Today we talk about the true nature of value.
Dave reflects on DCG Acquisitions’s recent announcement that, in 2021, the firm closed over $1B in total M&A transactions. (Read more in Business Wire.) But they didn’t do so by gunning for the billion dollar mark. Instead, the team was focused on more essential elements of value.
Later in the episode, Dave talks about the long game of automotive acquisitions, explaining why a dealership purchase is not about immediate ROI. It’s at least a 5-7 year return, and in the long run, it’s a family asset, multiplying returns 5x or 10x over the course of generations.
Episode Highlights:
Episode Quote:
“The automotive industry is not about ‘What am I gonna make this year and cash our next year?’ . . . The returns are impeccable, but this is about playing the long game.”
— Dave Cantin
|| Transactions is a DCG Media production