Nancy Phillips Associates - Blog #Subaru

Dan O'Brien Subaru of Claremont Sold to Kaplan Auto Group

Tue, 20 Sep 2022 12:08:26 -0400

Nancy Phillips Associates is pleased to announce the sale of Dan O'Brien Subaru located in Claremont, NH to Sheree Kaplan of the Jake Kaplan Auto Group.

Dan O'Brien Auto Group owns multiple dealerships in New Hampshire and Massachusetts. The sale of Subaru in Claremont allows the group to focus on other dealership interests. Sheree Kaplan-Allen is the owner of luxury and import dealerships in New Hampshire and Massachusetts and this acquisition furthers the growth of the Jake Kaplan brand in Northern New England.

Nancy Phillips Associates has successfully orchestrated numerous transactions for both Kaplan and O'Brien, serving as their preferred broker for buy-sell transactions in New England.

Ed Reilly Subaru in Concord, NH sold to Dennis Wilson Jr.

Thu, 17 Feb 2022 15:33:37 -0500

Nancy Phillips Associates is pleased to announce the sale of Ed Reilly Subaru in Concord, New Hampshire to Dennis Wilson Jr.

Ed and Sheila Reilly became Subaru dealers over 27 years ago. The husband and wife team were true partners in every sense of the word and worked together to build a thriving dealership in the community they came to love. When Ed passed away in 2018 the dealership continued to grow and prosper under Sheila’s very capable hands. When she decided to plan her exit strategy, her dealership was one of the most desirable offerings in Northern New England. Sheila was pleased to sell her dealership to Dennis Wilson, another New Hampshire native, with over 2 decades of success working for significant Dealer groups the in New England market. The new name of the dealership is Capital City Subaru.

Sheila Reilly, former owner of Ed Reilly Subaru:

“I had always planned to work with Nancy Phillips Associates when the time came – Nancy has a great reputation, is very well organized, and knows her stuff. Furthermore she got things done in a very timely manner and in this environment, where it’s very difficult to get anything done, she has all the right connections. She introduced me to the best providers for every service that I required to prepare my dealership for sale from the real estate appraisal company to the environmental company and so much more.

I would highly, highly recommend Nancy Phillips Associates, I didn’t make a move without discussing things with her first and she respected what I desired from the transaction. It was an honor to meet her and to work with her. I admire her, both personally and professionally.”

David Rosenberg Acquires Tri-City Subaru and Tri-City Chrysler Dodge Jeep Ram

Thu, 08 Jul 2021 15:26:29 -0400

Nancy Phillips Associates is pleased to announce the sale of Tri-City Subaru and Tri-City Chrysler Dodge Jeep Ram in Somersworth, New Hampshire to David Rosenberg.

Tri-City Subaru and Tri-City Chrysler Dodge were started over 50 years ago by Rene Plante. Rene was one of the first Subaru dealers to be appointed under the Subaru of New England distributorship. Chrysler and Jeep were added to the original stand-alone Dodge franchise in 2011.

The two dealerships continued under Rene's sons, Kenneth, Roger and Steve Plante for their entire working careers. The brothers plan to retire to pursue other interests.

David Rosenberg, New England's automotive virtuoso, and former operator of Ira Motor Group, The New England Platform of Group 1 and Prime Automotive Group is adding to his recently launched third dealership group with the acquisition of these two exceptional opportunities. "These dealerships are a great fit for my automotive group. Ken Plante and the Plante family have operated a stellar business for many years and I look forward to continuing growing the company and serving the Somersworth community. I have worked with Nancy and her team on many acquisitions and highly recommend them for their confidentiality, expansive knowledge and professional services." said Rosenberg.

Rick Bickford, who will be co-owner/operator of Tri-City Subaru and Tri-City CDJR stated "I have been working with David Rosenberg for almost 28 years as Vice President of Prime Automotive Group until it was sold. David has always put his employees and customers first and I am excited to be back working with him again."

Rick's brother, Mike Bickford will also be owner operator of Tri-City. Mike began working with David in 2007 as Director of Pre-Owned Vehicles for his dealerships.

The Dream Team, brought together by Nancy Phillips Associates, facilitated the transaction delivering it to a smooth completion. Attorney for the seller was Erik Barstow of Integral Business Counsel, PLLC; Attorney for the Buyer was Bob MacDonald of Bernstein, Shur, Sawyer & Nelson; Todd Merriam of O'Connor & Drew served as the closing accountant; Mark Flibotte of Key Bank financed the acquisition and floor plan and Nancy Phillips Associates was exclusive broker for the Seller.

Bennington Subaru of Autosaver Group Sold to Lundgren Automotive Group.

Wed, 10 Mar 2021 15:54:55 -0500

Nancy Phillips Associates is pleased to announce the sale of Bennington Subaru in Bennington, Vermont owned by Abel Toll of Autosaver Group to Barry Lundgren and Patrick Lundgren of Lundgren Automotive Group.

Nancy Phillips Associates has orchestrated multiple transactions for Lundgren Automotive Group, whose holdings include one of the top performing Honda dealerships in New England. The addition of the very desirable Subaru franchise extends the group’s influence in the Western Massachusetts and Southern Vermont market regions.

This is the 15th transaction facilitated by Nancy Phillips Associates for Autosaver Group. The group has recently expanded it’s dealership holdings in the Northern New England sector with the addition of two new dealerships near it’s headquarters and this sale allows the company to focus on further growth in it’s primary market area.

The new name of the dealership is Lundgren Subaru of Bennington.