Performance Brokerage Services Facilitates Sale of South Star JCB in Texas

Performance Brokerage Services, recognized as North America's largest dealership brokerage firm, has successfully orchestrated the sale of South Star JCB, a distinguished heavy equipment dealership with locations in Lewisville and Fort Worth, Texas. This strategic transition marks another achievement for Performance Brokerage, known for its high volume of buy-sell activity in the dealership industry.

About South Star JCB

South Star JCB stands out as an elite dealership within the construction equipment market. As an authorized dealer of JCB, the dealership offers a diverse lineup of heavy equipment including excavators, loaders, telehandlers, and forklifts, coupled with exceptional service and parts support. Its commitment to customer satisfaction has earned it numerous accolades, placing it among the top 80 JCB dealers worldwide and within the top 6 in the United States by 2024. The dealership is particularly noted for its stellar aftermarket performance, securing a top 3 ranking in the United States, emphasizing its focus on service beyond initial equipment sales.

The Sale and New Ownership

The sale of South Star JCB was facilitated by Senior Partners Pat Albero and Dan Argiro from Performance Brokerage Services, who provided expert advice throughout the process. Chris Meinecke, the owner of South Star, expressed the challenges and opportunities faced in the growing Dallas market, fueled by substantial infrastructure investment and commercial growth. He acknowledged the importance of partnering with a brokerage that truly understands his business dynamics.

“Pat’s professionalism and understanding of our company's journey were crucial during this transition. He matched us with a buyer who shares our vision for the future, making a complex process feel manageable,” reported Meinecke.

The dealership is poised for future growth under its new ownership while continuing its operations at both locations.

Performance Brokerage Services: A Trusted Leader

For over three decades, Performance Brokerage Services has led the industry in dealership sales, successfully completing nearly 450 transactions. Their no-cost initial evaluations and high closing rate of 90% speak to their reputation for integrity and client-focused service. The brokerage prides itself on its extensive network, which incorporates industry specialists, ensuring tailored and effective solutions for clients.

Headquartered in Irvine, California, with 12 regional offices, Performance Brokerage Services is committed to bringing national exposure to local dealerships. Their dedication to bridging sales with highly skilled buyers has positioned them as the go-to experts in the field of dealership sales in North America.

In closing, the sale of South Star JCB showcases Performance Brokerage Services' expertise in navigating the complexities of the dealership market, reinforcing their commitment to fostering growth and success in the heavy equipment sector.