Major Sale in the Equipment Industry Announced
Performance Brokerage Services, a leader in the buy-sell activity of dealerships, is excited to announce the successful sale of W.E. Johnson Equipment Company to Burwell Material Handling. W.E. Johnson Equipment Company, a well-established name in the equipment industry since 1958, has been under the skilled management of Gary Work and Robert Morales since 1986. Their dedication to outstanding service created a strong foundation for this latest transition.
Trusted Partnership Strengthens Market Presence
In a recent statement, Gary Work expressed his confidence in this strategic move, noting, "After much careful thought and consideration, we made the decision to partner with Burwell Material Handling." His goal is to ensure both his employees and customers continue to receive exceptional service. Gary’s sentiments reflect the company's commitment to maintaining high standards during this transition, reassuring stakeholders about the future.
Exceptional Guidance During the Transition
Gary Work also praised Pat Albero of Performance Brokerage Services for his indispensable support throughout the sale process. His expertise played a crucial role in finding the right buyer for W.E. Johnson. Gary stated, "Pat guided us through each step of the process with professionalism, ensuring that our needs were met every step of the way." Such testimonials highlight the value of effective brokerage in facilitating smooth transitions.
Performance Brokerage Services: Leading the Way
Performance Brokerage Services' impressive track record includes negotiating the sale of nearly 400 dealerships over the past five years, solidifying its position as the top dealership brokerage firm in North America. Pat Albero and Dan Argiro, senior partners with the company, provided key advisory support, ensuring that the sale process benefitted all parties involved.
Commitment to Success and Excellence
Pat Albero stated, "It was an honor to represent W.E. Johnson Equipment Company in this significant sale. The alignment between Burwell Material Handling and W.E. Johnson is remarkable, both being dedicated to customer success and operational excellence." This strong alignment promises that the legacy of W.E. Johnson will thrive under Burwell's stewardship, expanding their capacity to serve customers.
Strategic Rebranding and Future Growth
Burwell Material Handling has evolved considerably since transitioning from its previous identity as C & B Material Handling. Following decades of growth in the equipment sector, Burwell, now rebranded, operates 20 dealerships and represents a range of prominent brands such as Bobcat, Clark, and Doosan. Their array of offerings includes sales, rentals, parts and service, technology integration, and engineered system solutions.
As part of this strategic realignment, W.E. Johnson Equipment Company will now operate under the Burwell name, ensuring that customers enjoy consistent service under a new banner. This change represents a refreshing opportunity for growth and innovation in the materials handling domain.
About Performance Brokerage Services
Performance Brokerage Services, Inc. has built a strong reputation as the foremost dealership brokerage firm in North America, specializing in the buy-sell activities across multiple sectors, including automotive and powersports. With over 30 years of industry experience, they have successfully closed nearly 900 dealership transactions, boasting a 90% closing rate.
The firm utilizes a unique, client-focused approach, offering complimentary estimates and charging success fees only upon transaction closure. By leveraging a vast network of contacts within the industry, including attorneys and buyers, Performance Brokerage Services ensures clients receive exemplary representation and local support combined with national visibility.
Contact Information
As a trusted resource in dealership transactions, Performance Brokerage Services continues to set the standard for excellence in the industry. If you're interested in learning more about their services, please reach out to the media contact:
Media Contact:
Jesse Stopnitzky, Co-Owner
(949) 309-2851
Frequently Asked Questions
What companies were involved in the recent sale?
The sale involved W.E. Johnson Equipment Company and Burwell Material Handling, facilitated by Performance Brokerage Services.
What is the history of W.E. Johnson Equipment Company?
W.E. Johnson Equipment Company was established in 1958 and has been a staple in the industry for over six decades.
What role did Performance Brokerage Services play in the deal?
Performance Brokerage Services acted as the exclusive sell-side advisor, providing expert guidance throughout the sales process.
How many dealerships has Performance Brokerage Services sold?
They have sold nearly 400 dealerships in the past five years, making them the highest volume dealership brokerage firm in North America.
What is the future for W.E. Johnson Equipment Company?
W.E. Johnson Equipment Company will operate under the Burwell Material Handling brand, ensuring continued service and support for customers.
