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Keeler Motor Car Company and Open Road Capital Acquire BMW of Tenafly

Source: PR Newswire

M&A & RestructuringAutomotive & EVConsumer Demand & Retail

Keeler Motor Car Company and Open Road Capital acquired BMW of Tenafly from Penske Automotive Group, with the transaction closing in Q2 2026. The deal marks Keeler Motor Car Company's entry into the New Jersey auto-retail market, though financial terms were not disclosed.

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