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Seller
Downs Ford
Buyer
Celebrity Motor Car Company

Downs Ford

Based in New Jersey and New York, Celebrity Motor Cars brands include Lexus of Route 10, Maserati of Morris County, Alfa Romeo of Morris County, Maserati of Bergen County, BMW of Springfield and Mercedes Benz of Goldens Bridge. Dave Cantin of Dave Cantin Group represented both buyer and seller.

Working with Dave Cantin and Drew Picon has been an absolute pleasure. They worked with us to find the perfect buyer and made this transition as smooth as possible. Dave was always accessible to answer any questions and guided us through the process. Outstanding job!

Melissa Longo

Downs Ford

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 Downs Ford
buyer Celebrity Motor Car Company
date May 2023
location Toms River, NJ
brand Ford
advisors Dave Cantin
Brian Traugott
Brian Gordon
Tony Karabon
Stephen Jones
sector Automotive
client goal Divestiture