#USA #Performance Brokerage #Marshalltown #Gregg Young #Marshalltown Chevrolet

Performance Brokerage Services Facilitates Transfer of Ownership

Performance Brokerage Services, recognized as North America's leading dealership brokerage, has announced the successful sale of Gregg Young Chevrolet located in Marshalltown, Iowa. This significant transaction shifts ownership from the Gregg Young Automotive Group to the new proprietors, Alan Reuber and Matthew Barrows. The deal underscores Performance Brokerage Services' dedication to facilitating seamless dealership transitions across the continent.

Gregg Young, who established his presence in automotive retail back in 2000 with the acquisition of a Chevy store in Omaha, Nebraska, has seen tremendous growth. Under his leadership, the Gregg Young Automotive Group has expanded its footprint throughout Nebraska, Iowa, and Wisconsin, boasting 11 locations that represent numerous auto brands, including Chevrolet, Buick, GMC, Ford, and more. The group has relied on Performance Brokerage Services for various transactions over the years, demonstrating a solid partnership built on trust and mutual respect.

In Gregg Young's own words, selling a dealership also equals selling a piece of one's legacy. He expressed that when a deal carries his name on the sign, the personal stakes are particularly high. "The transaction feels personal; you care deeply about your employees, clients, and the community you’ve served. That’s why I trust Performance Brokerage Services implicitly. With every deal, they’ve shown they understand what my business represents and the significance of what we’ve built together,” he reflected.

The recent sale was considered yet another testament to Performance Brokerage Services' professionalism and commitment. Both Paul Kechnie and Matt Willis served as the exclusive sell-side advisors in this transaction, bringing invaluable experience and a steady hand to the process. Young appreciated their honesty and ability to navigate complex negotiations to achieve a successful outcome, allowing him to focus on the new chapter ahead.

Alan Reuber, a seasoned dealership owner who has run over 15 dealerships in his career, is thrilled to reclaim his position in the automotive retail industry alongside his partner, Matthew Barrows. Reuber heralded Performance Brokerage Services as a firm he deeply respected, noting their integrity and commitment to the transaction.

"The people involved in the deal mattered as much as the opportunity itself. Trustworthiness and a genuine interest in the success of our new venture were crucial in this process," Reuber stated. He extended his gratitude towards Performance Brokerage Services, acknowledging their role in ensuring that all aspects of the acquisition were addressed efficiently and effectively.

Looking to the future, the newly acquired dealership will be rebranded as Marshalltown Chevrolet, but it will continue to operate from its original location. This change represents not only a new ownership paradigm but also a new chapter for the community as local residents can expect transformation and investment in the dealership.

In summary, the sale of Gregg Young Chevrolet to Alan Reuber and Matthew Barrows serves as a reflection of the longstanding and personal nature of dealership transactions while underscoring the essential role of Performance Brokerage Services in connecting sellers and buyers. As they hand over the keys to the next generation of leadership, the commitment to community and exceptional service remains central to the ethos of what is now Marshalltown Chevrolet.

With a reputation for facilitating nearly 450 dealership sales over the last five years, Performance Brokerage Services continues to affirm its status as North America’s highest volume dealership brokerage firm dedicated to ethical and productive transactions in the automotive sector.