#USA #Performance Brokerage #Story City #Karl Ford #Johnson Automotive

Performance Brokerage Services Facilitates the Sale of Karl Ford of Story City to Johnson Automotive Group

Performance Brokerage Services, recognized as North America's leading dealership brokerage firm, has reported a significant transaction with the sale of Karl Ford of Story City, Iowa. This dealership, previously operated by Bret Moyer of Karl Auto Group, was acquired by Casey, Nick, and Matt Johnson of Johnson Automotive Group.

Karl Ford joined the Karl Auto Group in 2021 when its late founder, Carl Moyer, took over from the Gookin family. Beginning his career with a humble one-car showroom in 1978, Carl established Karl Chevrolet in Ankeny, Iowa, and worked tirelessly to create a network of reputable dealerships across the state. His son's dedication continues this legacy today, reinforcing trust with customers and prioritizing community values.

The Karl Auto Group has extended its dealership presence throughout Iowa, reaching areas like Ankeny, Marshalltown, Stuart, and Webster City while representing various vehicle brands including Chevrolet, GMC, Chrysler, Dodge, Jeep, and Ram. Following the completion of the sale, Bret Moyer remarked on the collaboration with Performance Brokerage Services, specifically praising the professionalism and clear communication provided by Matt Willis, an expert in dealership transactions. Moyer emphasized that this partnership facilitated a transaction that was seamless and aligned perfectly with the needs of both parties involved.

Performance Brokerage Services is well-established in the sector, with nearly 400 dealerships sold in just five years, holding the title of the highest volume dealership brokerage firm in North America. Both Paul Kechnie and Matt Willis, senior partners at the Texas-Midwest offices, acted as exclusive advisors for this deal, ensuring the process was conducted efficiently.

In taking the reins of Karl Ford, now to be named Story City Ford, Johnson Automotive Group's reputation within the Iowa automotive market continues to strengthen. This family-operated dealership organization led by Casey Johnson and his sons has been nurturing its presence since 1996, starting from a modest Ford dealership. The Johnsons are not just business proprietors; they are dedicated community members, consistently engaging in philanthropic activities such as the annual Thanksgiving Meal Project, where they provide thousands of meals to families in need.

Each year, their Wheels for Work program has made life easier for over 100 working families by granting them access to reliable vehicles needed for employment. The Johnson family has been honored with several awards, including the esteemed President's Award from Ford Motor Company and Toyota Motor Corporation, in recognition of their relentless commitment to excellence and service.

Throughout the acquisition of Karl Ford, Casey Johnson expressed his appreciation for the collaborative spirit fostered by Matt Willis and the Performance Brokerage Services team, highlighting their integrity and vast market knowledge. With Karl Ford's new chapter officially underway as Story City Ford, both the Johnson family and Moyer are set on futures filled with possibilities and community engagement.

In summary, the sale from Karl Auto Group to Johnson Automotive Group is a monumental step, demonstrating the healthy dynamics within the automotive buying and selling landscape. Performance Brokerage Services continues to lead in this realm, bringing knowledgeable representation to dealers across North America.

To learn more about Performance Brokerage Services and their transactions, visit Performance Brokerage Services.