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Seller
Hello Auto Group
Buyer
Jerry Seiner Dealerships

DCG Revives Stalled Dealership Sale, Unlocks 30% Higher Value for Hello Auto Group 

L-R: Tony Karabon, Chris Hemmersmeier, Stephen Hemmersmeier, Tom Hemmersmeier, Alex Covino
L-R: Tony Karabon, Chris Hemmersmeier, Stephen Hemmersmeier, Tom Hemmersmeier, Alex Covino

New York – March 19, 2026 – Dave Cantin Group (DCG), a premier automotive mergers and acquisitions advisory firm, revived a stalled sale process for one of Hello Auto Group’s Valencia, California dealerships. By leveraging its deep industry knowledge and extensive network, DCG helped the group achieve a 30% higher transaction value, delivering a successful outcome for all parties involved. 

Chris Hemmersmeier, President and CEO of Jerry Seiner Dealerships, acquired Hello Subaru of Valencia, now Jerry Seiner Subaru, in a deal finalized on March 16. 

Initially, Hello Auto Group was unable to finalize the deal through its sell-side broker. After turning to DCG’s Alex Covino, a trusted long-time partner, Hello Auto Group was able to connect with the right buyer and close the transaction with impressive results. DCG’s targeted outreach and deep regional connections were instrumental in ensuring a smooth, high-value deal. 

“I’m incredibly grateful for Alex Covino and the entire Dave Cantin Group team for their role in closing the Hello Auto Group sale,” said Karl Schmidt, Founder and President of Hello Auto Group. “Alex’s responsiveness, professionalism, and creative approach were key in getting the deals over the line. His balanced approach, focused on fairness to both sides, was refreshing, and I’d gladly work with DCG again.” 

“We invest in our clients’ success. That means having real-time market knowledge and the ability to identify not just any buyer, but the right buyer,” said Dave Cantin, CEO of DCG. “This deal demonstrates how DCG’s strategic outreach, industry partnerships, and diplomatic communication can improve both deal certainty and value.” 

Dave Cantin Group represented Jerry Seiner Dealerships in this transaction.

I want to express my respect and appreciation to Alex Covino and the Dave Cantin Group for their support on the closing of the transaction between Hello Auto Group and the Jerry Seiner Group.

We just concluded our sale of Hello Subaru of Valencia, and found Alex to be responsive, professional, knowledgeable and creative in his approach.

Although Alex represented the buyer in this transaction, his balanced focus on being equitable to both sides of the transaction was refreshing.

I would gladly work with Alex again and recommend the Dave Cantin Group.

Karl Schmidt

President, Hello Auto Group

About Dave Cantin Group

Dave Cantin Group is a leading automotive M&A advisory firm specializing in acquisitions, divestitures, platform management, business evaluations, and other corporate development services. The new retail reality requires automotive dealers to seek DCG’s collective best thinking, deep experience and extensive industry relationships to effectively leverage M&A as a core business strategy.

Clients choose DCG because we are a trusted advisor focusing on long-term relationships, investing in data and research, and engaging our entire team on every client project. Clients benefit from our industry-leading market intelligence – our Market Outlook Report – and JumpIQ, our proprietary AI-enabled platform delivering unprecedented visibility into automotive retail.

Our nonprofit initiative, DCG Giving, funds child and adolescent cancer research and treatment across the United States and supports other charitable causes important to the automotive retail community. To learn more, visit davecantingroup.com.

Deal Summary
seller Hello Subaru of Valencia
buyer Jerry Seiner Dealerships
date March 2026
location Valencia, CA
brand Subaru
advisors Dave Cantin
Brian Traugott
Brian Gordon
Tony Karabon
Alex Covino
sector Automotive
client goal Acquisition
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