2 dealership sales in Pacific Northwest
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We go out West for this round of dealership M&A.
Starting in Washington state, the Bud Clary Auto Group has purchased Auburn Volkswagen from Matt Welch, who acquired the dealership in 2006.
The news was shared in a release from Performance Brokerage Services, which facilitated the sale.
The family-owned Bud Clary Auto Group was founded in 1959 and has 14 stores in Washington representing 11 brands.
Bryce and Kelly Clary have been third-generation owners since 2016.
Bryce Clary said in a news release: “We would like to thank Jason Stopnitzky and Mark Shackelford of Performance Brokerage Services for their truly exceptional service. They helped find the perfect fit for our group, and their guidance throughout the process was invaluable. It could not have gone better with Matt Welch and Auburn Volkswagen, and Performance Brokerage Services made that happen. This is the third time working with Performance, and we are looking forward to working with them in the future!"
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Elsewhere in the Pacific Northwest, Performance Brokerage Services announced that Teton Auto Group has purchased Coos Bay Toyota in Oregon from brothers Guy and Lee Hawthorne.
Teton Auto Group, which Mario Hernandez and Jim Parker founded in 2005, has a presence in Idaho, Oregon, Nevada, Colorado and Washington.