Castle Automotive Group (CAG), a growing automotive retailer with corporate headquarters in Oakbrook Terrace, IL, has completed two transactions this year with the acquisition of Naperville Chrysler Dodge Jeep Ram and Gary Lang Auto Group in McHenry. These two acquisitions bring Castle Automotive Group to 14 locations and 26 new car franchises throughout Illinois and Northwest Indiana with a strong portfolio of brands – Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Jeep, Kia, Lincoln, Mitsubishi, RAM, Subaru and Volkswagen.
“First of all, I would like to say thank you and congratulations to Ed Burke, President of Naperville CDJR and Gary Lang, President of Gary Lang Auto Group. Both of these gentlemen were a pleasure to work with from the day we engaged all the way through a seamless buy-sell transaction. When entering into these large and very emotional transactions, it is very important to me that all parties are treated fairly and with respect to their legacies, people, and communities. I wish both of them the best in their next chapter of life. Also, thank you to my acquisitions teams at CAG, Andrew Dorgan and DSMC, VP of M&A Jennifer Rafael, and financial partner Ally for working you tails off this year to bring these 2 deals to the finish line.
“On a business note, we feel these 2 acquisitions are the right fit for our company with the right brands in the right locations. We are proud to have added Kia and Cadillac to our portfolio, as well as our third Chevrolet franchise and second CDJR, Subaru, Buick, GMC, and Mitsubishi franchise. This gives our company a lot of scalability in a highly competitive market. It has been a busy year for us and all involved to make this happen. I look forward to welcoming and onboarding all of the 200+ employees, their families, and 11 additional new car franchises to the CAG platform from these transactions.” -Joe Castle, CEO of Castle Automotive Group
