DEALERSHIP BUY/SELL

These are #1 Cochran’s first dealerships in Ohio.

The transaction included a collision center in Bowmansville. 

Drew Picon, managing director of DCG Acquisitions, a Dave Cantin Group company, represented the parties in the transaction.

The acquisition included a wholesale parts distribution business. Mike Toth of Haig Partners, a buy-sell firm in Fort Lauderdale, Fla., represented the seller in the transaction. 

The transaction included a used-vehicle store, also in Danbury.

Kerrigan Advisors represented the seller in the transaction.

Presidio Group represented the seller in the transaction. Swickard Auto is to buy three additional stores from the sellers in the first quarter of 2023.

Kerrigan Advisers represented Lasher Auto in the sale. Stephen Dietrich, Sarah Seeding and Karl Lott of Holland & Knight were legal counsel to the seller. David Meyer, Gus Paras and Hen Amir were legal counsel to the buyer.

The dealership also sells Bentley, Lotus, Karma, Morgan, Rimac, Pininfarina and SSC vehicles. Pinnacle Mergers & Acquisitions represented Lithia in the transaction.

Moreland Auto is owned by Doug Moreland and partners. Moreland said his partners are Alex Jannicelli at City Auto Plaza, Carl Ventsam at the Acura store and Colorado Springs Dodge, his son, Brandon Moreland, and family at Brandon Dodge, and James Jannicelli at Colorado Springs Dodge and the Acura dealership. AutoNation said the acquisition was expected to add $320 million in annual revenue. W.G. Nielsen & Co. was a financial adviser to Moreland Auto in the transaction. 

Cano is president and operating partner of the store.

Presidio Group represented the sellers in the transaction. Richard Rasmussen with the Lagerlof law firm provided legal counsel to the seller and J. Gregory Humphries with Shutts & Bowen law firm assisted the buyer.  

Jason Stopnitzky of Performance Brokerage Services brokered the transaction.

Jason Stopnitzky of Performance Brokerage Services brokered the transaction.

Drew Picon of DCG Acquisitions, a Dave Cantin Group company, handled the transaction.

Bob Morris of Tim Lamb Group represented the seller.

George Pero of DCG Acquisitions handled the transaction.

This is McGovern’s first Kia dealership. Nancy Phillips Associates represented the seller in the transaction.

The other old dealership names included in the sale are: Brown’s Dulles Nissan, Brown’s Fairfax Mazda, Brown’s Fairfax Nissan, Brown’s Leesburg Hyundai, Brown’s Manassas Hyundai, Brown’s Manassas Kia, Brown’s Manassas Subaru, Brown’s Chrysler-Dodge-Jeep-Ram in Sterling, Brown’s Richmond Volkswagen, Virginia Auto Outlet, a used-vehicle dealership in Amherst, all in Virginia. 

The other new names are: Safford Brown Mazda Fairfax, Safford Brown Nissan Fairfax, Safford Brown Hyundai Leesburg, Safford Brown Hyundai Manassas, Safford Brown Kia Manassas, Safford Brown Subaru Manassas, Safford Brown Chrysler-Dodge-Jeep-Ram, Safford Brown Volkswagen Richmond and Virginia Auto Outlet.

James Mitchell and Erin Rice of Cushman & Wakefield Dealership Capital Services advised the seller.

The transaction also included a collision center.

The Buick brand will cease operations at the store in up to 120 days, under a termination agreement with General Motors.

This is Serra’s first Lexus dealership. Kerrigan Advisors represented the sellers in the transaction.

These are Germain Automotive Partnership’s first dealerships in Michigan. Kerrigan Advisors represented the sellers in the transaction.

Drew Picon of DCG Acquisitions, a Dave Cantin Group company, said he represented both buyer and seller in the transaction. Peter Bauer of Peter Bauer Dealer Law counseled the seller in the deal, while Johnnie Brown of Pullin, Fowler, Flanagan, Brown & Poe worked with the buyer. 

Andy Gill of Gill Automotive Group represented the seller in the transaction.

Bob Morris of Tim Lamb Group represented the seller.

This is #1 Cochran’s first Honda dealership.

These are McGovern’s first Jaguar-Land Rover and Volvo dealerships. Nate Klebacha of Haig Partners represented Kahn in the transaction, while Robert Bass of Bass Sox Mercer was legal counsel to the seller.

This is the first Wisconsin dealership for Bachrodt. The transaction was facilitated by Paul Kechnie and Mark Shackelford of Performance Brokerage Services. 

BofA Securities brokered the transaction.

The transaction also included a collision center and Quick Lane facility. Kevin Nill of Haig Partners represented the seller. Charles Ringer and Robert Poklar of the Weston Hurd law firm counseled the Waikem family in the transaction. 

Wes Hamilton of Pinnacle Mergers & Acquisitions represented the sellers.

Robert Turbyfill and Mike Lacey, managing directors at DCG Acquisitions, a Dave Cantin Group company, facilitated the transaction. 

Ozog Consulting Group represented Lithia in the transaction.

Rob Lee of Tim Lamb Group represented the seller in the transaction. 

Nancy Phillips Associates brokered the transaction. 

Nancy Phillips Associates brokered the transaction.

Hicks Management & Consulting Group represented the buyer and seller in the transaction.

Robert Turbyfill and Michael Lacey of DCG Acquisitions, a Dave Cantin Group company, facilitated the sale.

Velasquez is owner and dealer principal of Koncept Automotive Group. Her husband, Ryan Martin, is general manager for the group. Drew Bray and Chris Teape of National Business Brokers worked with both parties in the transaction. 

Nancy Phillips Associates represented the seller in the transaction.

Ozog Consulting Group represented the seller in the transaction.

Haig Partners represented the seller in the transaction. Eric Pridgen of the Underwood & Roberts law firm and Thurston Debnam of Smith Debnam Narron Drake Saintsing & Myers assisted Wheeler in the deal, while Michael Charapp of the Mahdavi Bacon Halfhill & Young firm assisted Miller.

George Chaconas of Performance Brokerage Services facilitated the transaction. J. Gregory Humphries, an Orlando partner with the Shutts & Bowen law firm, represented Sutherlin, while Logan Parker of Bass Sox Mercer in Tallahassee, Fla., represented Duff.

Ozog Consulting Group represented the seller in the transaction.

Maria Velasquez is owner of Koncept Automotive Group. Her husband, Ryan Martin, is general manager. The transaction also included the former Chariton Ford in Iowa, which is now a used-only vehicle sales and service location. Mike Scieszinski stayed on to work at the Iowa dealerships.

Bob Morris of Tim Lamb Group represented the seller in the transaction.

This is Ken Ganley Cos.’ first dealership in West Virginia.

George Chaconas, the Southeast partner of Performance Brokerage Services, facilitated the transaction. Stephen Dietrich of the Holland & Knight law firm and Phil Villegas of Axiom Advisors represented Tovar, while Jimmy Duckworth of the Duckworth Law Firm worked with Carlock Automotive. 

This is the first BMW dealership for DARCARS. 

This is LaFontaine’s first dealership in West Michigan.

Mike Sims of Pinnacle Mergers & Acquisitions represented the seller.

Elway, Pierce, Grubb and Gagnet collectively retained 10 percent of the dealership while Gagnet is staying on as the store’s general manager. Haig Partners represented the sellers in the transaction. James Barone of Ferruzzo and Ferruzzo was legal counsel to the seller, while Michael Fletcher of Tonkon Torp advised the buyer. 

Moshe Stopnitzky and Jason Stopnitzky of Performance Brokerage Services handled the transaction.

Gershon Rosenzweig and Matt Wilkins of the Northeast region of Performance Brokerage Services facilitated the transaction.

Stevan LaBonte of LaBonte Law Group represented Dennis & Co. in the sale, while Willie Beck of Bel Air Partners, represented Moreno.

John and Johnny Mecham, Rocky Mountain partners for Performance Brokerage Services, facilitated the transaction. 

DCG Acquisitions, a Dave Cantin Group company, facilitated the transaction. 

The transaction also included a fleet operations center in East Hanover, N.J. Stuart Lasser of Lasser Advisory Services said he represented the seller in the transaction but worked closely with both parties. 

Tim Wild of Tim Lamb Group represented the buyer in the transaction but said he worked with both parties.

Bel Air Partners was financial adviser to the sellers.

Kevin Nill of Haig Partners represented the buyer in the transaction. Tony Karabon of DCG Acquisitions, a Dave Cantin Group company, represented the seller.

Will Mulcahy is managing partner of the dealership. Hal Feder of Murphy Business & Financial Corp. represented the seller in the transaction, while Jennifer Rafael of Dealer Solutions Mergers and Acquisitions represented the buyer.