Driving the news: Bill Dickason and Steve Hall purchased a Honda store in Paris, Texas, from Mathews Auto Group. The deal closed April 30.
For context: Dickason also owns a Chevrolet dealership under his Dickason Auto Group, according to Derek Garber of Haig Partners, which represented the seller in the transaction.
Mathews Honda of Paris is in the northeast region of Texas, near the Oklahoma border.
The store was renamed Dickason Honda of Paris.
Mathews still owns a Nissan dealership in the city.
What they’re saying: John Mathews, of Mathews Auto Group, worked his way into the business as a lot porter after dropping out of high school and experiencing homelessness early in his life, according to Haig Partners.
“It has been a privilege working alongside John,” Garber said in a release. “This business is unique in that it continues to provide [opportunities] for individuals willing to outwork, outlearn and outlast. John’s story is a powerful reminder of these principles.”
Bottom line: Garber also said in the release that “transactions like this are not just about maximizing value; they are about helping entrepreneurs secure their legacy while positioning them for what comes next.”
“The sale of Mathews Honda continues to showcase the strength of the Texas market, which remains one of the most active and sought-after regions for dealership acquisitions in the country,” Garber said. “Buyer demand continues to be strong, particularly for high-quality franchises like Honda.”
You can see this deal announcement and many more throughout the entire year by visiting the CDG Buy/Sell tracker at CDGbuysell.com, powered by:
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