We are thrilled to announce that LAPIS® has acquired Porsche Livermore, Audi Livermore, Land Rover Livermore, and Livermore Honda in Livermore, California from Umansky Automotive Group. LAPIS® CEO Todd Blue’s thoughtful expansion to Northern California brings our automotive group’s total to six dealerships in just under two and a half years. This acquisition marks Blue’s first Honda dealership and a meaningful return to the Porsche, Audi, and Land Rover brands he has previously represented for many years. Blue’s factory relationship with Porsche began his automotive career in 2010. “This is destiny,” Blue said. “The Tri-Valley, the East Bay and the entire San Francisco Bay Area are some of the loveliest places in all of California. Livermore, Dublin, Tracy, Pleasanton and surrounding cities are safe, convenient, and growing. Tech and medical workers, and their families, are locating here in droves.” “It’s an honor to return to the Porsche family,” said Blue. “It was the first dealership I purchased in Houston in 2010. Porsche took a chance on me in the beginning, and I have a deep affinity with the brand after running four Porsche stores in three states and serving on the Porsche Board of Regents during my first ten years in this business. Land Rover and Audi have enthusiastically welcomed me back with open arms and I’m truly passionate about their incredible model line-ups and their respective futures. I’m new to the Honda brand. Honda has an amazing Japanese history and a giant commitment to America. Honda has been manufacturing in America since 1982! In addition, Honda’s American corporate headquarters are in Southern California. I’m particularly excited about what’s ahead with Honda.” Blue is enthusiastic about the region’s fast-paced AI-generated employment growth. Livermore is positioned geographically for those who work in companies which serve the AI supply chain. He sees the East Bay continuing to be a growth market, with the I-680 corridors connecting San Jose to Northern California and the I-580 connecting West-East from Oakland into the Central Valley. “Livermore has a wonderful established history, and the wine country community is a great place to live,” said Blue. “It’s perfectly centered in the East Bay, North of Silicon Valley, Menlo Park, and South of Walnut Creek and Oakland. We are tremendously excited to connect with the wonderful car culture in Danville and Alamo. We will introduce ‘the LAPIS® way’ to the entire region, which includes a distinct focus on luxury, access, performance, innovation and service.” This is the third acquisition announcement in under two and a half years for LAPIS® CEO Todd Blue, following the purchase of Mercedes-Benz of Northern Arizona in Flagstaff, Arizona in January 2024 and Ferrari of Rancho Mirage in December 2025. “We’re ready to go to work in Livermore and connect with this vibrant community,” said Blue. “I am tremendously enthusiastic about the opportunities for our customers at our Livermore campus.