DCG ACQUISITIONS CLOSES ON THIRD SALE IN FIVE DAYS: JEFF SMITH VOLKSWAGEN, NOW VOLKSWAGEN OF WARNER ROBINS
New York, New York – October 1, 2021) DCG Acquisitions, a Dave Cantin Group Company has secured the acquisition of Jeff Smith Volkswagen, now Volkswagen of Warner Robins. The deal is the DCG’s third closing in 5 days, continuing its record-breaking pace of securing legacies in 2021. The deal, significant on its own for the DCG’s swift closings at an increasingly rapid pace, is also notable in that it further cements the company’s presence in the Southeast Region, including metro markets in Georgia and Florida.
Recent transactions by DCG include sale of two Lexus dealerships in California; Lexus of Oxnard and Lexus of Santa Barbara, purchased by Ken Garff Automotive Group from Lithia Motors. DCG also secured one of the largest single point Honda acquisitions in U.S. history with Curry Honda Atlanta, owned by Bernie Curry, which was also acquired by Lithia Motors. Other transactions include Ron Carter Cadillac and Ron Carter Hyundai, now Big Star Cadillac and Big Star Hyundai in Texas, as well as Mercedes Benz of Billings, Montana, sold by Rimrock Auto Group, and Roy Robinson Subaru to Kendall Auto Group. DCG are experts in analyzing valuations of a dealership’s worth and specializes in representing platform acquisitions, overseeing multiple dealerships within an individual acquisition.
Mike Lacey of the Eastern Region facilitated the closing, marking his first sourced and sold deal for the Eastern Region.
Read the rest of the transaction details in the press release.
