DCG Acquisitions Closes Bergey’s Auto Acquisition of Carfagno Chevrolet, Now Bergey’s Chevrolet

September 30, 2021

Automotive Industry Forerunner in Securing Legacies Enjoys Unprecedented Year

 

(New York, New York – September 30, 2021)  DCG Acquisitions, a Dave Cantin Group (DCG) Company, has closed on the acquisition of Carfagno Chevrolet, now Bergey’s Chevrolet. The acquisition was completed on Sept. 27, adding to the company’s unprecedented year.

Bergey’s legacy spans 90 years. Founded in 1924 by Norman L. Bergey in Franconia, Pennsylvania, what started as a simple auto repair shop has grown to dealerships in over 28 locations throughout Pennsylvania, New Jersey, Delaware and Maryland. The new Bergey’s Chevrolet is located in Plymouth Meeting, Pennsylvania.

“We are pleased to continue our record-setting pace of securing legacies that is made possible by our team’s unparalleled knowledge base and professionalism, relentless hard work, and unyielding commitment to our clients,” said Dave Cantin, DCG Founder and CEO. “Through creative thinking and problem solving, the DCG group ensures a beneficial and painless process for all parties involved in an acquisition. It is because of all of these attributes that we have achieved the most successful year in company history.”

Brian Brown and Drew Picon of the Eastern region facilitated the culmination of this transaction.

Recent DCG Acquisitions 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 thrilled to announce the representation of four exemplary Las Vegas, Nevada, dealerships acquired by Lithia Motors, one of the most sought-after automotive markets in the industry. DCG are authorities in analyzing valuations of a dealership’s worth and specializes in representing platform acquisitions, overseeing multiple dealerships within an individual acquisition.

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 @davecantin

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 @davecantingroup