DCG Acquisitions, A Dave Cantin Group Company, Closes on Selling Two Lithia Motors Dealerships to Brickl Capital
Latest DCG Closing Continues Company’s 2021 Record-Setting Rate in Securing Legacies
(New York, New York- October 29, 2021) DCG Acquisitions, a Dave Cantin Group Company, has closed on the acquisition of two Lithia Motors locations by Brickl Capital. The closing continues DCG’s pace-setting year in securing legacies. The two New York State dealerships will continue to be known as Carbone Chevrolet of Yorkville and Carbone Buick GMC of Utica.
Brickl Companies, led by Chairman and CEO Jason Brickl, features a varied portfolio including LeadCar, a just-launched group of franchised, new-car dealerships representing the Audi and Toyota Brands in Wisconsin, Minnesota and Missouri. Its acquisition of the Lithia dealerships marks the Brickl Companies’ expansion into New York. Jason Brickl is recognized as a savvy entrepreneur who creates and carefully oversees thriving businesses.
Lithia Motors, one of the largest automotive acquisition groups in the country, is no stranger to DCG. The Dave Cantin Group represented the sale of two Lithia Motors Lexus dealerships in California. In addition, DCG represented four Las Vegas dealerships acquired by Lithia Motors.
“The DCG Group is happy to begin a fruitful relationship with Brickl Capital and to have worked once again with Lithia Motors, a giant in the automotive acquisitions industry,” said Dave Cantin, Founder and CEO. “I commend the world-class team at DCG Group for their hard work, teamwork and ingenuity in closing acquisitions. It’s because of their dedication that DCG Group is enjoying it finest year to date.”
Recent DCG transactions include securing one of the industry’s most significant sales, the acquisition by DCD Automotive Holding of Tarbox Toyota Hyundai, now Nucar Toyota and Nucar Hyundai, representing DCG’s first acquisition in Rhode Island; the acquisition by Spitzer Auto of Murrays Ford Lincoln; industry leader Ken Garff Enterprises closure on Ron Carter’s Cadillac and Ron Carter’s Hyundai, renamed as Big Star Cadillac and Star Hyundai located in Texas; the sale of Carbon Nissan to the Steet Ponte Auto Group, now Steet Ponte Nissan operating in Central New York; Bergey’s Chevrolet as the result of a sale by Carfagno Chevrolet; 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. In addition, DCG represented four Las Vegas 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 asset.
About Dave Cantin Group:
The Dave Cantin Group (DCG) is a holding company whose subsidiaries form a holistic resource for acquisitions, growth, and insight in the automotive industry. Our value begins with founder Dave Cantin and his 20+ years of auto industry experience. It extends across the experience of every team member—in DCG Acquisitions, DCG Capital, and DCG Media—with backgrounds in all aspects of the automotive industry, as well as financial and professional fields. All three companies within the Dave Cantin Group maintain an impeccable reputation and a long track record of successful outcomes. DCG leverages its extensive experience to support its client’s needs and goals. In doing so, a solid foundation is established in which to grow, preserve and secure, hard-earned and well-deserved legacies. www.davecantingroup.com @davecantingroup