Performance Brokerage Services Facilitates Phillips Hyundai Sale to Patriot Motors in Bourbonnais, Illinois

The Transition of Phillips Hyundai of Bradley to Patriot Motors

In a significant shift within the automotive dealership landscape, Performance Brokerage Services has successfully facilitated the sale of Phillips Hyundai of Bradley located in Bourbonnais, Illinois. This strategic acquisition marks a noteworthy moment for both the sellers, Phillips Auto Group, and the buyers, Patriot Motors.

Historical Overview of Phillips Auto Group

Founded in 1968 by Phillip Pascarella, Phillips Auto Group began its journey with a modest Chevrolet dealership in Frankfort, Illinois. Over the decades, the dealership blossomed under the leadership of Phillip's son, Curtis Pascarella. Since 1994, Curtis has driven the growth and expansion of their dealership, including the establishment of Phillips Hyundai of Bradley in 2017. From humble beginnings—operating out of a two-car showroom with just twelve employees—the company has expanded its footprint across Illinois, boasting multiple dealerships and a workforce of over 300.

The Sale Process

In the past five years, Performance Brokerage Services has emerged as a powerhouse in the dealership brokerage sector, having advised on the sale of nearly 400 dealerships. Pairing sellers with qualified buyers is their specialty, and they have again proven this expertise in the Phillips Hyundai transaction.

Senior Partners Paul Kechnie, Emily Bourne, and Matt Willis played pivotal roles in this transaction, serving as exclusive advisors. Emily Bourne expressed her enjoyment of working closely with Curtis Pascarella throughout the sale process, emphasizing the importance of aligning the sale with Curtis's desire to refocus on his Chevrolet dealerships. Through diligent conversations and strategic planning, they managed not only to meet Curtis's goals but also to introduce Shawn Kohli of Patriot Motors as a suitable buyer.

New Ownership and Future Plans

Patriot Motors, a family-operated business led by President Shawn Kohli, boasts an impressive portfolio with nine locations spanning across Illinois, Iowa, Pennsylvania, and Wisconsin. Their dealerships represent a variety of major automotive brands, including Toyota, Ford, and Hyundai.

As part of the acquisition, Phillips Hyundai of Bradley will be rebranded as Patriot Hyundai of Bradley and will relocate to a new facility on William R. Latham Senior Drive. This move signifies a fresh start under Patriot Motors’ management, promising operational growth and community engagement.

Shawn Kohli has expressed enthusiasm regarding the addition of Phillips Hyundai to his dealership group, noting that this transaction marks his third collaboration with Performance Brokerage Services. He praised Emily Bourne's professionalism and effective communication which significantly aided in expediting the sale.

Commitment to Community Engagement

Alongside business operations, Patriot Motors places high importance on community involvement. The dealership has shown its support for Mothers Against Drunk Driving (MADD), having raised over $25,000 in 2024 to further their significant mission of preventing drunk driving and saving lives. Kohli’s commitment to community welfare echoes across many of his business strategies, reinforcing Patriot Motors’ image as a responsible corporate citizen.

Conclusion

The sale of Phillips Hyundai of Bradley to Patriot Motors illustrates a positive development not only for the involved parties but also for the community and the automotive industry at large. This partnership opens avenues for enhanced service delivery and a stronger market position. Performance Brokerage Services has once again demonstrated its unmatched expertise in facilitating high-stakes transactions and fostering beneficial outcomes for both buyers and sellers in the automotive dealership sector.

For those looking to engage in dealership sales or acquisitions, Performance Brokerage Services stands out as an expert partner, ready to navigate the complexities involved in such significant transactions.

For more details about the services offered by Performance Brokerage Services, visit their official website.