You deserve this honor, stated Henderson Hyundai’s owner and operator Frank Maione.
Lithia Motors’ acquisition of Henderson Hyundai Superstore/Genesis has completed, according to DCG Acquisitions, a Dave Cantin Group company.
(BUSINESS WIRE) NEW YORK
A Dave Cantin Group company, DCG Acquisitions, completed the sale of Henderson Hyundai Superstore/Genesis to Lithia Motors Inc. This agreement extends DCG’s record-breaking year for dealership transactions in the automotive industry. The Nevada state dealership, which serves Henderson, Las Vegas, North Las Vegas, Enterprise, and Paradise, will continue to be known as Henderson Hyundai Superstore. In this transaction, DCG represented both the seller Henderson Hyundai Superstore/Genesis and the purchaser Lithia Motors Inc.
Frank Maione sold the Henderson Hyundai Superstore/Genesis to Lithia Motors, one of the biggest automakers in the nation. With the completion of this most recent sale, Lithia Motors now owns two Genesis and four Hyundai dealerships in Las Vegas, Nevada, all of which were arranged through DCG Acquisitions.
“This most recent transaction, which we facilitated on behalf of Lithia Motors and Henderson Hyundai Superstore/Genesis, is a prime illustration of how such purchases may expand the scale for automotive organizations in cutthroat regions like Nevada. We pledge to match qualified buyers and motivated sellers in every transaction, going above and beyond to manage everything from appraisal to future growth “says George Pero, national vice president of sales for DCG Acquisitions.
“Success and expansion for Lithia Motors strongly depend on the partners we select, and DCG Acquisitions takes that duty as seriously as we do. Lithia trusts DCG as a partner, and they have effectively handled our acquisition and divestment needs across the nation “the President & CEO of Lithia Motors, Bryan DeBoer, said. “We look forward to counting on Dave and crew for years to come. They are reliable advisors and great professionals.”
According to Frank Maione, owner and president of Henderson Hyundai Superstore, “Dave Cantin, George Pero, and the DCG Acquisitions team conducted a flawless transaction between Lithia Motors and Henderson Hyundai Superstore/Genesis of Henderson.”
Gaining Henderson Hyundai, Lithia Motors commends DCG, saying that “growth depends greatly on people we select to collaborate with.”
Henderson Hyundai Superstore/Genesis was recently acknowledged by Bryan DeBoer, president and CEO of Lithia Motors Inc.
According to a Business Wire press release this week, the acquisition, which was arranged by DCG Acquisitions, continues a record-breaking year for the broker in terms of automotive dealership transactions.
Customers from Henderson, Las Vegas, North Las Vegas, Enterprise, and Paradise, Nevada will be served by the dealership, which will continue to operate under the name Henderson Hyundai Superstore.
According to DeBoer in the press release, “Lithia Motors’ success and growth strongly depend on those we choose to work with, and DCG Acquisitions takes that responsibility as seriously as we do.” “Lithia’s valued partner DCG has effectively handled all of our national acquisition and divestment needs. We anticipate relying on Dave and his team for many years to come because they are reliable consultants and true professionals.”
The transaction’s outcomes satisfied George Pero, national vice president of sales for DCG Acquisitions.
According to the press release, “this most recent transaction we facilitated on behalf of Henderson Hyundai Superstore/Genesis and Lithia Motors is a perfect illustration of how such purchases may improve the scale for automotive organizations in competitive locations like Nevada.” “With every sale, we pledge to pair eligible buyers with eager sellers and to handle every part of the transaction, from valuation to long-term growth.”
According to the press statement, Henderson Hyundai Superstore’s owner and president, Frank Maione, stated the acquisition went smoothly.
DCG Acquisitions, a New York City-based company founded in 2018, claimed to have represented both the buyer and seller in the deal.
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