Dave Cantin Group Closes 19 Automotive Dealership Acquisitions Totalling $661M in H1 2022

Gee Automotive Companies Acquires Dick's Auto Group

January 20, 2022

Automotive

Gee Automotive Companies has acquired Dick's Auto Group, including Dick's Hillsboro Chevrolet, Dick's Country CDJR and Dick's Mackenzie Ford. The deal, advised by DCG Acquisitions (Dave Cantin Group), expands Gee's presence in the Portland/Hillsboro market and continues its regional growth across the Pacific Northwest.

Kaltroco Makes Minority Investment in Dave Cantin Group

November 13, 2023

Professional Services

Kaltroco, a private investment company backed by the family of Steve Koltes, has made a minority growth investment in The Dave Cantin Group (DCG), a New York–based M&A advisory firm focused on automotive retail and related sectors. The capital will support DCG's expansion into adjacent verticals (motorcycle, RV, powersports, heavy truck), broader geographic coverage, and new advisory service offerings; financial terms were not disclosed.

America's Group Acquires DAA Las Vegas

June 20, 2023

Automotive

America's Group, a nationwide vehicle auction and remarketing company based in Carmel, Indiana, has acquired DAA Las Vegas, a full-service vehicle auction facility. The acquisition expands America's Group's national footprint and adds a 17-acre Las Vegas auction site with reconditioning and mechanical services to its network.

Group 1 Automotive Acquires Two Denton, Texas Dealerships

October 4, 2021

Automotive

Group 1 Automotive, Inc. announced the acquisition of Classic Chrysler Dodge Jeep Ram of Denton and Classic Mazda of Denton, expanding its presence in the Dallas–Fort Worth market. The two stores are expected to generate approximately $150 million in annualized revenues and increase Group 1's footprint in the region.

Group 1 Automotive Acquires Three Luxury Brand Dealerships in Florida and Texas

May 19, 2025

Automotive

Group 1 Automotive, Inc. acquired three luxury-brand dealerships — a Lexus and an Acura dealership in Fort Myers, Florida, and Mercedes‑Benz of South Austin in Texas — expanding its footprint in key cluster markets. The three dealerships are expected to generate approximately $330 million in combined annual revenues and will complement Group 1's existing luxury portfolio.

Cars Commerce (Cars.com Inc.) Acquires DealerClub

January 23, 2025

Automotive

Cars Commerce (d/b/a Cars.com) acquired DealerClub, a dealer-to-dealer digital wholesale auction, for approximately $25 million in cash with up to $88 million of additional performance-based consideration. The deal, which closed January 23, 2025, expands Cars Commerce’s Trade & Appraisal strategy by adding transactional wholesale capabilities and access to a dealer-facing marketplace serving 650+ dealer customers.