From the Inside Out
“Hands-on experience” is an understatement for the expertise Drew brings to his clients.
Drew grew up in the automobile business – literally.
Coming from a family that owned multiple car dealerships, from his earliest years, Drew worked his way through service, parts, and eventually sales. After attending Northeastern University, Drew served his family’s multi-point dealership group as an assistant sales manager, eventually assuming the role of General Manager and running the entire family business.
Firsthand Acquisition Experience
In 1994, Drew, along with his father, purchased a dual store in Belleville, New Jersey which was the beginning of a successful run of dealership purchases:
- In 2008, he acquired a Hyundai-Ford franchise, which under his leadership grew quickly and eventually sold in 2016.
- In 2013, Drew acquired a Kia franchise, which skyrocketed beyond district, regional, and national sales numbers thanks to Drew’s expertise.
- Drew has achieved additional record-breaking successes as a Chrysler, Dodge, & Ram facility owner.
Experience Put to Good Use
His tenure as a multi-franchise buyer and operator affords Drew a unique set of experiences: Not just on both sides of the table in transactions, but from every angle of the industry. Drew leverages his firsthand automotive M&A experience, allowing him to guide his clients past pitfalls and provide valued insights and favorable outcomes.
Drew Picon’s thorough consideration of our goals enabled a quick and mutually beneficial agreement. His assistance led to a successful conclusion which would not have happened without his involvement.
I have to say, doing business with you was over the top. You were persistent in following up with me until you got the listing, but were not obnoxious. I will also say that everything you told me to expect along the way was spot on from when I signed the listing agreement to getting the full price offer to settlement. As this was a once in a lifetime deal for me, it went extremely smoothly and I would highly recommend you to anyone who would be interested in selling their dealership. Again thanks again for all your help!
There are many pieces to the acquisitions puzzle which require having an experienced and knowledgeable professional to guide the process from start to finish. Brian Brown and Drew Picon were with us through the many hurdles, from the manufacturer approval process to helping us open the doors during the uncertain time of COVID-19. Their diligence and attention to detail make working with this team an absolute pleasure.
Coming from a family-owned dealership, we wanted to keep the legacy alive with our close-knit traditions and focus on our community. Drew was with us every step of the way. He was able to source a buyer locally, quickly, and happily. Drew took the time to understand who we are as a company and took that vision to the next level. He exceeded our expectations right through to the close. We wholeheartedly recommend Drew and the DCG Acquisitions team to those who are looking for a long-lasting business partnership.
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.
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.