Articles from Dave Cantin Group

NEW YORK, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Evidence is mounting that “peak truck” is a U.S. economic trend to watch in 2025 as American consumers struggle with vehicle affordability, according to the Dave Cantin Group Market Outlook Report.
By Dave Cantin Group · Via GlobeNewswire · February 13, 2025

NEW YORK, Jan. 30, 2025 (GLOBE NEWSWIRE) -- The Dave Cantin Group (DCG), a leading advisor to retail automotive groups and their owners, today announced its partnership with PGA Tour professional Quade Cummins, marking the company’s first venture into athlete sponsorship. Cummins, born into the automotive industry as the son of a dealership family, embodies the drive, preparation and determination that DCG champions in its mission to serve its retail automotive clients.
By Dave Cantin Group · Via GlobeNewswire · January 30, 2025

Brian Traugott Elevated to Chief of Staff, Executive Team Realigned for Growth
By Dave Cantin Group · Via GlobeNewswire · January 28, 2025

Top findings in DCG’s leading semiannual report, produced in partnership with Kaiser Associates, include:
By Dave Cantin Group · Via GlobeNewswire · January 23, 2025

Leading automotive experts to drive the company’s next phase of growth
By Dave Cantin Group · Via GlobeNewswire · January 9, 2025

Jump IQ redefines how auto dealerships in the U.S. are valued.
By Dave Cantin Group · Via GlobeNewswire · December 13, 2024

DCG Brings Together the Industry’s Most Influential Guests to Its Private VIP Event
By Dave Cantin Group · Via GlobeNewswire · December 5, 2024

Business Units’ Move Signals DCG Focus on Advising the Top 500 Automotive Groups
By Dave Cantin Group · Via GlobeNewswire · September 16, 2024

This latest acquisition brings the total transaction value managed by Dave Cantin Group for Ed Morse Automotive Group to $267 million
By Dave Cantin Group · Via GlobeNewswire · September 6, 2024

NEW YORK, Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Dave Cantin Group (DCG), a leading advisor to retail automotive groups and their owners, announces Stivers Automotive’s successful purchase of a Ford dealership in Union City, Georgia, from AutoNation.
By Dave Cantin Group · Via GlobeNewswire · August 23, 2024

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The Dave Cantin Group (DCG), a mergers and acquisitions advisory company to retail automotive groups and their owners, announces that Edgar Castellanos and partners Open Road Capital have acquired the automotive dealerships EuroCar and Lotus of Orange County from Z NAFE.
By Dave Cantin Group · Via GlobeNewswire · August 8, 2024

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The Dave Cantin Group (DCG), a leading advisor to retail automotive groups and their owners, is partnering with CBT News, the leading multimedia news outlet for the automotive retail sector, to co-launch “Inside M&A.” The digitally native show brings viewers a conversation for the industry with a deeper look inside the world of auto retail mergers and acquisitions.
By Dave Cantin Group · Via GlobeNewswire · August 7, 2024

NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- A new mid-year update of the 2024 Market Outlook Report from the Dave Cantin Group and Kaiser Associates says electric vehicles are here to stay, your local dealer might not be, and the high average cost of new vehicles will force the next U.S. President, whoever it is, to figure out how to pave the way for lower-priced foreign vehicles, and EVs in particular, to enter the market.
By Dave Cantin Group · Via GlobeNewswire · July 30, 2024

NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- Using its new AI-powered data-mining software, retail automotive advisory firm Dave Cantin Group (DCG) can now provide accurate, reliable data-driven valuations for any new-car dealership in the United States, regardless of brand, location or direct input from the dealership.
By Dave Cantin Group · Via GlobeNewswire · May 20, 2024

NEW YORK, Jan. 31, 2024 (GLOBE NEWSWIRE) -- The U.S. auto industry looks ready to settle into a potentially sustainable post-Covid groove in 2024, according to the DCG Market Outlook Report (MOR) published today by the Dave Cantin Group in partnership with Kaiser Associates.
By Dave Cantin Group · Via GlobeNewswire · January 31, 2024

Campaign Supports Local Organizations Through the Children’s Oncology Group Network
By Dave Cantin Group · Via GlobeNewswire · November 28, 2023

Partnership will Set the Stage for DCG’s Industry, Geographic and Services Expansion
By Dave Cantin Group · Via GlobeNewswire · November 13, 2023

The Dave Cantin Group (DCG), one of the largest automotive industry financial advisory services companies specializing in buy/sell transactions, announced that DCG Acquisitions, one of the leading mergers and acquisitions firms, closed the transaction of Carson Toyota—largest Toyota dealership in Carson, California— to Fletcher Jones Automotive Group.
By Dave Cantin Group · Via Business Wire · February 27, 2023

The Dave Cantin Group (DCG), one of the largest automotive industry financial advisory services companies specializing in buy/sell transactions, announced today that its nonprofit partnership DCG Giving raised more than $250,000 at its first fundraising event of 2023. The dinner, headlined by legendary heavyweight champion Mike Tyson, took place at DCG’s exclusive, invitation-only VIP afterparty at the National Automobile Dealers Association (NADA) annual show in Dallas, at Del Frisco’s Double Eagle Steakhouse. The event auctioned off autographed boxing gloves by Mike Tyson.
By Dave Cantin Group · Via Business Wire · February 23, 2023

The Dave Cantin Group (DCG), one of the largest automotive industry financial advisory services companies specializing in buy/sell transactions, announced that DCG Acquisitions, one of the leading mergers and acquisitions firms, closed more than $1 billion in total acquisition value for the second consecutive year. This is up over 35% from its 2021 record-breaking year.
By Dave Cantin Group · Via Business Wire · January 24, 2023

DCG Acquisitions, a Dave Cantin Group company, one of the largest financial advisory services firms for mergers and acquisitions specializing in automotive buy/sell transactions, and the Rossmeyer family announced the sale of Bruce Rossmeyer's Daytona Harley-Davidson and Destination Daytona after being in business for 28 years, to Teddy Morse of the Ed Morse Automotive Group.
By Dave Cantin Group · Via Business Wire · November 16, 2022

Dave Cantin Group (DCG), one of the world’s largest automotive dealership M&A firms, announced it closed 19 acquisitions, with an average transaction value of $35 million, totaling more than $661 million in the first half of 2022, a 23% increase over the same period last year.
By Dave Cantin Group · Via Business Wire · July 12, 2022

DCG Acquisitions, a Dave Cantin Group Company, closed the transaction of Henderson Hyundai Superstore/Genesis to Lithia Motors Inc. This deal continues DCG’s record-breaking year in automotive dealership transactions. The Nevada state dealership will remain known as Henderson Hyundai Superstore, serving Henderson, Las Vegas, North Las Vegas, Enterprise and Paradise, Nevada. DCG represented both the seller Henderson Hyundai Superstore/Genesis and buyer Lithia Motors Inc. in this deal.
By Dave Cantin Group · Via Business Wire · June 28, 2022

Dave Cantin Group (DCG), one of the world’s largest and most prolific automotive M&A firms, announced strategic leadership appointments to support continuing M&A growth in the automotive industry.
By Dave Cantin Group · Via Business Wire · June 1, 2022

Dave Cantin Group (DCG) today announced the legal formation of DCG Giving Inc. – a new nonprofit which will channel charitable donations from the automotive industry to fund child and adolescent cancer research and treatment in communities nationwide. The brilliance of DCG Giving is that it connects the immense largesse of the automotive industry as well as other philanthropic organizations, foundations, and individuals with the effort to perform state-of-the-art research and treatment for children with cancer. The stated mission of DCG Giving is a commitment to 3 C’s: Children, Cancer and Community.
By Dave Cantin Group · Via Business Wire · February 24, 2022

The Dave Cantin Group (DCG), one of the world’s largest automotive dealership M&A firms, announced it closed more than $1 billion in total automotive dealership acquisitions and completed approximately 40 total transactions in 2021, for an astounding 40 percent increase in total acquisitions value.
By Dave Cantin Group · Via Business Wire · February 8, 2022

DCG Acquisitions, a Dave Cantin Group (DCG) company, today announced the successful completion of an acquisition by SuperStore Auto Group of Delray Auto Group’s three dealerships Delray Hyundai, Delray Genesis, and Delray Acura.
By Dave Cantin Group · Via Business Wire · January 24, 2022

DCG Acquisitions, a Dave Cantin Group (DCG) company, today announced the successful completion of an acquisition uniting two automotive group juggernauts.
By Dave Cantin Group · Via Business Wire · January 20, 2022