Who owns IRA autogroup?

Group 1 acquired Ira Honda in West Roxbury from Prime Automotive Group in November, part of an $880-million purchase first announced in September. Group 1 said it planned to acquire 30 Prime dealerships and closed on the purchase of 28 stores.

How did Herb Chambers make his money?

His business career started as a copier salesman at age 22 following a stint in the Navy. Chambers built his firm, A-Copy America, into the largest copier dealer around. He sold it for about $80 million in 1983 and it’s now the Ikon division of Ricoh Co. Ltd.

How many dealerships does Ira own?

His son, David Rosenberg, now heads the business as CEO of Prime, which operates 30 dealerships in Maine, Massachusetts, New Hampshire and Vermont.

Who bought prime motors?

David Rosenberg, pictured here at a time when he still ran Prime Motor Group. Auto dealer David Rosenberg will receive $30 million as part of a settlement of his legal claims against GPB Capital Holdings, the New York investment firm that acquired Prime Motor Group from Rosenberg and his father four years ago.

How many yachts does Herb Chambers own?

40 yachts
“I had friends who owned small boats, and I always had the desire to own one too.” Fast forward to today, and Herb has owned in excess of 40 yachts, often selling them as quickly as he can buy or build them.

Has prime auto been sold?

Group 1 Automotive Inc. has completed the purchase of 27 dealerships from Prime Automotive Group — about a week ahead of its planned date to close on the mega transaction it announced in September that was expected to cost $880 million.

How much does Herb Chambers make a year?

How much do people at Herb Chambers get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Herb Chambers is $98,608, or $47 per hour, while the estimated median salary is $102,001, or $49 per hour.

Who owns prime auto?

GPB Capital Holdings
Prime Automotive Group’s majority owner GPB Capital Holdings agreed to pay New England dealer and former Prime CEO David Rosenberg $30 million to settle a lawsuit filed by Rosenberg in 2019, according to a Monday regulatory filing.