Ken Garff Enterprises is the new owner of Ron Carter’s Cadillac and Ron Carter’s Hyundai, two auto dealership franchises in Houston, renamed as Big Star Cadillac and Big Star Hyundai. Secured by DCG Acquisitions, the deal comes during a record-setting year for the M&A firm specializing in the automotive industry.
“Usually 15 to 16” a year is DCG’s acquisition pace. “This year, 28 to 37,” said Dave Cantin, founder and CEO. “What this year is shaping up to be is the greatest year and the most activity that we’ve ever experienced in the mergers and acquisitions world.”
Published on September 7th, 2021 at www.franchisetimes.com.