Le Lézard
Classified in: Transportation, Business
Subject: TNM

Delehanty Ford in Flushing, Michigan Sells to LaFontaine Automotive Group with help from Performance Brokerage Services


IRVINE, Calif., Nov. 25, 2020 /PRNewswire-PRWeb/ -- Performance Brokerage Services, North America's highest volume new car dealership brokerage firm, is pleased to announce the sale of Delehanty Ford in Flushing, Michigan from John and Mike Delehanty to LaFontaine Automotive Group.

In 1947, Edward Delehanty founded Delehanty Pontiac in Michigan. Over 60 years later, his two sons, John Delehanty and Mike Delehanty, acquired Delehanty Ford in 2009. The dealership employs nearly 40 individuals and sold over 500 vehicles in 2019. The Delehanty family hired Performance Brokerage Services to advise them in the sale of their dealership.

Over the last 5 years, Performance Brokerage Services has represented for sale over 200 automotive dealerships making it the highest volume automotive dealership brokerage firm in North America. Paul Kechnie, the exclusive agent for this transaction and the Midwest Partner for Performance Brokerage Services commented, "With a legacy of over 70 years in the automotive industry, it was a privilege to work with the Delehanty Family. We thank them for the opportunity to be of service. The LaFontaine Automotive Group brings tremendous experience and a stellar reputation. We wish them great success with their acquisition!"

In 1980, Michael LaFontaine, Sr. and Maureen LaFontaine founded the nationally-recognized LaFontaine Automotive Group, which includes 20 retail locations and six collision centers, employing over 1,600 people. The LaFontaine family and team members have made it their mission to provide a personalized automotive experience that builds lifelong relationships that connect families and strengthen communities. LaFontaine Automotive Group is ranked by Automotive News as the 52nd largest dealer group in the U.S., selling over 35,000 vehicles in 2019.

"With two dealerships in Genesee County, we are focused on continuing to foster lifelong relationships with residents and businesses alike, and with this new location, we will be able to increase our support and make a greater impact on those living and working in the surrounding communities." said Kelley LaFontaine, Vice President, LaFontaine Automotive Group.

"The Delehanty's are a great family and are well-respected in Genesee County, having a long history of giving back to their local community," added Ryan LaFontaine, COO of LaFontaine Automotive Group. "Their customer and community-first mindset aligns perfectly with our mission. We are committed to continuing on the legacy the Delehanty family has created over the past 70 plus years and will be pouring our passion into the community."

The dealership will remain at its current location at 1510 East Pierson Road in Flushing, Michigan and will be renamed LaFontaine Ford of Flushing.

About Performance Brokerage Services

Performance Brokerage Services, Inc. is the nation's highest volume dealership brokerage firm, specializing in intermediary services to buyers and sellers of automotive, commercial truck, motorcycle, RV and equipment dealerships.

Performance Brokerage Services offers a unique approach by providing complimentary dealership assessments, no upfront fees, no reimbursement of costs and is paid a success fee only after the transaction closes.

Clients benefit from utilizing an extensive network of industry related accountants, attorneys, hundreds of registered buyers and longstanding relationships with most of the auto manufacturers.

With corporate offices in Irvine, California, and 5 regional offices in Utah, Florida, Texas, Virginia and New Jersey, Performance Brokerage Services provides its clients national exposure with local representation.

After 25 years, 700 transactions and with a 90% closing rate, the company's reputation is unmatched and governed by the utmost ethical conduct, integrity and transparency.

For more information about the services offered by Performance Brokerage Services, visit https://performancebrokerageservices.com.

Media Contact

Jason Stopnitzky, Performance Brokerage Services, Inc., (949) 461-1372, jason@performancebrokerageservices.com

Twitter, LinkedIn, Facebook

 

SOURCE Performance Brokerage Services, Inc.


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News published on 25 november 2020 at 03:00 and distributed by: