Automotive Industry Leader Increases Southeast Presence in Securing Legacies at Impressive Record Pace
(New York, New York – October 1, 2021) DCG Acquisitions, a Dave Cantin Group Company has secured the acquisition of Jeff Smith Volkswagen, now Volkswagen of Warner Robins. The deal is the DCG’s third closing in 5 days, continuing its record-breaking pace of securing legacies in 2021. The deal, significant on its own for the DCG’s swift closings at an increasingly rapid pace, is also notable in that it further cements the company’s presence in the Southeast Region, including metro markets in Georgia and Florida.
Recent transactions by DCG include sale of two Lexus dealerships in California; Lexus of Oxnard and Lexus of Santa Barbara, purchased by Ken Garff Automotive Group from Lithia Motors. DCG also secured one of the largest single point Honda acquisitions in U.S. history with Curry Honda Atlanta, owned by Bernie Curry, which was also acquired by Lithia Motors. 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. DCG are experts in analyzing valuations of a dealership’s worth and specializes in representing platform acquisitions, overseeing multiple dealerships within an individual acquisition.
Mike Lacey of the Eastern Region facilitated the closing, marking his first sourced and sold deal for the Eastern Region.
“The DCG Group is pleased to expand its footing in the Southeast Region, further highlighting our company’s rapid growth and standing as a foremost acquisition facilitation group,” said Dave Cantin Founder and CEO. “The fact that this is our third closing in one week is a testament to the peerless experience, knowledge, ingenuity and professionalism of our consummate team.”
Buyer Troncalli Auto Group, is a staple in the Forsyth County community in Georgia. Owner Ryan Troncalli is a second generation dealer and this is the group’s fifth store. The Jeff Smith Auto Group services Warner Robins, Macon, Fort Valley, Byron and Perry in Georgia.
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 Giving program donates an annual percentage of its revenue to childhood causes.
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 Giving: 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.