This latest acquisition brings the total transaction value managed by Dave Cantin Group for Ed Morse Automotive Group to $267 million.
ACQUISITION HIGHLIGHTS
Working with the Dave Cantin Group was a very professional and efficient experience. Our goal was to find a dealership platform that would meet our financial goals but just as importantly fit into our growth strategy. With DCG’s help, we achieved both objectives.
There were many moving parts along the way, and it is a complicated process moving through the due diligence and legal issues. The infrastructure your company provided was superlative with each of the DCG team members being highly skilled, knowledgeable, and effective. The intricate process was navigated in a way that allowed us to successfully conclude the process and complete the purchase of Lawley Motors.
On a personal level Robert TURBYFILL and Alex Covino acted as advisors with both the Buyer’s and Seller’s best interest in mind.
We appreciate all you have helped us achieve.
Working with the Dave Cantin Group was a very professional and efficient experience. Our goal was to find a dealership platform that would meet our financial goals but just as importantly fit into our growth strategy. With DCG’s help, we achieved both objectives.
There were many moving parts along the way, and it is a complicated process moving through the due diligence and legal issues. The infrastructure your company provided was superlative with each of the DCG team members being highly skilled, knowledgeable, and effective. The intricate process was navigated in a way that allowed us to successfully conclude the process and complete the purchase of Lawley Motors.
On a personal level Robert TURBYFILL and Alex Covino acted as advisors with both the Buyer’s and Seller’s best interest in mind.
We appreciate all you have helped us achieve.
Randy Hoffman COO, Ed Morse Automotive
When Alex first approached me about the possibility of selling my dealership group, I was hesitant to talk to him because I didn’t think I was ready to sell the stores yet.
After several conversations, Alex asked if he could give me a proposal based on our financials from the last few years. I explained to Alex that if I were to sell, I would only do so to a group that would keep my current employees at the dealerships. This was a pretty tall order because most larger groups want to put in their own General Managers, CFO, controller, etc. After a couple of months, Alex brought me the perfect fit for my dealership group and an offer that sped up my retirement plans.
We have 11 new car franchises, a used car lot, and 8 locations. Alex helped me navigate through the process the entire way. His expertise, professionalism, and patience made the entire transaction easy. Alex would pick up the phone even on weekends, holidays, or after hours. When he told me he was “committed” to getting this deal done, he really meant it.
It is my pleasure to recommend Alex Covino from the Dave Cantin Group!
When Alex first approached me about the possibility of selling my dealership group, I was hesitant to talk to him because I didn’t think I was ready to sell the stores yet.
After several conversations, Alex asked if he could give me a proposal based on our financials from the last few years. I explained to Alex that if I were to sell, I would only do so to a group that would keep my current employees at the dealerships. This was a pretty tall order because most larger groups want to put in their own General Managers, CFO, controller, etc. After a couple of months, Alex brought me the perfect fit for my dealership group and an offer that sped up my retirement plans.
We have 11 new car franchises, a used car lot, and 8 locations. Alex helped me navigate through the process the entire way. His expertise, professionalism, and patience made the entire transaction easy. Alex would pick up the phone even on weekends, holidays, or after hours. When he told me he was “committed” to getting this deal done, he really meant it.
It is my pleasure to recommend Alex Covino from the Dave Cantin Group!
W. Sean Lawley Lawley Automotive Group
Deal Summary
- DEAL TYPE Group
- SELLER(S) Lawley Automotive Group
- BUYER(S) Ed Morse Automotive Group
- DEAL LOCATION Arizona
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