TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

Dave Cantin Group Announces Sale of Midwestern Auto Group to Jeff Wyler Automotive Family; Ferrari and Lamborghini Among 14 Franchises in Historic $500 Million in Total Acquisition Value Transaction

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Dave Cantin Group
Dave Cantin Group Announces Sale of Midwestern Auto Group to Jeff Wyler Automotive Family; Ferrari and Lamborghini Among 14 Franchises in Historic $500 Million in Total Acquisition Value Transaction

Jeff Wyler Automotive Family has acquired Midwestern Auto Group in a $500 million deal covering 14 premium and luxury automotive franchises including Ferrari, Lamborghini, Rolls-Royce, and Bentley. The transaction, facilitated by Dave Cantin Group as sell-side advisor, represents one of the largest luxury automotive acquisitions in U.S. history and the largest in Ohio. The acquisition expands Wyler's portfolio to 64 total franchises across the region while keeping the business privately held and Ohio-based.

Insights
GS   positive

Provided private wealth management services for the transaction and CEO David Solomon expressed commitment to continued partnership with Dave Cantin Group, indicating successful engagement and relationship strengthening.