August 1, 2024 — Open Road Capital (ORC) is pleased to announce a new partnership with Edgar Castellanos in southern California.  Trust Automotive Holdings includes Edgar’s current dealership portfolio: Palmdale Honda and California Motors Direct (a leading independent dealership group with locations in Fontana, Santa Ana, and Montclair) plus the newly acquired EUROCAR, the premier luxury and exotic car boutique on the West Coast that also includes Lotus of Orange County.

The seller of EUROCAR was represented by Brian Traugott of Dave Cantin Group, who facilitated the deal. Holland & Knight provided legal counsel, FORVIS conducted financial due diligence, and Crowe assisted with closing for ORC and Trust Automotive Holdings.

“We are thrilled to join forces with Edgar Castellanos and welcome these exceptional dealerships into our portfolio,” said Eric Chelline, Co-Founder and Managing Director at ORC. 

“This partnership expands the great relationship we enjoy with Honda and strengthens our position in the luxury and exotic car markets,” added Tim Batchelor, Co-Founder and Managing Director at ORC.

For more information, please contact:
Tony Taylor
Director of Business Development
ttaylor@openroadcap.com