George Albrecht, Sr. serves as Chairman and George Albrecht, Jr. as President & CEO of Albrecht Auto Group, based in Woburn, Massachusetts. With seven new car dealerships and one pre-owned dealership in Massachusetts and New Hampshire, the group carries renowned brands like Toyota, Infiniti, and Nissan. They strategically expanded their portfolio by acquiring their first CDJR dealership in Metro West of Boston near Worcester, MA. Steve Sewell, President of Westboro CDJR, recently completed a stand-alone Jeep facility and will focus on retaining his KIA dealership on Cape Cod as part of his legacy strategy. The transaction was facilitated by Woody Woodward of Dave Cantin Group, representing both buyer and seller.
ACQUISITION HIGHLIGHTS
I’ve done a few buy/sells throughout my career on my own. Then I met Woody, he found me the perfect local buyer, I was looking for a fast transaction. Being a major metro complex store, Woody’s Expertise, Experience and New Found Friendship got me through my deal. I could not possibly have done it on my own, thank you to Woody for being attached to my hip and giving me guidance all the way through. I am forever grateful.
I’ve done a few buy/sells throughout my career on my own. Then I met Woody, he found me the perfect local buyer, I was looking for a fast transaction. Being a major metro complex store, Woody’s Expertise, Experience and New Found Friendship got me through my deal. I could not possibly have done it on my own, thank you to Woody for being attached to my hip and giving me guidance all the way through. I am forever grateful.
Steve Sewell President, Westboro CDJR
As an owner and operator, attention to detail and positive results are important with automotive transactions. Woody was there every step of the way to guide the process to completion. He was professional from start to finish, and instrumental in reaching a great result for us.
As an owner and operator, attention to detail and positive results are important with automotive transactions. Woody was there every step of the way to guide the process to completion. He was professional from start to finish, and instrumental in reaching a great result for us.
George Albrecht President & CEO of Woburn, Massachusetts-based Albrecht Auto Group
Deal Summary
- DEAL TYPE Non-luxury
- SELLER(S) Westboro CDJR
- BUYER(S) Albrecht Auto Group
- DEAL LOCATION MA
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