DCG Completes Strategic Open Point Subaru Deal in Bay Area Market
Dave Cantin Group is proud to have successfully managed the sale of One Subaru in Hayward, California, a strategic divestiture for the seller. DCG Managing Director Alex Covino led this transaction.
DCG managed both sides of this transaction, helping the seller strategically divest while supporting the buyer in acquiring a high-potential open point in a prime Bay Area market. The rebranding to Subaru of Hayward reflects a new chapter for the store under experienced new ownership.
In October, Alex approached me with a buy-sale opportunity in the Bay Area. Alex took the time to explain how different buyer types have different methods of evaluating worth. I talk with brokers routinely, and none of them carried themselves with the same professionalism and human element that Alex did. When I recognized this in Alex, I knew I had to explore what he could offer.
By December, we decided to bring the point to market. Alex created a competitive market for our point, and by February, we had a buyer.
Because of Alex’s pure intentions, transparent communication and overall understanding of the markets, we were able to exit at a value with which we are extremely satisfied. Zero drama and a relatively painlessness process. Thank you, Alex and DCG.
Devin McCafferty
Co-owner, One Subaru of Haywood
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
Alex Covino
