Performance Brokerage Services advises on the sale of Legacy Truck Centers, 9 dealerships in Pennsylvania and West Virginia | News

IRVINE, Calif., February 15, 2022 /PRNewswire-PRWeb/ — Performance Brokerage Services, North America the largest dealership brokerage firm, is pleased to announce the sale of Legacy Truck Centers, 9 dealerships to Pennsylvania and West Virginiafrom Matt and John Niebauer at M&K Truck Centers.

Matt and John Niebauer started working at their father’s company, WW Engine Supply, when they were just teenagers. In 2015, they purchased their father’s business and created Legacy Truck Centers. Matt served as President while John served as Vice President, and both were instrumental in growing the business.

The sale included 9 dealership locations in Pennsylvania and West Virginiaan online parts store and a Fire & Rescue Products (FRP) company that operates from the Harrisburg site.

M&K Truck Centers has retained nearly all Legacy Truck Centers employees, including former owners, Matt and John Niebauer.

Following the sale, Matt Niebbauer commented, “Buying and selling a dealership is a complex process, and finding the right buyer, at the right price, is even more difficult. I contacted Dan Argiro at Performance Brokerage Services when my brother John and I were considering selling our dealer group. I liked that Dan specializes in commercial truck dealerships and wanted to learn more about the process. We finally hired Dan and Performance, and they didn’t let us down. Dan always did what he said and eventually got away with it. He was always available and in constant communication. Dan helped guide us through the process; from collecting the best data to value our business, to meeting and negotiating with potential buyers, to closing, and continuing to follow up weeks later. He delivered on his promise to bring in an honorable and trustworthy buyer to carry on the legacy of our dealership group. Along with your attorney and CPA, Dan is the type of broker you want to have on your team if you’re buying or selling a dealership. We definitely recommend Dan Argiro and performance brokerage services. Thanks to Dan, I now enjoy great days with M&K!”

Over the past 5 years, Performance Brokerage Services has advised the sale of over 250 dealerships, making it the largest dealership brokerage firm in North America. In 2021, the company completed over 72 transactions, marking a record year. Dan Argirothe exclusive agent for this transaction and head of the commercial truck division for Performance Brokerage Services, said, “It was an honor to work with Matt and John Niebauer on the sale of Legacy Truck Centers to Ron Meyer at M&K Truck Centers. Each transaction is unique in its own way, but this one was a bit more special. I’m from Western Pennsylvania and have walked past a few Legacy locations for years. The fact that I was able to play a part in advising Matt and John on selling to M&K is something my family and I can be proud of as I walk past new M&K locations in the years to come. Legacy has a fantastic reputation in the areas they serve, and selling to Ron Meyer and his team at M&K will only enhance that reputation. It’s really gratifying to know Matt and John Niebauer can capitalize on the work they have done in the business since their teenage years.”

According to their website, M&K Truck Centers is a full-service dealership of new and used luxury sport trucks, trailers and coaches. The organization’s comprehensive service offerings include finance, leasing and rental services as a member of NationaLease, maintenance and repair on all makes and models with over 350 service stands and one of the largest parts inventories in the industry.

The acquisition expands the company’s presence to 29 locations in five states, including Michigan, Indiana, Illinois, Pennsylvania and West Virginia. The statewide expansion of Pennsylvania more West Virginia will create a network of locations for customers traveling on the major I80, I90, I76 and I70 corridors between most major East Coast cities and the upper Midwest.

Ron MeyerCEO of M&K Truck Centers, said: “It was a pleasure to work with Dan Argiro and performance brokerage services. Dan was instrumental in the acquisition of Legacy Truck Centers. His professionalism, integrity and honesty were second to none. Dan is the gentleman you want to have in your corner if you are looking for an acquisition or if you want to find a good buyer for your dealership. I look forward to working with Dan and Performance on future acquisitions.”

Based at Byron, Mich., M&K has been in business since 1989 and has received numerous industry awards over the past 30 years. Recent awards include: Dealer of the Year for Volvo Trucks in North America 2019, 2015, 2014 and 2008; Central Region Dealer of the Year for Volvo 2019, 2017 and 2007; World leader in volume sales of Volvo Trucks in 2017; Central Region Dealer of the Year for Mack Trucks 2016, 2015 and 2014.

Dealerships will remain at their current locations at Altoona, Bedford, Brookville, Erie, Harrisburg, Milesburg, New Stantonand Somerset, Pennsylvaniaand Wheeling, West Virginia.

About Performance Brokerage Services

Performance Brokerage Services, Inc. is North America highest-volume dealer brokerage firm specializing in buy-sell business for automobile, commercial truck, motorcycle, recreational vehicle and equipment dealers.

With over 25 years of experience, 700 dealerships sold and a 90% closure rate, the company’s reputation is unmatched and governed by the highest ethics and integrity.

The company offers a unique approach by providing free value estimates with no upfront fees, no fee refunds, and paying a success fee after the deal closes.

Based at Irvine, Californiaand supported by 7 regional offices in Utah, Florida, Texas, Ohio, Virginia, New Jerseyand Canadaclients benefit from national visibility with local representation.

As trusted and respected experts in the field, the company utilizes an extensive network of attorneys, accountants, hundreds of registered buyers, and longstanding relationships with most automakers.

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

Media Contact

Dan ArgiroPerformance Brokerage Services, (703) 937-1004, [email protected]

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SOURCE Performance Brokerage Services

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