Dobbs Equity Partners, LLC has acquired Papa’s Dodge, Inc. with Generational Equity advising Papa’s on the sale.
Papa’s Dodge is a new and used automotive dealership in Connecticut. The dealership provides leading brands including Chrysler, Dodge, Jeep, Ram as well as certified used cars and trucks.
Dobbs Family Automotive, a holding of DEP, is a platform investment portfolio of franchise automobile dealerships. The firm currently has 9 dealerships in its portfolio and has a history in the automobile industry dating back 100 years.
“At Generational Equity we are a strong believer of preserving the legacy of our clients,” commented Ahmad Behjati, Generational Equity managing director. “Dobbs’ Family has a proven history of successful auto dealership ownership for an almost 100 years. I had a pleasure of meeting John Hull Dobbs, Jr. CEO and working with Rick Greene the COO of Dobbs Equity Partners to bring this transaction to a successful closing.”