Performance Brokerage Services, the leader in dealership
buy-sell activity, announces the sale of Durand Chevrolet in
Hudson, Massachusetts to Copeland
Auto Group.
IRVINE,
Calif., June 28, 2024 /PRNewswire-PRWeb/ --
Performance Brokerage Services, North
America's highest volume dealership brokerage firm, is
pleased to announce the sale of Durand Chevrolet in Hudson, Massachusetts to Todd Copeland, Glenn
Hoffman, and Dawson Luke of
Copeland Auto Group.
"Matt
Wilkins and Performance Brokerage Services were very
responsive whenever I had a question and worked hard to finalize a
good deal for two parties. I am already talking with them again
about their services with anything that might come up in the
future."
Durand Chevrolet was established in 1949 by the Durand family
and moved to its current location in 1990.
Copeland Auto Group consists of 5 dealership locations in
Massachusetts, representing
Chevrolet, Subaru, and Toyota. Dealer Principal, Todd Copeland, grew up in the automotive
industry. His father, John Copeland,
owned his first dealership in 1970, working alongside Todd and
managing numerous locations. Todd continues the entrepreneurial
pursuit set forth by his father.
Todd Copeland shared, "I'm glad
Performance Brokerage Services put me together with the seller.
They were very fair and equitable throughout the whole process.
Most importantly, Matt Wilkins and
Performance Brokerage Services were very responsive whenever I had
a question and worked hard to finalize a good deal for two parties.
I am already talking with them again about their services with
anything that might come up in the future."
Over the last 5 years, Performance Brokerage Services has
advised on the sale of over 300 dealerships, making it the highest
volume dealership brokerage firm in North
America. Gershon Rosenzweig,
Senior Partner, Matt Wilkins,
Partner, and Jacob Stoehr, Partner
of the Northeast Office for Performance Brokerage Services were the
exclusive advisors for this transaction.
After the sale, Matt Wilkins
stated, "We were honored to work with the owner of Durand Chevrolet
and help pass on the legacy built by the Durand family. We couldn't
have asked for better individuals to acquire the business than
Todd Copeland, Glenn Hoffman, and Dawson Luke. David
Turner, Chief Financial Officer of Copeland Auto Group,
played an integral role in the process, and made the closing of
this transaction feasible. All parties involved worked cohesively
together from start to finish, operating with the utmost
professionalism and integrity."
Durand Chevrolet will be renamed Copeland Chevrolet Hudson and will remain at its
current location 223 Washington Street in Hudson, Massachusetts.
About Performance Brokerage Services
Performance Brokerage Services, Inc. is North America's highest volume dealership
brokerage firm, specializing in buy-sell activity for automotive,
RV, commercial truck, powersports, and equipment dealerships.
With over 30 years of experience, 900 dealerships sold, and a
90% closing rate, the company's reputation is unmatched and
governed by the utmost ethical conduct and integrity.
The company offers a unique approach by providing complimentary
estimates of value with no upfront fees or retainer, no
reimbursement of costs, and paid a success fee only after the
transaction closes.
Headquartered in Irvine,
California, and supported by 9 regional offices in
Utah, Texas, Illinois, Florida, Virginia, Ohio, New
Jersey, Alberta and
Ontario, clients benefit from
national exposure with local representation.
As trusted and respected experts in the field, the company
utilizes an extensive network of industry related attorneys,
accountants, hundreds of registered buyers, and longstanding
relationships with various vehicle manufacturers.
For more information about the services offered by Performance
Brokerage Services, visit
https://performancebrokerageservices.com.
Media Contact
Gershon Rosenzweig, Performance
Brokerage Services, 201.338.7993,
gershon@performancebrokerageservices.com,
https://performancebrokerageservices.com/
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SOURCE Performance Brokerage Services