AutoCanada completes sale of three British Columbia dealerships for $32.2 million gross proceeds

• AutoCanada completed the sale of three British Columbia dealerships for gross proceeds of about $32.2 million.
• Proceeds included $28.8 million for goodwill and fixed assets, excluding inventory and net working capital, plus $3.4 million for real estate.
• In the trailing 12 months ended Q1 2026, the dealerships generated about $111 million revenue, posting a $1 million net loss.
• Net proceeds will initially repay the revolving credit facility, supporting future investment and improving financial flexibility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AutoCanada Inc. published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein.