Performance Brokerage Services Facilitates Genesis of Glenview Sale to Joe Ghaben

Performance Brokerage Services, a leading name in the automotive dealership brokerage arena, has recently announced a significant milestone in its operations. The firm has successfully facilitated the sale of Genesis of Glenview, located in Illinois, to Joe Ghaben, a prominent figure in the automotive industry. This acquisition represents not only a change in ownership but also a new chapter for the Genesis brand in the Chicago metropolitan area.

Founded in 2004, the Ghaben Auto Group is well-established in the Illinois automotive market. Under the leadership of Joe Ghaben, the group has expanded its footprint through its ownership of several notable dealerships, including Volkswagen of Oak Lawn and Volkswagen of Orland Park, as well as Ultimo Motors, which specializes in luxury pre-owned vehicles. Ghaben's extensive experience in the automotive sector and his commitment to quality service make this acquisition a promising step forward.

Joe Ghaben expressed enthusiasm about the acquisition, noting that the collaboration with Performance Brokerage Services was both effective and enjoyable. The brokerage firm exhibited professionalism and responsiveness, which significantly contributed to the seamless transition of ownership. Ghaben remarked, “Working with Performance Brokerage Services on the acquisition of Genesis of Glenview was a great experience. Their team was professional, responsive, and solutions-oriented throughout the transaction.”

With plans to establish a brand-new Genesis facility at 2929 Patriot Boulevard in Glenview, Ghaben looks forward to leading the dealership into a prosperous future. The new facility is anticipated to enhance customer experience and further strengthen the Genesis brand in the region.

Performance Brokerage Services has solidified its reputation in the dealership brokerage industry, advising on nearly 450 dealership sales over the last five years. This level of activity has earned the firm the title of North America's highest volume dealership brokerage. The transaction of Genesis of Glenview was managed by Paul Kechnie and Matt Willis, who served as exclusive sell-side advisors for this deal.

Matt Willis commented on the successful transaction, highlighting the importance of matching the right buyer with the seller. He stated, “It was a privilege for our Midwest and Texas team to represent the seller confidentially and bring together two parties who shared a commitment to getting the transaction across the finish line. Joe Ghaben proved to be exactly that. His professionalism, persistence, and enthusiasm for the Genesis brand made him an excellent fit.”

The transaction not only facilitates a change in ownership but also represents a vital opportunity for growth and development within the Genesis brand. As the automotive market continues to evolve, having a robust and dynamic leadership team is essential for navigating the industry's complexities.

About Performance Brokerage Services

Performance Brokerage Services, Inc. stands out as North America's highest volume dealership brokerage firm, excelling in facilitating buy-sell transactions across various dealership segments, including automotive, RV, marine, and more. With over three decades of experience and an impressive portfolio of more than 900 dealerships sold at a 90% closing rate, they have established a trusted reputation in the industry.

Based in Irvine, California, Performance Brokerage Services operates across the U.S. and Canada and offers a unique approach, providing complimentary estimates of dealership value without upfront fees. Their extensive network and expertise enable them to effectively connect buyers and sellers, making them a reliable partner in dealership transactions.

For additional information about Performance Brokerage Services and their offerings, please visit Performance Brokerage Services.