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Seller
Action Hyundai
Buyer
Greg Munoz & Sal Iannuzzi

Action Hyundai of Millville

Action Hyundai, previously owned by Leonard Datello, was acquired by Greg Munoz and Sal Iannuzzi. The dealership will become Vineland Hyundai. Vineland Hyundai is the first Hyundai dealership owned by Munoz and Iannuzzi. It is the third dealership under their ownership and an important step in their plans for future growth.

Completing the sale of my dealership with the help of DCG was quick and easy! DCG was instrumental in advising both the buyer and myself in every step of the process and what needed to be done in order to move the transaction to closing as efficiently as possible. I’d recommend DCG to support anyone thinking of undertaking selling your dealership.

Leonard Datello

Owner, Action Hyundai of Millville

Working with DCG was a pleasure. They kept me informed and advised me throughout the transaction. With their help keeping us on track throughout the process, the transaction went quickly and easily. DCG kept everything completely professional and confidential and I trusted them every step of the way. I am looking forward to completing more deals with DCG very soon!

Greg Munoz

Owner, Vineland Hyundai

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 Action Hyundai of Millville
buyer Greg Munoz & Sal Iannuzzi
date October 2023
location Millville, NJ
brand Hyundai
advisors Dave Cantin
Brian Traugott
Brian Gordon
Tony Karabon
Stephen Jones
sector Automotive
client goal Divestiture