DCG ACQUISITIONS CLOSES ON SALE OF NIX AUTO CENTER TO TOLIVER AUTO GROUP
DCG Acquisitions, a Dave Cantin Group company,(DCG) closed on Nix Auto Center – Chevrolet Buick GMC, now Toliver Chevrolet Buick GMC located in Oklahoma. This is the latest acquisition closed on by DCG, adding to its record-setting year.
Toliver Auto Group is owned by the Brian Toliver and his two sons, Brent and Jonathan, and is headquartered in Sulphur Springs, Texas. The Toliver family has been in the retail automobile industry since 1930, and continue to operate their dealerships consistent with their great-grandfather’s motto of: “pick your dealer first and then choose your car.” Their acquisition of Nix Chevrolet Buick GMC is the group’s first dealership in Oklahoma and complements their five dealerships in Texas which include the Ford, Chrysler, Dodge, Jeep and Ram brands.
Tony Karabon of the Central Region facilitated the transaction.
Recent DCG transactions include the acquisition by industry leader Ken Garff Enterprises of Ron Carter’s Cadillac and Ron Carter’s Hyundai, renamed as Big Star Cadillac and Big Star Hyundai located in Texas; 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 are experts in analyzing valuations of a dealership’s worth and specializes in representing platform acquisitions, overseeing multiple dealerships within an individual asset. Other transactions include Ron Carter Cadillac and Ron Carter Hyundai, now Big Star Cadillac and Big Star Hyundai in Texas, as well as Mercedes Benz of Billings, Montana, sold by Rimrock Auto Group, and Roy Robinson Subaru to Kendall Auto Group.
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.