Dennis & Co. Auto Team, with the buy of a Chevrolet-Cadillac store in New York in February, has added 6 dealerships to its portfolio considering that mid-2021.
Dennis & Co. of West Nyack, N.Y., on Feb. 8 acquired Barton Chevrolet-Cadillac in Newburgh, N.Y., from Rob Barton. The dealership — which just prior to the sale experienced settled a lawsuit with a former employee — was renamed Unity Chevrolet-Cadillac of Newburgh.
“This place and the addition of Chevrolet and Cadillac to our team is a perfect mix,” Brian Dennis, president of Dennis & Co. and chairman of the New York Point out Car Dealers Association, claimed in a statement.
The Chevrolet-Cadillac dealership transaction follows quite a few acquisitions in 2021 for the team Dennis owns.
On Dec. 17, Dennis & Co. acquired Alfa Romeo of Manhattan-Maserati of Manhattan and Chrysler-Dodge-Jeep-Ram-Fiat of Manhattan in New York from Jonathan Sobel. These dealership names remain the similar, Dennis claimed.
“We have extensive expertise with Stellantis with two retailers in the Bronx and had been fascinated in entering the Manhattan market with these makes,” Dennis wrote in an e-mail to Automotive Information.
In August, the enterprise obtained Buick-GMC of Mahwah in New Jersey from Tony Fernandez. That store name also continues to be unchanged.
In Might, the group bought Carmody Ford in Greenwich, N.Y., from John Carmody. That dealership was renamed Greenwich Ford. Dennis & Co. is increasing that store’s company office, introducing travel-via company lanes, and is producing a new entire body store.
Dennis & Co. also has expanded by new dealership open up factors. In June, it opened Volkswagen of Nanuet in New York right after being awarded the stage by the manufacturer. The 30,000-square-foot dealership features a double-stacked electric powered motor vehicle show.
With all the acquisitions, Dennis & Co. now has 10 franchised dealerships in New York and New Jersey symbolizing 14 brand names. It also has a utilized-motor vehicle dealership and two collision centers, according to its website.
“Our concentrate on client satisfaction and experience, as nicely as investing in instruction and generating possibilities for our staff, has, in switch, furnished us the prospect to accelerate our expansion,” Dennis said in a statement. “We glimpse ahead to applying our processes and digital technique at our a short while ago acquired destinations and aggressively pursuing long term dealerships in just our core markets.”
Lawyer Stevan LaBonte represented the consumer in the Manhattan dealership acquisitions, even though Joseph Bellavia of Protegrity Advisors represented the seller in the Chevrolet-Cadillac dealership transaction. Leonard Bellavia of the Bellavia Blatt legislation firm recommended the vendor in that sale, whilst LaBonte suggested the buyer.