Where is David Rosenberg now?
Rosenberg lives in Marblehead but oversaw dealerships throughout New England, including two on Cape Cod. He was fired after blowing the whistle on GPB’s financial mismanagement, and in the process, uncovering what could be a $1.8 billion Ponzi scheme.
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.
Did Rockingham Toyota get sold?
David Rosenberg and partner Bob Ramos bought Rockingham Toyota and Rockingham Honda, in Salem, N.H., on Nov. 1, 2021.
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.
Who owns Rockingham Toyota?
Did Rockingham Toyota change their name?
Rockingham Toyota and Honda, operated by Emmett Horgan and his family for almost four decades, was recently sold to Westwood-based DSR Motor Group. The two Salem, N.H., dealerships became Canobie Lake Toyota and Canobie Lake Honda respectively, under the leadership of David Rosenberg, DSR Motor Group president.
Who bought Prime Motor Group?
Group 1 Automotive Inc.
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.
Who is Ira Rosenberg?
Rosenberg recently retired after nearly 60 years in the business. BOSTON — A man known across the Northeast region for his work as a car salesman and philanthropist has died.
Who bought Rockingham Honda?
David Rosenberg and partner Bob Ramos bought Rockingham Toyota and Rockingham Honda, in Salem, N.H., on Nov. 1, 2021. New England dealer David Rosenberg has purchased two more dealerships, bringing his count to six rooftops in three states.