SEASON 1 | EPISODE 4
When you’re involved in Mergers & Acquisitions, you understand that every deal has a business side and a human side.
Both are important, for very different reasons. While the human element — the trading of legacies — is a large part of what makes the work so rewarding, it’s important to run the deal itself strictly along business lines and not allow emotions to interfere.
“What is a transaction? A transaction is anything that translates into a course of action. It’s not just making a deal . . . it’s really the passion of life, of everything that you do.”
— Dave Cantin
On this episode of Transactions, as we return from the Thanksgiving holiday, Dave Cantin and Derek discuss the importance of personal connections and why it’s important to understand them if you want to get the most out of an automotive acquisition.
Episode Highlights:
- When a transaction starts to become emotional, how do you navigate and get the deal back on track to its original business goals?
- What are the most rewarding, and most bitter-sweet moments of any dealership transaction?
- Dave closes the episode with a prediction for 2022, stating by what percentage he believes the Automotive M&A market will change compared to 2021.
Derek D is an actor, comedian, and host with 15 years of experience in the entertainment industry. Before becoming a host on the DNT podcast, Derek was well known in the automotive industry for hosting the award-winning car news show Fast Lane Daily.
| Dealer News Today is a Dave Cantin Group production
Dealer News Today Podcasts
The award-winning Dealer News Today podcasts focus on automotive dealer news with insights into the future of the industry. The Dealer News Today automotive podcast is created by and for auto dealers and the professionals that support them. All of our focus is on providing content on the cutting edge of the automotive industry that dealers need today and the insights required to be prepared for tomorrow.
Have something to add? Dealer News Today actively seeks thought leadership content that contributes to our goal of creating insights for the future of the automotive industry. Read our requirements for joining our team, or contact a member of our editorial staff today to learn more!
