DSMA expands global presence with partnership with UHY Hacker Young
by CM Staff
The establishment of this partnership emerged from a recognized necessity for a connection across the Atlantic, prompted by a record of cross-Atlantic acquisitions involving dealerships in the UK.
DSMA and UHY-Hacker Young management teams. (CNW Group/Dealer Solutions North America Inc.)
TORONTO — DSMA (Dealer Solutions Mergers and Acquisitions), an automotive M&A firm based in North America, announces its expansion into the European market through a strategic partnership with UHY Hacker Young, the leading M&A player in the United Kingdom specializing in dealership transactions.
DSMA has firmly established its presence with regional offices strategically located in Calgary, AB, Chicago, IL, Las Vegas, NV, Montreal, QC, Nashville, TN, New York City, NY, Scottsdale, AZ, St. John’s, NL, Stuart, FL and Vancouver, BC.
The establishment of this partnership emerged from a recognized necessity for a connection across the Atlantic, prompted by a record of cross-Atlantic acquisitions involving dealerships in the UK. The decision to form this collaboration was a result of research and analysis, aiming to address the demand for a bridge connecting the North American and European automotive markets and beyond.
Farid Ahmad, Founder and CEO of DSMA, expressed enthusiasm about the partnership, stating, “We are very excited about this partnership as it will allow both DSMA and UHY clients greater access to international opportunities, opening up both the North American and European Markets.”
David Kendrick, CEO of UHY Hacker Young, said “The international marketplace has been hugely active over the past decade with many global automotive groups entering the UK market, as well as European and Middle Eastern investors considering opportunities in the US and Canada alike. This strategic partnership opens huge opportunity to further support this growing area of the market between UHY and DSMA.”
Key Highlights of the Partnership:
Cross-Border Opportunities: DSMA clients will gain access to highly confidential dealership acquisitions opportunities in the European market, particularly in the UK, through the expertise and network of UHY Hacker Young.
International Reach: UHY Hacker Young clients will have the opportunity to explore and engage in dealership transactions in North America, leveraging DSMA’s extensive experience and presence in the region.
Global Benefits: The partnership aims to create a symbiotic relationship, where both sets of clients benefit from enhanced access to international deals, fostering growth and expansion in the automotive industry with sights on the rest of the world.
As part of this collaboration, DSMA encourages buyers to explore opportunities in the UK market, while North American dealership opportunities will be available for international buyers.
