Desjardins Automotive Group has recently purchased the four Honda dealerships in the Greater Montreal area that belonged to Samatas Group.
The transaction, which was overseen by François McDonald’s team at DSMA, includes the Excel Honda dealership in Montreal, Encore Honda in Châteauguay, St-Constant Honda in Saint-Constant, and Vaudreuil Honda, Vaudreuil-Dorion. The agreement also includes Excel Moto dealership in Montreal, as well as an S&H Leasing office in Montreal.
“The four Honda dealerships alone represent annual sales of over 3,000 new and 1,600 pre-owned vehicles,” says DSMA associate François McDonald. The Samatas family sells its dealerships, but remains involved in the day-to-day operations.
“The sale of a family business is never easy but Francois made the process as seamless as possible. He
was supportive and worked diligently on our behalf to ﬁnd a buyer that best ﬁt our situation. He went above and beyond the role of a broker with his excellent communication between the purchaser and us.”
Excerpt of the testimonial from Group Samatas