Carbone Buick GMC, New York

ACQUISITION HIGHLIGHTS

DCG ACQUISITIONS, A DAVE CANTIN GROUP COMPANY, CLOSES ON SELLING TWO LITHIA MOTORS DEALERSHIPS TO BRICKL CAPITAL

Latest DCG Closing Continues Company’s 2021 Record-Setting Rate in Securing Legacies

(New York, New York- October 29, 2021) DCG Acquisitions, a Dave Cantin Group Company, has closed on the acquisition of two Lithia Motors locations by Brickl Capital. The closing continues DCG’s pace-setting year in securing legacies. The two New York State dealerships will continue to be known as Carbone Chevrolet of Yorkville and Carbone Buick GMC of Utica.

Brickl Companies, led by Chairman and CEO Jason Brickl, features a varied portfolio including LeadCar, a just-launched group of franchised, new-car dealerships representing the Audi and Toyota Brands in Wisconsin, Minnesota and Missouri. Its acquisition of the Lithia dealerships marks the Brickl Companies’ expansion into New York. Jason Brickl is recognized as a savvy entrepreneur who creates and carefully oversees thriving businesses.

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.

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Lithia Motors’ success and growth rely heavily on those we choose to partner with, and DCG Acquisitions 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. Dave and team are trusted advisors and true professionals that we look forward to relying on for years to come. 

Bryan DeBoer President & CEO, Lithia Motors Inc.

DCG Acquisitions has been an outstanding partner on major transactions. The firm’s connections to key players in the industry are what make deals happen. In addition, Tony Karabon’s experience as General Counsel for multiple dealer groups means Tony knows the issues that matter most in negotiations. And Brian Brown’s knowledge of the OEM buy-sell approval process helps get deals to the finish line faster.

Jeremy T. Whitt Chief Legal Officer, LeadCar Systems, Inc.

Deal Summary

  • Date October 2021
  • SECTOR Automotive
  • SELLER(S) LITHIA MOTORS
  • BUYER(S) Leadcar
  • DEAL LOCATION NY

ADVISORS

Tony Karabon
Dave Cantin
Brian Gordon
Brian Traugott
Stephen Jones

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