NEW YORK, June 01, 2022–(Enterprise WIRE)–Dave Cantin Team (DCG), one particular of the world’s biggest and most prolific automotive M&A corporations, declared strategic leadership appointments to help continuing M&A advancement in the automotive field.
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Brian Brown, George Pero, and Brian Traugott of DCG (Image: Business enterprise Wire)
Brian Brown has been appointed President of DCG Acquisitions, the principal M&A arm of DCG keeping organization. Brown has been with DCG considering that 2015 and has in excess of 30 years of experience in the Automotive market. Prior to signing up for DCG he spent 25 decades functioning for Normal Motors in field, regional and company capacities, and 3 years main a massive private fairness organization in the growth and execution of an automotive technique that established the organization as a prime-10 privately held automotive enterprise in the United States with around $3.2 billion in annualized revenues and 70 dealerships.
George Pero has approved the position of Nationwide Vice President of Profits for DCG. Pero has a effective monitor file of 29 several years in the automotive sector with over 20 decades specializing in remarketing and wholesale operations, including launching a profitable on the internet auction web page. Acquiring experience on executing for both equally sides of the acquisition procedure, he delivers a wealth of know-how and working experience in the M&A entire world with a eager sense of the due diligence method during negotiations for the two seller and buyer.
Brian Traugott has been appointed Countrywide Vice President of Functions for DCG. Prior to DCG, Traugott was with Basic Motors, where he labored with the supplier community to travel sales and system advancement and excelled in their income development program before taking care of big metro marketplaces on equally coasts, as nicely as generating contributions on the corporate facet. Traugott has a uniquely well balanced viewpoint on automotive obtain/promote transactions having led GM’s Northeast region’s activation and termination system from wind-down to start off-up of the outlets.
2021 was a file calendar year for DCG, with the agency closing a lot more than 40 specials, and Founder and Govt Chairman Dave Cantin claims the momentum will continue in the course of 2022 and past. “Source chain difficulties, interest rates, and the public’s fascination with the rising EV industry have all experienced an impact on the automotive sector,” claims Cantin. “The cumulative outcome has been that huge dealers have an excessive of income to make investments, and it is enabling them to grow in methods they haven’t previously regarded as.”
“The improvements to our DCG management construction are directly designed to assist DCG properly aid dealers as they make these key decisions – influencing their legacies as properly as their communities – during significant monetary transitions.” Cantin claims. “Due to the fact of our twin agent design, we’re equipped to regularly yield higher closing ratios, simplifying the method for owners who are ready to possibly transition into or out of the organization.”
DCG’s closure fee for 2021 was 90%, and the company has represented dealerships in all 50 states.
DCG is one particular of the world’s major and most effective automotive M&A corporations. Headquartered in New York, DCG as a holding business is composed of 4 subsidiaries which help the firm’s mission to build, increase, increase, and safe clients’ legacies in the automotive field: DCG Acquisitions (mergers and acquisitions) DCG Capital (capital-concentrated services) DCG Media (automotive-distinct intelligence and facts) and DCG Providing (nonprofit that aims to eradicate kid and adolescent cancer by analysis and procedure). www.davecantingroup.com
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