Hacman Financial Exclusively Advises Matt Bowers Automotive Group on Acquisition of Brownsburg, IN Chrysler Dodge Jeep Ram

ATLANTA--(BUSINESS WIRE)--Hacman Financial, an automotive consulting firm specializing in dealership mergers and acquisitions, served as the exclusive buy-side advisor to the Matt Bowers Automotive Group in its acquisition of Bill Estes Chrysler Dodge Jeep Ram in Brownsburg, Indiana, from Asbury Automotive Group (NYSE: ABG). The transaction was finalized on February 2, 2026. The dealership will operate as Indy Chrysler Dodge Jeep Ram.

The acquisition marks the Matt Bowers Automotive Group’s first dealership location in Indiana, expands the group’s footprint across five states, and represents its third Chrysler Dodge Jeep Ram franchise.

“It was a pleasure working with Matt and his team,” said Dan Clara, Chief Operating Officer (COO) of Asbury. “I am tremendously proud of the business and reputation we built at Bill Estes CDJR. I also appreciated the opportunity to work again with David Hacman. I congratulate Matt and the entire Bowers organization. I look forward to seeing the continued growth of the Chrysler Dodge Jeep Ram brand.”

“With the completion of this transaction, our organization is proud to enter into the Indianapolis MSA and add another Stellantis dealership to our portfolio,” said Matt Bowers, Owner of the Matt Bowers Automotive Group. “I also want to thank David Hacman. It was a pleasure collaborating with a first-class M&A advisor throughout the process.”

“I am always grateful when a client chooses us to assist with their portfolio growth initiatives,” said David Hacman, President of Hacman Financial. “Matt is one of the most operationally driven and highly disciplined dealer principals I have represented, and it was an honor to work with him and assist in the successful completion of this transaction.”

Jeremy Hebert of Becker & Hebert, LLC served as legal counsel to the Matt Bowers Automotive Group. Daniel Johns, Kevin Sutton, Jill Bell, and Katherine Frazier of Hill Ward Henderson served as legal counsel to the Asbury Automotive Group.

About Asbury Automotive Group, Inc.

Asbury Automotive Group, Inc. (NYSE: ABG), a Fortune 500 company headquartered in Atlanta, GA, is one of the largest automotive retailers in the U.S. In late 2020, Asbury embarked on a multi-year plan to increase revenue and profitability strategically through organic operations, acquisitive growth, and innovative technologies, with its guest-centric approach as Asbury’s constant North Star. As of December 31, 2025, Asbury operated 171 new vehicle dealerships, consisting of 223 franchises and representing 36 domestic and foreign brands of vehicles. Asbury also operates Total Care Auto, Powered by Asbury, a leading provider of service contracts and other vehicle protection products, and 39 collision repair centers. Asbury offers an extensive range of automotive products and services, including new and used vehicles; parts and service, which includes vehicle repair and maintenance services, replacement parts and collision repair services; and finance and insurance products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, and prepaid maintenance. Asbury is recognized as one of America’s Fastest Growing Companies 2024 by the Financial Times, one of the World’s Most Trustworthy Companies 2024 and 2025 by Newsweek, and one of America’s Most Successful Small-Cap Companies by Forbes for 2026. For additional information, visit www.asburyauto.com.

About Matt Bowers Automotive Group

Established in 2016, Matt Bowers Automotive Group is a privately-held dealer group with locations across Louisiana, Mississippi, Tennessee, Texas, and Indiana. The group sells and services a wide range of new and used vehicles and is recognized for its community involvement and commitment to customer service. Its operations include vehicle sales, financing, parts, and service. For more information, please visit https://www.mattbowersauto.com.

About Hacman Financial

Founded in 2025, Hacman Financial is an independent automotive consulting firm focused on becoming the most trusted advisor to automotive dealers. With deep industry expertise, the company partners with dealer principals and groups to achieve their strategic growth, acquisition, and portfolio objectives. Hacman Financial is based in the Atlanta metropolitan area. For more information on the company, visit www.hacmanfinancial.com.