Skip to main content

Dave Cantin Group Facilitates Two California Dealership Transactions in One Week Amid Acceleration in Automotive M&A Activity

Written by Customer Service on . Posted in Mergers And Acquisitions.

DCG sees significant momentum building for Q3/Q4 deal closings

NEW YORK, June 27, 2025 (GLOBE NEWSWIRE) — The  Dave Cantin Group (DCG), a leading mergers and acquisitions advisory company to retail automotive groups and their owners, today announced the successful closings of two California dealership transactions in a one-week period in June, a sign of growing momentum in the 2025 automotive buy/sell market and interest in California.

DCG’s recent transactions include the sale of Audi West Covina and the strategic divestiture of Subaru of Hayward (formerly One Subaru). DCG’s experienced advisors facilitated the transactions, highlighting the company’s regional expertise, national reach, deep market insights and strategic advisory approach.

“California is seeing an uptick of interest from the industry and there’s some pending legislation which will make the state much more attractive,” Dave Cantin Group CEO Dave Cantin said. “Each of these California closings required navigating different dynamics, from OEM right-of-first-refusal provisions to complex family partnerships and strategic divestitures. Our team’s ability to deliver trusted counsel and smart strategy is what helps us continue to drive meaningful outcomes for our clients.”

Deal Highlights

Audi West Covina

  • Location: West Covina, California
  • Seller: Envision Motors
  • Buyer: Victor Oh, Grace Motorcars
  • Closing Date: June 10, 2025
  • DCG Representation: Anthony Holbrook (Managing Director) and Mike Lacey (Managing Director)
    This transaction marks the third divestiture DCG has supported for Envision Motors as it aligns its portfolio to focus on long-term strategic growth. Despite headwinds in the import luxury segment, DCG facilitated a successful closing by leveraging deep buyer networks and proven transaction management.

Subaru of Hayward (formerly One Subaru)

  • Location: Hayward, California
  • Seller: Brian and Devin McCafferty
  • Buyer: Uwe and Chris Waizenegger, Mercedes-Benz of Pleasanton
  • Closing Date: June 16, 2025
  • DCG Representation: Alex Covino (Managing Director)
    DCG managed this transaction, helping the seller strategically divest while supporting the buyers in acquiring a high-potential open point in a prime Bay Area market. The rebranding of Subaru of Hayward reflects a new chapter for the store under experienced new ownership.

Subaru of Hayward closing

L to R: Tony Karabon, Executive Vice President, Dave Cantin Group; new owner Chris Waizenegger; previous owner Devin McCafferty; and Alex Covino, Managing Director, Dave Cantin Group

About Dave Cantin Group

The Dave Cantin Group is a leading automotive M&A advisory company specializing in acquisitions, divestitures, intelligence, and other advisory services. The company is the M&A services provider of choice for North America’s top automotive dealership groups, advising on approximately 40 transactions annually. DCG is differentiated by its advisory approach, long-term lens on client relationships, and commitment to market intelligence tools that inform DCG and client strategies. In 2023, DCG became the only retail automotive M&A company with a significant strategic investor, welcoming Kaltroco to the DCG family.

Through its M&A intelligence division, DCG produces automotive content and delivers relevant, timely marketing intelligence, including the automotive industry Market Outlook Report (MOR). Together with CBT News, DCG produces the Inside M&A studio show and podcast to share stories, news and trends impacting the retail automotive industry. DCG’s proprietary AI-enabled software, Jump IQ, anchors its advisory services that support retail automotive dealers in developing informed M&A strategies and making smarter M&A decisions.

The company’s nonprofit initiative, DCG Giving, funds child and adolescent cancer research and treatment in communities nationwide and other worthy charitable initiatives. DCG team members regularly feature on the industry speaking circuit and are often cited by top national and global news outlets. For more information, please visit davecantingroup.com.

Media Contact:
Katie Merx
katiemerx@gmail.com
+1 313.510.5090

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a7ba9a68-2afd-4977-ad0a-0b538deaf155

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.