DCG Acquisitions represented the sale of Johnson Motors in Pennsylvania. Drew Picon of the East Region office facilitated the closing of this transaction.
ACQUISITION HIGHLIGHTS
I can’t say enough about the professionalism of DCG Acquisitions, and specifically Drew Picon and Brian Brown. Our transaction was somewhat complicated yet Drew and Brian exhibited admirable persistence in overcoming any issues that may have arisen. It was a pleasure working with these gentlemen and I highly recommend their services. We look forward to working with DCG to help our company grow.
I can’t say enough about the professionalism of DCG Acquisitions, and specifically Drew Picon and Brian Brown. Our transaction was somewhat complicated yet Drew and Brian exhibited admirable persistence in overcoming any issues that may have arisen. It was a pleasure working with these gentlemen and I highly recommend their services. We look forward to working with DCG to help our company grow.
Alan Spitzer Chairman & CEO, Spitzer Management
Congratulations on the sale of our businesses! You folks truly did a remarkable job! As you probably recall, I had hired another company to represent us two years prior to your work. That company looked around the area and found two dealerships they wanted to introduce us to. There was mild interest by both of those companies. I was actually heartened by their desire for us. However, there was no one there to really make the deal go forward. When I talked with you, I found someone who was ready to move forward and make a deal happen. Drew, that is exactly what you did. You followed up at each and every turn by the buyers. The first potential purchaser exhibited a great amount of interest, but backed out when they saw our pay plans. Two days later, you told me of the ultimate buyer, and assured me they were ‘the ones.’ They were. I thank you for your interest as well as your energy in making things happen. You folks followed up right through negotiations with General Motors and with Subaru. I know of no broker who would go as far as you went. Drew, you also became a friend! I knew that I could count on you, and I still feel that way today.
Congratulations on the sale of our businesses! You folks truly did a remarkable job! As you probably recall, I had hired another company to represent us two years prior to your work. That company looked around the area and found two dealerships they wanted to introduce us to. There was mild interest by both of those companies. I was actually heartened by their desire for us. However, there was no one there to really make the deal go forward. When I talked with you, I found someone who was ready to move forward and make a deal happen. Drew, that is exactly what you did. You followed up at each and every turn by the buyers. The first potential purchaser exhibited a great amount of interest, but backed out when they saw our pay plans. Two days later, you told me of the ultimate buyer, and assured me they were ‘the ones.’ They were. I thank you for your interest as well as your energy in making things happen. You folks followed up right through negotiations with General Motors and with Subaru. I know of no broker who would go as far as you went. Drew, you also became a friend! I knew that I could count on you, and I still feel that way today.
Robert G. Johnson Owner Johnson Motors & Johnson Subaru
Deal Summary
- Date August 2020
- SECTOR Automotive
- DEAL TYPE Non-luxury, Group
- SELLER(S) Bob Johnson
- BUYER(S) Spitzer
- DEAL LOCATION Pennsylvania
Inquire Now
Contact us to see why we’re chosen so often, by so many.
Let us assist you in making the most of the next step in your M&A strategy. Use the form below to contact our acquisitions advisors.