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America’s Car-Mart to Acquire Texas Auto Center

Car-Mart to enter the Austin and San Marcos, Texas market.

Company Release – 05/02/2024

ROGERS, Ark., May 02, 2024 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ:CRMT), today announced that it has entered into a definitive agreement to purchase the dealership assets of Texas Auto Center (“TAC”). The transaction, which excludes legacy finance receivables, is expected to close in the first quarter of Car-Mart’s 2025 fiscal year, which begins May 1, 2024.

Since founding Texas Auto Center in 1995, Bob and Erika Blankenship have grown their operation into an award-winning dealership group with locations in Austin and San Marcos, Texas.

Learn more in the press release.

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