Strategic Acquisition Announced: Fiehrer Buick GMC Sold
The Successful Transition of Fiehrer Buick GMC
Performance Brokerage Services, a leader in the automotive dealership buy-sell market, has successfully facilitated the sale of Fiehrer Buick GMC. This transition marks a new era for the dealership, as ownership moves from Tom and Dan Fiehrer to Tom Gill.
An Impressive Record of Sales
Fiehrer Buick GMC has been a longstanding presence in the dealership community since 1932. Following the completion of the sale, Tom Fiehrer expressed great satisfaction with the support provided by Performance Brokerage Services. He noted the professionalism of Mark Shackelford and Mark Shackelford, Jr. throughout the entire process, from initial discussions two years prior, to the final transaction.
Expert Guidance Throughout the Process
The expertise of Performance Brokerage Services was evident during the sale, as they offered insightful market analysis and support without exerting pressure on the Fiehrer brothers. Their approach allowed the sellers to consider their options carefully, leading them to the decision to sell at a time that felt right for their families.
High Volume Transaction Advisors
In the past five years, Performance Brokerage Services has overseen the sale of nearly 400 dealerships, affirming its status as the highest volume dealership brokerage firm in North America. The successful sale of Fiehrer Buick GMC was a result of collaborative efforts from a dedicated team, including Mark Shackelford, Sr. and Mark Shackelford, Jr. in the Midwest, and Gershon Rosenzweig, Matt Wilkins, and Jacob Stoehr from the Northeast Office.
Continuing the Legacy of Success
Mark Shackelford, Sr. noted the positive relationship established with Tom Fiehrer, which began with discussions about potential dealership acquisitions and the future of Fiehrer Buick GMC. The decision to sell was ultimately based on what was best for their families. Shackelford conveyed his excitement for both the Gill family and the future of the dealership.
The Gill Family Takes Charge
Tom Gill and his family have a rich history in the automotive sector, with their Chevrolet dealership operating successfully in Florence, Kentucky since 1996. The purchase of Fiehrer Buick GMC signifies their inaugural venture into the Ohio market. Tom Gill expressed gratitude towards Performance Brokerage Services for their seamless support throughout the acquisition process.
A New Chapter for Fiehrer Buick GMC
Post-sale, Fiehrer Buick GMC will be renamed Tom Gill Buick GMC, maintaining its established location at 6720 Gilmore Road. The change reflects the Gill family’s commitment to continuing the legacy of exceptional service and quality that Fiehrer Buick GMC is known for.
About Performance Brokerage Services
Performance Brokerage Services, Inc. stands out as North America’s leading dealership brokerage firm, specializing in buy-sell transactions for various sectors, including automotive, RV, commercial truck, and powersports dealerships. With over 30 years of market experience, the firm has successfully sold 900 dealerships and maintains a remarkable 90% closing rate, built on a foundation of professionalism and integrity.
The company’s unique model allows them to offer complimentary evaluations with no upfront fees, guaranteeing that clients only pay after a successful sale. Headquartered in Irvine, California, Performance Brokerage Services operates through 12 regional offices across the United States and Canada, ensuring a combination of national exposure and local expertise.
As industry leaders, Performance Brokerage Services relies on a wide-reaching network of experienced professionals, including attorneys and accountants, to provide their clients with exceptional results.
Frequently Asked Questions
What was the recent announcement regarding Fiehrer Buick GMC?
Performance Brokerage Services announced the sale of Fiehrer Buick GMC to Tom Gill, marking a transition in ownership.
How long has Fiehrer Buick GMC been in operation?
Fiehrer Buick GMC has been serving the community since 1932, contributing significantly to the local automotive market.
Who facilitated the sale of Fiehrer Buick GMC?
Performance Brokerage Services managed the sale, providing valuable insights and guidance to both the sellers and new owners.
What is Performance Brokerage Services known for?
The firm is recognized as North America's highest volume dealership brokerage, specializing in buy-sell activities across various vehicle sectors.
What new name will Fiehrer Buick GMC adopt?
After the sale, Fiehrer Buick GMC will be renamed Tom Gill Buick GMC, continuing operations under its new ownership.
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