Performance Brokerage Services, the leader in dealership
buy-sell activity, announces the sale of Courtesy Acura in
Lexington, Kentucky from
Patti Swope and Jeff Wood of Tom Wood Auto Group to Don Jacobs of Don Jacobs Auto Group.
IRVINE,
Calif., May 1, 2024 /PRNewswire-PRWeb/ --
Performance Brokerage Services, North
America's highest volume dealership brokerage firm, is
pleased to announce the sale of Courtesy Acura in Lexington, Kentucky from Patti Swope and Jeff
Wood of Tom Wood Auto Group to Don
Jacobs of Don Jacobs Auto Group.
"Mark
Shackelford at Performance Brokerage Services helped
everyone involved in this transaction. If anyone is considering
selling their dealership, I would certainly recommend Mark to
assist them." - Don Jacobs, Don
Jacobs Auto Group
Courtesy Acura was established over three decades ago by
Sam Swope and Tom Wood. John
Wood, Executive Vice President and Chief Operating Officer
of Tom Wood Auto Group shared, "We'd like to thank Mark and his
team. Mark's persistence and unflappable demeanor were essential to
navigating the various issues that are bound to come up during a
buy sell. He kept us all on track and was a big part of getting
this over the finish line!"
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. Paul Kechnie, Senior
Partner, and Mark Shackelford Sr.,
Partner of the Texas & Midwest
Offices for Performance Brokerage Services were the exclusive
advisors for this transaction.
Mark Shackelford, Sr. commented,
"I have known both Jeff Wood and
Don Jacobs for over a decade, and
recently met Patti Swope as I worked
with them on putting this transaction together. They were a
pleasure to deal with and made it a seamless transaction. I look
forward to seeing them have continued success."
Don Jacobs Auto Group has been proudly serving the Lexington community and surrounding areas
since 1970. Don Jacobs Auto Group owns BMW, Volkswagen, Honda, and
Acura dealerships, and is a proud recipient of the BMW Center of
Excellence Award, the Volkswagen Customer First Award, and the
Honda President's Award.
Don Jacobs Auto Group prides themselves on their charitable
contributions to the local community. Recently, Don Jacobs Auto
Group donated $20,000 to local
organizations supporting homeless, women, children, and
families.
Don Jacobs stated, "Sam Swope and Tom
Wood started Courtesy Acura in 1985 and the dealership was
passed down to their children Patti
Swope and Jeff Wood. My dad
became the Honda dealer in 1970 so it's an honor for us to acquire
the Acura store from the Swope-Wood families after all of these
years." Jacobs added, "Mark
Shackelford at Performance Brokerage Services helped
everyone involved in this transaction. It's important to use
professionals in the process and Mark did a great job representing
the sellers by clearly communicating their goals. He then assisted
me as the buyer in working through all of the contract details and
the application process. His involvement and services benefited all
parties as he streamlined the communication process. If anyone is
considering selling their dealership, I would certainly recommend
Mark to assist them."
Courtesy Acura will remain at its current location at 125 Rojay
Drive in Lexington, Kentucky.
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
Mark Shackelford Sr., Performance
Brokerage Services, 330.825.3754,
mark@performancebrokerageservices.com,
https://performancebrokerageservices.com/
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