Edgar Castellanos and partners Open Road Capital have acquired the automotive dealerships EuroCar and Lotus of Orange County, both in Costa Mesa, CA, from Z NAFE, announced the Dave Cantin Group, which represented both the buyer and seller in the sale.
EuroCar is recognized as the West Coast’s largest luxury and exotic car boutique, where it holds an inventory of more than 150 of the world’s most distinctive automobiles in a 55,000-square-foot climate-controlled facility.
Lotus of Orange County stands as the exclusive Lotus dealer in the region and is renowned as the premier Lotus dealership on the West Coast. The acquisition of the two dealerships by Castellanos and Open Road Capital (ORC) marks a significant milestone in expanding their footprint in the luxury and exotic car market.
“With EuroCar’s inventory, sales performance and an upcoming service expansion, along with Lotus of Orange County’s exclusive status, Castellanos and Open Road Capital are well-positioned to capitalize on opportunities in the region’s luxury and exotic vehicle market,” said Dave Cantin, CEO of Dave Cantin Group. “It’s an honor and pleasure to work with great people in Z, Edgar and ORC. It’s a credit to the DCG team for their expertise and guidance, and we look forward to being of service as their business continues to grow.”
Stephen Jones led the transaction for Dave Cantin Group, working with both buyer and seller for a smooth ownership transition.
