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Stock impact report

After 20 Years, George C. Chaconas of Performance Brokerage Services Advises on the Sale of Motorcycles of Charlotte and Motorcycles of Greensboro in North Carolina to Sonic Automotive [Ya...

Sonic Automotive, Inc. (SAH) 
Last sonic automotive, inc. earnings: 4/29 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
This acquisition is part of Sonic Automotive's strategy to diversify their portfolio by establishing a powersports division, which was marked by the acquisition of 13 dealerships across South Dakota and Texas. Performance Brokerage Services, specifically George C. Chaconas, Senior Partner, Juan C. Pardo, Partner, and Courtney A. Bernhard, Partner of the Harley-Davidson & Powersports Division, served as the exclusive sell-side advisors for this transaction. Mark Engel, President of Motorcycles of Charlotte and Motorcycles of Greensboro, began his journey to success over 20 years ago when he, his wife Gail Engel, and Tony Ryan, purchased Motorcycles of Charlotte. The dealership quickly grew into one of the Southeast's top European motorcycle dealers, adding brands like Ducati, Triumph, and Royal Enfield. Performance Brokerage Services is North America's highest volume dealership brokerage firm, with over 30 years of experience, 900 dealerships sold, and a 90% closing rate. The com Show less Read more
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