DCG Acquisitions Closes on Sale of Ron Carter Cadillac and Ron Carter Hyundai, Now Big Star Cadillac and Big Star Hyundai
Automotive Industry Leader Continues Record-Setting Year in Securing Legacies
(New York, New York – August 30, 2021) DCG Acquisitions, a Dave Cantin Group (DCG) Company, has secured the acquisitions of Ron Carter’s Cadillac and Ron Carter’s Hyundai, renamed as Big Star Cadillac and Big Star Hyundai located in Texas. DCG is continuing its record-pace year on closings and cementing DCG as a leader in automotive industry transactions. The transaction, which closed on August 23, is one of 21 closings expected by the end of the year. DCG has exceeded its own record-setting pace by sealing the deal on 16 acquisitions as of July 31, 2021.
Recent transactions include the acquisition by Long Island, New York-based Atlantic Automotive Group, owned by John Staluppi Sr. – Lexus of Route 110 and Lexus of Rockville Centre – recently sold to the Len Stoler Automotive Group. DCG also represented the sale of two more Lexus dealerships in California, Lexus of Oxnard and Lexus of Santa Barbara, purchased by Ken Garff Automotive Group from Lithia Motors. DCG is also excited to announce the representation of four incredible Las Vegas, Nevada dealerships acquired by Lithia Motors, one of the most desirable automotive markets in the industry. DCG are experts in analyzing valuations of a dealership’s worth and specializes in representing platform acquisitions, overseeing multiple dealerships within an individual acquisition.
“We are extremely proud of our team’s hard work, tireless dedication, and creative and progressive thinking in meeting our customers’ every need,” said Dave Cantin, DCG Founder and CEO. “This year has been an opportune time to seek out transactions and I attribute this most successful year for DCG directly to our specialists’ impressive knowledge-base and enthusiasm in constructing unified deals that please all parties.”
Tony Karabon of the Central Region facilitated the closing of Ron Carter Cadillac and Ron Carter Hyundai, now Big Star Cadillac and Big Star Hyundai.
“Dave Cantin and the Dave Cantin Group team brought outstanding professionalism, creativity, and work ethic to the acquisition they handled for us,” said John Garff, CEO of Ken Garff Enterprises, which acquired the companies from Rob Abernathy and Donald Hudler.
The Ken Garff Auto Group ranks in the top 10 largest automotive dealership groups nationally with over 50 dealerships. They gave the highest praise to DCG. “The process was seamless, and DCG handled it with skill and a winning attitude,” John Garff said. “I look forward to working with them again, someday.”
About Dave Cantin:
Dave Cantin is the Founder and CEO of DCG Acquisitions, Dave Cantin Group company (DCG), an astute business veteran with more than 20 years of experience in the automotive industry. He has extensive knowledge in analyzing valuations of a dealership’s worth, negotiating complete buy and sell transactions. Cantin’s specialty is representing platform acquisitions, overseeing multiple dealerships within an individual deal. His business acumen, passion, and dedication in exploring innovative sales opportunities taking a small local car dealership transforming it into becoming the most significant single-point car dealership in that region. Dave Cantin, a cancer survivor, has personally helped raise more than $150 million in the fight against pediatric cancer. Cantin is committed to eradicating cancer, and his DCG Gives Back program donates an annual percentage of its revenue to childhood causes. For more information about Dave Cantin Group visit www.davecantingroup.com
About Dave Cantin Group:
Dave Cantin Group (DCG) is headquartered at the prestigious Rockefeller Center in New York City, with additional offices nationwide. DCG encompasses three full-service areas, DCG Mergers & Acquisitions and DCG Capital specializing in automotive acquisitions, capital services for automotive dealers, succession planning, and managing the sale and purchase of automotive dealerships. DCG’s team has collectively closed billions in dealership automotive mergers and acquisitions. DCG is one of the world’s largest automotive dealership M&A firms assisting automotive owners in growth recapitalizations, business transfers to financial or strategic buyers, and management buyouts. DCG supports a company’s growth by providing buy/sell opportunities and identifying potential to expand geographic territories. In addition, Dealer News Today is a partnership between the Dave Cantin Group and Cox Automotive. The Dealer News Today Podcast Series hosted by Derek D is on the cutting edge of automotive news where the focus is 100% providing auto content and insights dealers need today and require for success tomorrow. DCG Gives Back: The Dave Cantin Group is committed to donating a percentage of all of DCG Acquisitions’ revenues to a charity that fights childhood causes in the acquired dealership location. For more information about Dave Cantin Group visit www.davecantingroup.com