NBB Insights:

SOLD: JN Hyundai of Honolulu

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NBB
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National Business Brokers is pleased to announce the sale of JN Hyundai, of Honolulu, Hawaii, from Brad Nicolai to Windward Auto Group.

Windward Auto Group is known as “Hawaii’s Dealer for the People'' and is famous for Partner Jerry “Jerry V” Romano’s commercials and billboards. The new name for the dealership is Jerry V’s Honolulu Hyundai. The group also owns Windward Hyundai and Windward Dodge Chrysler Jeep Ram, both of Kaneohe, HI.

Jerry Romano commented on the transaction, “Once again, Brady Schmidt and Gary Mull stepped up and delivered a smooth, successful transaction for me. This is the second deal I’ve closed with NBB in the last two years and I can’t say enough about how great they are to work with. They really do care about the success of the dealers they work with.”

Windward Auto Group is committed to supporting Hawaii’s large military community through programs like the USO, and the Equip Heroes program featuring special edition HERO Jeeps.

Brad Nicolai, President of JN Hyundai commented on the sale, “Easy communication with all parties allowed for a smooth transaction and experience. Happy we were able to smoothly transition the franchise and team. NBB did a great job with the process.”

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.
Media Contacts:
Andrew Backover: andy@leveecommunications.com; (214) 502-2168
Charles Nicolas: charles@leveecommunications.com; (214) 557-5454