DSMA Appoints Monte Weis as President
DSMA MAKES CHANGES TO THEIR CANADIAN & US MANAGEMENT STRUCTURE
Dealer Solutions Mergers and Acquisitions (DSMA), the leading Automotive Buy/Sell firm in North America, is delighted to welcome an automotive industry bighitter to lead its highly successful Canadian company.
Monte Weis, former President of Weis Group (Canada’s leading building consulting, architectural and brand identity firm) has joined DSMA as the new President of Canadian Operations. Weis will be taking over Farid Ahmad’s role as Ahmad devotes more time to new business ventures, including DRIVE Investment Partners.
“Our business simply keeps growing both vertically and horizontally and finding the perfect fit to manage the Canadian M&A team has been an essential part of the company’s long-term growth plans,” said Farid Ahmad, founder and CEO of DSMA. “To now be working side by side with Monte, whom I have known for many years, is truly fantastic. Monte is definitely the right person to lead the team into the future and continue the incredible growth DSMA has seen over the past few years.”
Monte Weis retains ownership of Weis Group, based out of Toronto. Replacing Weis as the incoming President and CEO is the current Vice-President and his long-term business partner Silvia Carfora. Carfora will assume all day to day responsibilities and operations of Weis Group.
“I am absolutely thrilled to be joining DSMA, a company I have watched and admired over many years,” said Weis. “M&A will be at the forefront of automotive retail transformation in the post-Covid world, so it is an exciting time to be a part of an industry leader like DSMA. Weis Group is in an amazing position, with a phenomenal team, and ready to move forward with a new person at the helm. The fact that Silvia is taking over as President and CEO has made it very easy for me to make the decision to take my personal career in a different and exciting direction.”
In an additional move that structurally aligns both the US and Canadian operations, Andy Church, the current US Chief Operating Officer, will take the position of President, US Operations, with immediate effect.
Dealer Solutions Mergers and Acquisitions is North America’s leading Automotive M&A firm, having completed over 900 evaluations and having advised on the sale of 240+ Dealerships over the past 6 years. DSMA has local offices covering all the Canadian and US markets.
For additional information, please contact: Daniel Palmer, Chief Marketing Officer, [email protected]