Performance Brokerage Services Facilitates Sale of Dale Willey Chevrolet GMC to Cable Dahmer Automotive Group in Kansas
Performance Brokerage Services' Success in Automotive Deal
Performance Brokerage Services, renowned as North America’s leading dealership brokerage firm, has announced a significant deal in the automotive sector— the sale of Dale Willey Chevrolet GMC in Lawrence, Kansas. This transaction, which saw Greg Maurer selling the dealership to Cable Dahmer Automotive Group, marks a notable chapter for both entities involved.
Dale Willey Automotive: A Legacy Since 1970
Founded back in 1970, Dale Willey Automotive initially began as a Pontiac-Cadillac dealership. Over the decades, it expanded its offerings by incorporating GMC in 1990, Buick in 1996, and Chevrolet in 2010. With 15 years of profound experience in automotive retail, Greg Maurer joined the dealership in 1998 and became its sole owner in 2014. Maurer had previously engaged Performance Brokerage Services in a prior sale, entrusting them again for this recent transaction as he approaches retirement.
Greg Maurer expressed his confidence in Performance Brokerage Services, remarking, "I’ve known Paul Kechnie for many years and he facilitated a sale for me a few years ago with two other dealerships. When the time came to retire, I knew he would be a good fit for the project." His trust was well placed, leading to a successful sale under terms that proved beneficial.
Meeting Community Needs
Over the past five years, Performance Brokerage Services has advised on the sale of nearly 450 dealerships, cementing its status as the highest volume dealership brokerage firm across North America. The transaction involved key figures like Paul Kechnie, Matt Willis, and Jamie Farley, who collaborated closely with Maurer and the Cable Dahmer team to ensure a smooth transfer of ownership. Farley commented on the legacy of Dale Willey Chevrolet, emphasizing the importance of honoring the dealership’s history as it transitions to the new ownership.
Cable Dahmer Automotive Group, which has been operational since 1957, has a commendable reputation for community involvement, having earned accolades such as the 2017 Heartland Corporate Citizen of the Year award. Under the leadership of Carlos Ledezma, the group has expanded to encompass 10 dealerships throughout Missouri and Kansas, proudly representing a variety of franchises, including Chevrolet, Buick, GMC, and others.
Carlos Ledezma shared heartfelt sentiments regarding the sale, stating, "Every dealer who has built something for 50 years asks the same question when it's time to step away—Who will take care of my people and my name?" Maurer’s trust in Cable Dahmer underscores a commitment to not only maintaining but enhancing the legacy of Dale Willey Chevrolet GMC within the Lawrence community.
Future Prospects
With the acquisition of Dale Willey Chevrolet GMC, Cable Dahmer Automotive Group has increased its dealership count to ten. The dealership will now operate under the new name of Cable Dahmer Chevrolet GMC, continuing at the original location. This move is poised to reinforce Cable Dahmer's presence in the Kansas automotive market while adhering to the operational standards set forth by Maurer during his tenure.
About Performance Brokerage Services
For over three decades, Performance Brokerage Services, Inc. has been at the forefront of dealership buy-sell activity, specializing in automotive, RV, marine, powersports, commercial truck, and equipment dealerships. With a closing rate of 90% and over 900 transactions completed, the firm is respected for its ethical practices and industry expertise.
Conclusion
As Dale Willey Automotive transitions under the Cable Dahmer banner, the local community can look forward to sustained service legacy and growth. Performance Brokerage Services has indeed played a pivotal role in facilitating this transaction, showcasing their capabilities in high-stakes dealership negotiations. Their unique approach allows for a seamless experience, reaffirming their position as leaders in the dealership brokerage arena.