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Jonathan Sobel-led group buys Porsche, Audi, VW dealerships

Jonathan Sobel's group's purchase of Porsche, Audi and Volkswagen dealerships follows a $70 million investment from Franchise Equity Partners in October.

Jonathan Sobel-led Georgica Auto Holdings, which received a $70 million investment from Franchise Equity Partners in October, entered a new state on Wednesday in a three-store acquisition.