Boardwalk Auto Group recently sold its ultra-luxury dealerships in Texas — selling Ferrari, Lamborghini, Maserati and Pagani brands — to US Auto Trust, a growing automotive retail dealership platform with a portfolio of premium luxury brands.
The deal was announced by NBB, the seller’s financial advisor, which also called it one of the most significant ultra-luxury dealership portfolio sales in recent history.
Boardwalk Auto Group has been a cornerstone of the Texas luxury automotive market for more than two decades, earning national recognition for its commitment to excellence and customer service. The group's Ferrari and Lamborghini stores have consistently ranked among the top-performing dealerships in North America. Under the leadership of President and CEO Ken Ambrose, Boardwalk cultivated deep relationships with manufacturers and built a loyal client base across Texas and beyond.
The latest transaction marks the third major Boardwalk dealership sale NBB has advised on in 2025. In February, NBB advised on the sale of Boardwalk's California luxury portfolio, which included Ferrari, Alfa Romeo, Bentley, Lamborghini, Maserati and Pagani franchises, to George Grinzewitsch Jr. In July, NBB also advised on the sale of Boardwalk's Lewisville Volkswagen dealership in the greater Dallas-Fort Worth area to Clay Cooley.
"It was an honor for NBB to advise Boardwalk Auto Group on these landmark transactions," shared Zach Kuzemka, CEO of NBB. "These dealerships are among the most prestigious in the country, and they attracted strong interest from top-tier buyers. We congratulate US Auto Trust, Clay Cooley and George Grinzewitsch Jr. on their acquisitions and look forward to seeing these stores reach new heights under their stewardship."
