December 12, 2018

Target Mazda Acquired

The New Glasgow News is reporting that the NB-based Smith family has acquired New Glasgow, NS’s Target Mazda car dealership.

The Smith family also own Mazda dealerships in Dieppe, NB and Truro, NS, while Target Mazda claims to be the oldest Mazda dealership in Atlantic Canada.

This is another in a long series of transactions in the consolidating auto dealer industry, which has been commented on in this blog many times.


Our auction process

With our Atlantic Canada business brokerage service, we create a bidding war for the sale of your business. BDO will use the competitive tension amongst buyers to negotiate the best price and terms.

You pay us when you succeed

Our M&A fee structure is designed such that we are motivated to ensure your sale transaction is successful. Our fees are both contingent on a successful closing as well as tied to maximizing your proceeds.

Maintain confidentiality

Our M&A process is designed to maximize your sale proceeds while maintaining the confidentiality of your business with regards to customers, suppliers and employees.

The decision to sell can be a difficult one for any owner but today’s active markets may mean now is the time to sell your business.


Dan Jennings

Merger & Acquisitions Advisor and Business Broker
Partner, BDO, Atlantic