Dave Cantin Group is proud to have successfully managed the transaction between Servo Pacific Inc., Hawaii’s largest dealership group and ranked No. 18 on the Automotive News’ Top 150 list and Big Island Motors, a Hawaii-based dealership group owned by the De Luz Family for over 60 years.
Dave Cantin managed this deal for the Dave Cantin Group. This deal included two Toyota stores, Big Island Toyota Hilo and Big Island Toyota Kona, in the towns of Hilo and Kailua-Kona. The stores were renamed Servo Toyota Hilo and Servco Toyota Kona.
More info about the transaction in on the Servo website article here and with highlights below:
“The decision to sell Big Island Toyota was not an easy one,” said Jackie DeLuz, president of Big Island Toyota. “My siblings and I grew up in the business, but like many multi-generational family-owned companies, we do not have a family successor willing to continue the business. We feel confident that our team members and customers will be in good hands. Servco and Big Island Toyota are both family-owned businesses with a shared value of service – both toward our employees and the broader community. There is no better partner to carry on our legacy.”
Big Island Toyota has been in business for over 65 years and has been the number one dealership on Hawaii Island since 1970. Under the vision of its three late founders – David S. DeLuz Sr., John Correira, and Tatsuo “Baldy” Higashi – the company has grown to 100+ team members committed to quality and service. Big Island Toyota and Servco have been long-time business partners since 1966.
“The Fukunaga family has been working alongside the DeLuz family and the rest of the Big Island Toyota team for nearly 60 years now,” said Mark Fukunaga, executive chair of the board at Servco Pacific Inc. “We are grateful, humbled, and look forward to welcoming Big Island Toyota to Team Servco.”
Servco was founded by Mark’s grandfather, Peter Fukunaga, in 1919 as a two-car garage in Waialua. It is now the largest private company in Hawaii and the exclusive distributor of Toyota, Lexus, and Subaru vehicles in Hawaii.”
Congratulations to both Servco Pacifica and Big Island Toyota on this milestone deal!
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