Asbury Automotive Acquires Herb Chambers in $1.34B Mega Deal

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What’s Next? Closing Timeline & Legal Teams

The acquisition is expected to close in the second quarter of 2025, pending regulatory approvals and customary closing conditions.

WilmerHale (Advising The Herb Chambers Cos.)

  • Joe Conahan, Andy Alin, Doug Burton, Bill Caporizzo, Meghan Walsh, Scott Kilgore, Jeff Johnson, Chalyse Robinson, Kirk Nahra, and Hartmut Schneider

Jones Day and Hill Ward Henderson (Advising Asbury)

  • Full legal counsel details were not immediately available.

Industry Impact: A Deal That Reshapes the Market

With this acquisition, Asbury Automotive is making a bold statement: scale, customer service, and strategic expansion will define the next era of auto retail. As the industry evolves, all eyes will be on how Asbury integrates the Herb Chambers empire into its growing portfolio.