PITTSBURGH — In July 2017, a New York-based private equity firm took majority ownership of one of Pittsburgh’s largest auto dealerships. Now two of those properties are back in local hands.
#1 Cochran on Tuesday confirmed that it has purchased Kenny Ross Chevrolet and Kenny Ross Nissan, both in Zelienople, from GPB Capital Holdings LLC. Financials were not disclosed.
[ You can read more on this story in the Pittsburgh Business Times. ]
The deal marks the company’s first-ever Chevy store and fourth Nissan site, which also includes a collision center that will become its eighth regional Body by Cochran Collision/Customization location. Now known as #1 Cochran Chevrolet, #1 Cochran Nissan Cranberry and Body by Cochran, they all are located on Perry Highway in Zelienople.
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