About Atlantic Auto Group
Atlantic Auto Group is a company based in West Islip (United States) founded in 1909 was acquired by LMP Motors in October 2020.. The company has 1,010 employees as of December 31, 2022. Atlantic Auto Group offers products and services including New Vehicles, Used Vehicles, and Financing Services. Atlantic Auto Group operates in a competitive market with competitors including Cars.com, Copart, Droom, Group1 Automotive and CarGurus, among others.
- Headquarter West Islip, United States
- Employees 1010 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1010
as on Dec 31, 2022
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Acquired by
LMP Motors
(Oct 09, 2020)
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Products & Services of Atlantic Auto Group
Atlantic Auto Group offers a comprehensive portfolio of products and services, including New Vehicles, Used Vehicles, and Financing Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers new cars from brands like Honda and Toyota for purchase.
Provides certified pre-owned vehicles under $10k for affordable options.
Assists with vehicle loans and leasing for buyers.
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Funding Insights of Atlantic Auto Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Atlantic Auto Group
Atlantic Auto Group has secured backing from 1 investor. Prominent investors backing the company include LMP Motors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Subscription-based car access is facilitated through an app-based marketplace.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Atlantic Auto Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Atlantic Auto Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Atlantic Auto Group Comparisons
Competitors of Atlantic Auto Group
Atlantic Auto Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cars.com, Copart, Droom, Group1 Automotive and CarGurus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Used cars are listed and analyzed on an online platform.
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| domain | founded_year | HQ Location |
Used and salvaged vehicles are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Used vehicles are bought and sold through an AI platform.
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| domain | founded_year | HQ Location |
Provider of new & used cars and trucks dealership services
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| domain | founded_year | HQ Location |
Automotive vehicle listings are managed via an app-based platform.
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| domain | founded_year | HQ Location |
Online new and used cars listing platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Atlantic Auto Group
When was Atlantic Auto Group founded?
Atlantic Auto Group was founded in 1909.
Where is Atlantic Auto Group located?
Atlantic Auto Group is headquartered in West Islip, United States. It is registered at West Islip, New York, United States.
Who is the current CEO of Atlantic Auto Group?
Peter Zorzy is the current CEO of Atlantic Auto Group.
How many employees does Atlantic Auto Group have?
As of Dec 31, 2022, the latest employee count at Atlantic Auto Group is 1,010.
What does Atlantic Auto Group do?
Atlantic Auto Group was founded in 1909 and is based in West Islip, United States. The company functions within the automotive sector as an online dealer, where new and used vehicles are offered for purchase via its website, atlanticautogroup.net. Operations emphasize digital sales and customer access to inventory remotely. Leadership is held by CEO Peter Zorzy, overseeing daily activities in vehicle distribution.
Who are the top competitors of Atlantic Auto Group?
What products or services does Atlantic Auto Group offer?
Atlantic Auto Group offers New Vehicles, Used Vehicles, and Financing Services.
Who are Atlantic Auto Group's investors?
Atlantic Auto Group has 1 investor. Key investors include LMP Motors.