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Haig Partners Advises on Sale of Two Dealerships in Chicago
Kia of Lincolnwood and Hyundai of Lincolnwood acquired by Berman Automotive Group
Apr. 16, 2026 at 2:26pm
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Haig Partners' expertise in complex automotive dealership transactions is reflected in the intricate textures of the industry.Chicago TodayHaig Partners LLC, a leading buy-sell advisory firm to auto retailers in the U.S., served as the exclusive sell-side advisor on the sale of Kia of Lincolnwood and Hyundai of Lincolnwood in Chicago, Illinois. The dealerships were previously owned by AutoCanada's U.S. subsidiary, Leader Automotive Group, and were acquired by Berman Automotive Group, a premier, family-owned dealership group based in the Chicago area.
Why it matters
This transaction highlights Haig Partners' ongoing relationship with AutoCanada and their expertise in executing complex, multi-transaction dealership divestitures. The sale of these two dealerships represents the sixth and seventh transactions Haig Partners has led for AutoCanada in the Chicagoland market over the past several months, showcasing their ability to support sophisticated, publicly traded automotive retailers in strategic realignment of their U.S. operations.
The details
Berman Automotive Group, founded in 1987 by Michael Berman, has grown to operate multiple franchises across Illinois and Indiana, including Nissan, Subaru, INFINITI and Chrysler Dodge Jeep Ram dealerships. The transactions were supported by Leader Automotive Group's legal counsel, Ira Levin of Burke, Warren, MacKay & Serritella, P.C.
- The sale of Kia of Lincolnwood and Hyundai of Lincolnwood was completed on April 16, 2026.
The players
Haig Partners LLC
A leading buy-sell advisory firm to auto retailers in the U.S. that served as the exclusive sell-side advisor on the sale of Kia of Lincolnwood and Hyundai of Lincolnwood.
AutoCanada
A publicly traded automotive retailer that previously owned the Kia of Lincolnwood and Hyundai of Lincolnwood dealerships through its U.S. subsidiary, Leader Automotive Group.
Berman Automotive Group
A premier, family-owned dealership group based in the Chicago area that acquired Kia of Lincolnwood and Hyundai of Lincolnwood.
Ira Levin
The legal counsel for Leader Automotive Group, AutoCanada's U.S. subsidiary, who supported the transactions.
Burke, Warren, MacKay & Serritella, P.C.
The law firm that Ira Levin is a part of, which provided legal counsel for Leader Automotive Group in the transactions.
What they’re saying
“We are grateful to AutoCanada for the trust they have placed in Haig Partners by selecting us as their exclusive advisor across these seven dealership transactions in the Chicagoland market over the past several months. Advising a sophisticated, publicly traded automotive retailer on a coordinated series of dealership divestitures requires careful planning, consistent execution and deep buyer relationships. We appreciate the opportunity to support AutoCanada's strategic realignment of its U.S. operations and are proud to have delivered successful outcomes across multiple transactions with highly regarded buyers.”
— Alan Haig, President and Founder of Haig Partners
“It was a pleasure working with the AutoCanada team on the sale of Kia of Lincolnwood and Hyundai of Lincolnwood. These were important assets in a highly competitive automotive retail market, and it was critical to identify a buyer who would continue to build on their strong foundation. Berman Automotive Group brings both scale and a long-standing commitment to the Chicagoland community, making them an excellent long-term steward for these dealerships.”
— Kevin Nill, Managing Director at Haig Partners
The takeaway
Haig Partners' role in this series of dealership transactions in the Chicagoland market showcases their expertise in advising sophisticated automotive retailers like AutoCanada on complex divestitures. Their ability to identify the right buyers and execute successful outcomes highlights their position as a leading advisor in the Midwest region.
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