Nick Saban’s Dream Motor Group has expanded into south Florida with the purchase of two Mercedes Benz dealerships in a deal worth hundreds of millions of dollars, according to multiple reports.

Saban and his partners, including CEO Joe Agresti, recently completed the purchase of Mercedes Benz of Coral Gables and Mercedes Benz of Cutler Bay, which are both in the Miami area. AutomotiveNews.com put the total deal — which also included an auto repair shop and a former police headquarters — at more than $700 million.

Saban has been a car dealership investor for many years, with Dream Motor Group already the owner of two Mercedes locations in Birmingham, one in Baton Rouge, one in Nashville and another in the Houston area. Saban’s son, Nicholas, is part of the management team at Mercedes Benz of Birmingham.

Dream Motor Group also owns Infiniti of Birmingham and Prancing Horse of Nashville, a Ferrari dealership. Saban’s much-publicized “vacation” to Italy this past spring was in part a business trip involving his Ferrari interests.

Saban’s Mercedes dealerships have had at least one celebrity customer in recent months. Ole Miss running back Quinshon Judkins, a Montgomery native and the 2022 SEC Freshman of the Year, told reporters in July he purchased a new car from Mercedes Benz of Birmingham after signing a lucrative NIL deal with the school.