NBB Insights:

SOLD: Hyundai of Glendale, California

NBB
by
NBB
Sign in front of Glendale Hyundai

National Business Brokers is pleased to announce the sale of Hyundai of Glendale, CA, from John Hurry to US Auto Trust.

John Hurry commented, “As an absentee owner there were a lot of complications to the deal that could have made it a difficult process. Brady Schmidt’s and Gary Mull’s expertise, professionalism, and patience really helped me get this deal done. I would also be remiss if I didn’t mention that they brought me ‘“the unique buyer” in Matt Kaiser and US Auto Trust. They were patient and very good to work with as well.”

US Auto Trust owns a strong line-up of luxury and highline dealerships in its portfolio of stores, including Aston Martin in Newport Beach and San Diego, California, and Jaguar Land Rover in Newport Beach and San Jose, California.

“We are thrilled to add Hyundai to our growing portfolio. Hyundai has an incredible line up and is well positioned for the electric future. Hyundai of Glendale will also undergo a complete renovation to better serve our customers” said Edward Glazer, CEO of US Auto Trust.

The dealership will retain the name Glendale of Hyundai and will remain at its current location at 411 S Brand Blvd, Glendale, CA.

About NBB:
NBB has been the automotive sector’s trusted source and valued partner for M&A advisory services for nearly five decades. Founded in 1978, NBB has grown into one of the largest and most experienced automotive M&A advisory firms in the U.S., having facilitated more than 950 new car dealership and 4,500 total M&A transactions. With offices in California, Arizona, Florida, Michigan, New York and Texas, NBB provides a full range of services to clients for M&A transactions nationwide. The firm leverages its deep industry knowledge, proprietary market insights, and decades of transaction expertise to help clients successfully achieve their goals. NBB is one of the flagship portfolio companies of Accrual Equity Partners (AEP), a uniquely positioned private equity firm that identifies, invests in, and partners with scalable companies in highly fragmented industries that are poised to reach the next level.
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Andrew Backover: andy@leveecommunications.com; (214) 502-2168
Charles Nicolas: charles@leveecommunications.com; (214) 557-5454