Tim Lamb Group Brokers Strategic Sale to Cronin Auto Group
Tim Lamb Group Facilitates Strategic Deal for Cronin Auto Group
In a significant move within the automotive industry, Tim Lamb Group proudly announces the successful sale of Hirlinger Chevrolet. This landmark transition marks a new chapter for the dealership and the Cronin Auto Group.
The Sale Announcement
The Tim Lamb Group, a leading firm specializing in auto dealership sales and acquisitions, played a pivotal role in this transaction. The sale demonstrates their expertise and commitment in the automotive sector. With Tim Wild, Director of the Midwest and Plains Region, at the helm of this deal, the acquisition was carefully executed to ensure both sides achieved their goals.
About Hirlinger Chevrolet
Hirlinger Chevrolet, a family-owned establishment since 1979, has been a cornerstone of the community in the greater Cincinnati area. The dealership earned a strong reputation through its dedication to customer service and integrity. Now, as it transitions to Cronin Chevrolet, the legacy of the Hirlinger family will continue under new management.
Understanding the Deal Structure
Located at 1582 Harrison Brookville Rd., the newly branded Cronin Chevrolet will occupy a substantial facility featuring a 30,000 square foot building. The dealership is equipped with advanced service technology, a certified repair center, and a dedicated lot for pre-owned vehicles. This strategic acquisition by Cronin Auto Group significantly enhances its offerings and operational capacity in the region.
Voices from the Hirlinger Family
The Hirlinger brothers—Mike, Steve, and Ted—expressed their gratitude for the relationships built over the years. Mike reflected on a journey full of standout memories in the community. Steve shared his appreciation for Tim Wild’s guidance throughout the process, emphasizing Wild's understanding of their needs during this pivotal time.
Tim Lamb Group's Essential Role
Tim Wild from Tim Lamb Group articulated a sense of fulfillment with the completion of the deal. His relationship with the Hirlinger family and familiarity with Cronin Auto Group contributed to a successful transition. Wild noted the Hirlinger family's deep commitment to ensuring the dealership's integrity would be upheld by Cronin's management.
Cronin Auto Group's Expansion
With this acquisition, Cronin Auto Group increases its dealership network, bringing the total to eight locations across Ohio, Kentucky, and Indiana. The group represents an array of brands including Ford, Hyundai, Nissan, and now Chevrolet, bolstering its presence in the tri-state area.
Looking Forward
Patrick Cronin, President and CEO of Cronin Auto Group, expressed enthusiasm about adding Chevrolet to their brand portfolio. The company aims to build upon the excellent reputation established by the Hirlinger family, pledging to maintain the high standards of service and community engagement that customers have come to expect.
About Tim Lamb Group
Operating since 2006, Tim Lamb Group has established itself as the premier choice for dealerships seeking to sell or purchase automotive franchises. With a fleet of fifteen regional directors managing transactions worth billions, the group has become a powerhouse in dealership sales in North America.
Frequently Asked Questions
What is the significance of this sale?
This sale represents a strategic acquisition that enhances Cronin Auto Group's dealership network while ensuring the legacy of Hirlinger Chevrolet continues.
Who facilitated the sale?
Tim Lamb Group, led by Tim Wild, was instrumental in facilitating the sale of Hirlinger Chevrolet to Cronin Auto Group.
What was special about Hirlinger Chevrolet?
Hirlinger Chevrolet has been a family-owned dealership since 1979, known for its customer care and community involvement.
How does this affect Cronin Auto Group?
This acquisition expands Cronin Auto Group's operations, adding Chevrolet to their diverse lineup of automotive brands and services.
What future plans does Cronin Auto Group have?
Cronin Auto Group aims to sustain the high service standards set by Hirlinger Chevrolet while continuing to grow in the tri-state region.
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