PURCHASE AGREEMENT by and among GROUP 1 AUTOMOTIVE, INC., GPB PORTFOLIO AUTOMOTIVE, LLC, CAPSTONE AUTOMOTIVE GROUP, LLC, CAPSTONE AUTOMOTIVE GROUP II, LLC, AUTOMILE PARENT HOLDINGS, LLC, AUTOMILE TY HOLDINGS, LLC and PRIME REAL ESTATE HOLDINGS, LLC...Purchase Agreement • November 4th, 2021 • Group 1 Automotive Inc • Retail-auto dealers & gasoline stations • Delaware
This PURCHASE AGREEMENT, dated as of September 12, 2021 (this “Agreement”), is made by and among Group 1 Automotive, Inc., a Delaware corporation (the “Purchaser”), GPB Portfolio Automotive, LLC, a Delaware limited liability company, Capstone Automotive Group, LLC, a Delaware limited liability company, Capstone Automotive Group II, LLC, a Delaware limited liability company, Automile Parent Holdings, LLC, a Delaware limited liability company, and Automile TY Holdings, LLC, a Delaware limited liability company (each, a “Seller” and collectively, the “Sellers”), and Prime Real Estate Holdings, LLC, a Delaware limited liability company (the “Real Estate Equity Seller”). The Sellers and the Real Estate Equity Seller are collectively referred to herein as the “Seller Parties.” Capitalized terms used but not otherwise defined herein have the meanings set forth in Section 1.01.
