Michael Toyota, Michael Cadillac/Chevrolet, Michael Volkswagen, California

ACQUISITION HIGHLIGHTS

New York, New York – June 1, 2022 DCG Acquisitions, a Dave Cantin Group (DCG) company, announced the successful completion of Michael Toyota, Michael Cadillac/Chevrolet, Michael Volkswagen to American Motors Corporation / Blackstone, owned by the Cornelius family. The Cornelius family owns/operates 3 other Toyota stores in nearby markets as well as multiple VW stores, Hyundai, Genesis and a standalone classic car sales operation. This platform expands their footprint to the central valley connecting their reach from Northern California to the high desert in Southern California, now totaling 13 locations. George Pero of DCG Acquisitions represented the buyer in the transaction.

Deal Summary

  • Date June 2022
  • SECTOR Automotive
  • DEAL TYPE Group
  • SELLER(S) Michael
  • BUYER(S) Blackstone
  • DEAL LOCATION CA

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