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Tim Lamb Group Facilitates Victory Automotive's Expansion in CA

Tim Lamb Group Facilitates Victory Automotive's Expansion in CA

Tim Lamb Group Supports Victory Automotive Group's Growth

Recently, the Tim Lamb Group made headlines by facilitating a significant dealership acquisition in the automotive industry. The sale of the San Leandro Mazda dealership marks a pivotal moment for both the seller and the buyer involved in this transition. Steve Corle, a respected Director at the Tim Lamb Group, played an essential role in brokering the deal, which saw Victory Automotive Group take ownership of their first Mazda dealership.

Details of the Deal

The consummation of this deal resulted in Victory Automotive Group expanding its national footprint with what is now their 53rd dealership across the United States. Interestingly, this location also stands out as Victory's 21st dealership in California, a state known for its vibrant automotive market. The store, now nostalgically rebranded as Victory Mazda San Leandro, stands proudly at 680 Marina Blvd., reflecting a vibrant future ahead.

Transformation of the San Leandro Mazda Facility

The San Leandro Mazda dealership was not always a modern car showroom. Prior to its acquisition by the Harvey Auto Group in 2018, the facility had been transformed from an industrial space into a versatile, customer-friendly showroom. After a substantial renovation, this Mazda dealership opened its doors to the community in December 2020. Highlighting its commitment to quality service, the expansive facility boasts a 13,000 square-foot showroom alongside a sizable Parts & Service Center, featuring 14 service bays to serve customer needs effectively.

Team Dynamics in Victory Mazda San Leandro

In addition to the new name, the transition signifies an exciting blend of personnel. Victory Mazda San Leandro will welcome several of the original 40+ employees from San Leandro Mazda, ensuring that long-standing customer relationships and service standards continue to thrive. This harmonization of teams highlights Victory Automotive Group's commitment to upholding high service quality in their new acquisition.

A Smoother Transaction for All Parties

What stands out in this transaction is the smoothness reported by both Harvey Automotive Group and the acquiring Victory Automotive Group. Steve Corle described the experience as seamless, emphasizing a collaborative spirit during the exchange. Having been with the Tim Lamb Group for two years, this was Corle's third successful deal with Victory Automotive, underscoring the strong professional relationship between the involved parties.

The Legacy of Harvey Auto Group

The family-run Harvey Auto Group has a rich history in the automotive sector, starting with Ken Harvey's first motorcycle shop opened in 1954. Over the decades, the business has evolved from motorcycles to a comprehensive automotive dealership network, which now features four Honda and two Mazda dealerships. The sale of San Leandro Mazda enables the Harvey family, particularly Ken and his son Taz, to concentrate their efforts on managing their remaining establishments, building on their legacy in Northern California.

The Future of Victory Automotive Group

Victory Automotive Group continues to stand as a prominent figure in the automotive industry, having been founded over 25 years ago by entrepreneurial leader Jeffrey Cappo. Alongside his sons, Eric and Michael, the company has grown to encompass over 53 locations across eleven states, proudly representing fourteen reputable automotive brands. This recent addition of the Mazda dealership is expected to enhance not only their portfolio but also their reputation throughout the region.

Frequently Asked Questions

What is the significance of the San Leandro Mazda sale?

The sale marks Victory Automotive Group's first Mazda dealership and signifies their ongoing expansion in California.

Who brokered the deal for the sale of San Leandro Mazda?

Steve Corle from the Tim Lamb Group was instrumental in brokering the deal between Harvey Auto Group and Victory Automotive Group.

How has the San Leandro Mazda facility been transformed?

Originally an industrial site, the facility underwent a complete renovation to create a modern Mazda showroom, which opened in December 2020.

What does the transition mean for existing employees?

The transition allows many of the original employees to remain, ensuring continuity in customer service and operations at Victory Mazda San Leandro.

What is Victory Automotive Group's background?

Victory Automotive Group has a robust presence in the automotive industry, founded by Jeffrey Cappo, and operates over 53 locations across eleven states.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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