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


transaction details:

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.

My relationship with George Pero and DCG Acquisitions spans the better part of 4 1/2 years. He has taken the time to understand our investment strategy and worked tirelessly to identify the perfect fit for our buying criteria. We have been patiently waiting for the right opportunity to come our way and when George brought this deal to us, we immediately knew this was “the one”. George has been intimately involved in every aspect of the transaction navigating the deal all the way to the closing table. We look forward to future opportunities George and his team as we continue to optimize our business through these unprecedented times.

Steve Cornelius

American Motors Corporation

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