Heritage Capital Group Advises Center Subaru on Acquisition
News provided by
Share this article
Share this article
JACKSONVILLE, Fla., April 28, 2021 /PRNewswire/ Center Subaru, a full-service Subaru dealer located in Torrington, CT, has been acquired by GMST, LLC (Gengras Motors), a third-generation auto dealership owner group in Connecticut and Massachusetts. Heritage Capital Group, an investment banking and financial advisory firm with offices in Jacksonville, FL and Savannah, GA, acted as exclusive financial advisor to Center Subaru. Mac Holley, Principal and advisor to Center Subaru, commented, Center Subaru had a strong market share and a long history in its area, with a solid reputation for customer service. The owner was able to achieve his goals in exiting the business he had built for many years, and I was honored to represent him in the transaction.