DCG Closes on Lithia Honda of Abilene
New York, NY – April 5, 2022 – DCG announced the successful completion of Lithia Honda of Abilene to Varela Group Texas, now All Star Honda. DCG represented both parties. Varela Group Texas was established in 1994 in Palestine, Texas and now operates five new car dealerships, as well as farm and recreational vehicle dealership.
It began with All Star Ford Mercury and 28 employees, and today has grown to over 100 employees and five companies. 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. Tony Karabon of the Central Region facilitated the transaction.
Lithia Motors’ success and growth rely heavily on those we choose to partner with, and DCG takes that responsibility as seriously as we do. DCG is a trusted partner to Lithia and has successfully represented our acquisition and divestiture needs across the country. The Dave Cantin Group are trusted advisors and true professionals that we look forward to relying on for years to come.
Bryan DeBoer
President & CEO, Lithia Motors Inc.
I have known Tony for many years. His professionalism and the way he does business are second to none; straight forward, clear and simple.
Tony puts you, the client first. He works with you, guiding you thru all the steps of the transaction, from the search to the closing.
I want to thank him and his company, Dave Cantin group for the help with my latest acquisition in Abilene Texas. I highly recommend Tony and the Dave Cantin group.
If you are in your search for a new car franchise dealership. Tony is your man!
Thank you Tony for your hard work and dedication and for making our acquisition so easy.
Fernando Varela
President, All Star Group Texas
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.
Brian Traugott
Brian Gordon
Tony Karabon
Stephen Jones