Performance Brokerage Services Facilitates Ball Volvo Sale to M&K Truck Centers in Kahoka, Missouri
Ball Volvo's Legacy Continues with Sale to M&K Truck Centers
Performance Brokerage Services, recognized as the premier dealership brokerage in North America, recently announced the significant sale of Ball Volvo in Kahoka, Missouri, from the Ball family to M&K Truck Centers. This transition marks an important chapter for both parties involved, retaining legacy while paving the way for future developments.
Established in 1973 by Kenney and Carla Ball, Ball Volvo Truck & Tire Center has remained a family-operated business throughout the decades. As the dealership prepares for retirement after 51 years, the Ball family reflected on their journey, highlighting the challenges they faced in finding a buyer who would honor their commitment to the community and respect their long-standing employees.
The decision to sell was not made lightly; they sought an ideal partner who would carry forth their legacy. Spearheading the sale, the Ball family engaged Performance Brokerage Services for their deep expertise in the buy-sell market for dealerships. This decision was influenced by a recommendation from another dealer who had previously worked with Performance.
During initial discussions, the specialized team, including senior partners Dan Argiro and Pat Albero, worked closely with the Ball family to understand their values, history, and operational culture. This rapport fostered a substantial trust that proved vital throughout the sales process. As the family shared their adventure, they emphasized their commitment to employees and customers which has been the backbone of their 51-year history in the business.
After careful consideration, the Ball family concluded that M&K Truck Centers would be the right fit to carry their legacy into the future. Ron Meyering, the founder of M&K Truck Centers, echoed these sentiments, expressing his excitement about the acquisition. M&K Truck Centers, established in 1989, has significantly grown its business and reputation, now operating 29 locations across multiple states.
This transaction signifies a continuation of valued relationships and community involvement, which both companies prioritize. M&K Truck Centers aims to uphold the legacy of Ball Volvo, ensuring a smooth transition for the business and its dedicated employees at its existing location on U.S. Highway 136 in Kahoka.
The sale also emphasizes Performance Brokerage Services' commitment to facilitating successful transactions within the dealership industry. With over 300 dealerships sold in the past five years, they are recognized as industry leaders, making the sale seamless for both buyers and sellers alike.
In conclusion, the Ball family's dedication to their dealership, combined with the integrity and professionalism of Performance Brokerage Services and M&K Truck Centers, ensures that the spirit of Ball Volvo will endure as it transitions into a new era. The Ball family is now looking forward to enjoying their retirement and staying active in their local community, making room for new adventures and cherished family moments.