Haig Partners served as the exclusive sell-side advisor to Saint J Auto on the sale of Lebanon Ford in Lebanon, NH to Nucar Family of Dealerships based in New Castle, DE. Saint J Auto retains ownership of a Subaru dealership in Vermont.
John Loschiavo, President of Saint J Auto, shared, “As my family and I were evaluating our strategic options with our advisor, Derek Garber, we recognized that it was the right time for us to sell one dealership and invest those proceeds elsewhere. Lebanon Ford has been a family endeavor, managed by my sons, Nathan and Evan, alongside our COO and longtime friend, Ray Gaudette, since its inception. We couldn’t be more thankful for the growth and success we have recognized with the help of a supportive community and an exceptional assembly of employees. We take immense pride in the legacy and reputation we've cultivated at Lebanon Ford, cherishing the relationships we've forged along the way.”
John continued, “Derek and the team at Haig Partners were instrumental in advising my family during this transition, working hard to make it as seamless as possible. Derek provided excellent advice on the value of my dealership and worked diligently to pair us with the best buyer for our dealership: Chris Dagesse, Dan Dagesse, and the team at Nucar Family of Dealerships. We look forward to witnessing the continued success and growth of Lebanon Ford, along with the opportunities it will bring for its dedicated associates and surrounding communities.”
Derek Garber, Vice President at Haig Partners, shared, "It has been a privilege assisting John and his family in realizing their financial and strategic goals. Their unwavering commitment to their employees, customers, and community sets an inspiring example.
We extend our heartfelt congratulations to Chris and Dan Dagesse of Nucar Family of Dealerships on this acquisition. This transaction not only highlights the robust buyer demand prevalent in New England but also underscores the strong interest in the Ford franchise, particularly with the brand’s commercial truck and van division."
