February 28, 2024

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BUY/SELL ROUNDUP: Ganley, Tasca and Corwin auto groups acquire dealerships

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Tasca grows in Florida

Tasca Automotive Group of Cranston, R.I., expanded its presence in Florida when it bought two Buick-GMC stores.

Tasca on Oct. 18 bought Dick Norris Buick-GMC Clearwater and Dick Norris Buick-GMC Palm Harbor — both in the Tampa region — from Dick Norris and Doug Norris.

The stores were renamed Tasca Buick-GMC Clearwater and Tasca Buick-GMC Palm Harbor.

“These dealerships are a perfect complement to our existing Buick and GMC franchises in Florida,” Carl Tasca Jr. of Tasca Automotive Group said in a statement. “We welcome the teams to the Tasca family and look forward to serving their loyal customers with integrity and honesty.”

The Tasca group has a Buick-GMC dealership in Melbourne, Fla., southeast of Orlando. The family-owned group, founded in 1943 by Bob Tasca Sr., also has dealerships in Illinois, Rhode Island, Connecticut and Massachusetts, according to its website.

The Norris family, which had been selling cars in Florida since the late 1980s, opted to sell the dealerships to focus on other business interests, including continuing to operate a boat company and car wash, according to a news release from Presidio Group. The investment banking and buy-sell advisory firm in Denver and Atlanta advised the seller in the transaction.

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