LAPIS Automotive acquires four-store portfolio from Umansky Automotive Group

Houston-based LAPIS Automotive has acquired four dealerships in Livermore, California from Umansky Automotive Group in a deal that closed March 17, 2026. The transaction brings LAPIS CEO Todd Blue’s growing portfolio to six rooftops in just over two years of operation, adding the group’s first Honda franchise alongside three luxury brands he previously represented. The acquisition expands LAPIS’s West Coast footprint into the San Francisco Bay Area, a region Blue cited for strong economic tailwinds tied to AI industry growth.

Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox.

Deal Details:

Seller: Umansky Automotive Group

Buyer: LAPIS Automotive

Transaction Date: March 17, 2026

Rebranded Dealerships:

• Porsche Livermore → Porsche Livermore (name retained)
• Audi Livermore → Audi Livermore (name retained)
• Land Rover Livermore → Land Rover Livermore (name retained)
• Livermore Honda → Livermore Honda (name retained)

Advisor/Facilitator: The Presidio Group (Sell-side advisor)