Dave Cantin Group Announces Biltmore Automotive Services' Acquisition of DCG's Capital and Ownership Accelerator Program Lines of Business [Yahoo! Finance]
NISSAN MOTOR LTD S/ADR (NSANY)
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Source: Yahoo! Finance
NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- The Dave Cantin Group, a leading mergers and acquisitions advisory company to retail automotive groups and their owners, today announced that Biltmore Automotive Services has acquired two of DCG's lines of business: DCG Capital and its innovative Ownership Accelerator Program (OAP). The parties began negotiating the deal during the 2024 National Association of Minority Automobile Dealers (NAMAD) conference. “Biltmore is combining the DCG divisions that cater to first-time dealership buyers with its own Path to Ownership program for first-time buyers as DCG further concentrates its focus on advising the nation's top 500 dealership groups on growth strategies, platform management, acquisitions and divestitures,” DCG President and CEO Dave Cantin said. “DCG Capital and OAP are important programs, and there's no better home for them going forward than Biltmore.” DCG and Biltmore have worked together to advise first-time auto dealers for mo
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