Truck services

Performance Brokerage Services advises on the sale of 6 Westfall-O’Dell commercial truck dealerships to Nextran Truck Centers | New

IRVINE, Calif., October 2, 2021 / PRNewswire-PRWeb / – Performance Brokerage Services, the leading buy-sell advisor to automotive and commercial truck dealerships, is pleased to announce the sale of Westfall-O’Dell to Nextran Truck Centers. The acquisition is one of the largest Volvo Trucks or Mack Trucks acquisitions of concessions over the past five years. The purchase included 6 new vehicle dealers and a parts distribution center located in Kansas, Missouri, Colorado, and Wyoming. It will expand Nextran’s footprint from 18 locations across Florida, Georgia, and Alabama at 25 locations. The addition of Westfall-O’Dell will also add GMC Trucks and Kalmar Ottawa to Nextran’s franchise lineup. The transaction was exclusively facilitated by Dan Argiro, commercial truck partner for performance brokerage services.

Kansas CityThe Westfall-O’Dell dealer group, based in Westfall-O’Dell, has been a family business since 1951. Volvo Trucks representative, Mack Trucks, GMC Trucks, Isuzu Trucks and Kalmar Ottawa, it has grown into one of the Midwest’s most respected dealer groups. Mark O’Dell, President of Westfall-O’Dell Dealer Group, said: “This is the second transaction we have completed with Dan Argiro and the performance brokerage team. It has been excellent working with Dan as a trusted advisor, and the Performance Brokerage Services team is top notch. Dan was instrumental in finding the right buyer for our dealerships and was always available when we needed him. He sold our entire dealer portfolio, but if I had one more to sell I’d call Dan without thinking twice. I now look forward to enjoying my retirement and spending time with my family in the years to come. “

Over the past 5 years, Performance Brokerage Services has represented more than 250 car dealers for sale, making it the car dealer brokerage company with the highest volume of North America. Dan Argiro commented: “It was a pleasure to represent Mark O’Dell and its partners in the sale of their concessions to Jon pritchett and Nextran. It’s exciting to be an integral part of life-changing transactions for both parties. This strategic acquisition by Nextran marked a perfect fit to expand their dealer network in the Midwest. As an industry expert, I see OEMs striving to consolidate their dealer networks into fewer primary dealers with a larger footprint. This strategy works well for groups looking to grow, as well as major dealers and their families looking to retire or move on to the next chapter in their lives. “

Nextran Truck Centers is a full-service commercial truck dealer network that was established in 1993. According to their website, Nextran is the best-selling Mack Trucks dealer network in North America, with 18 strategically positioned locations along key points of major transportation routes across United States. Nextran sells and services medium and heavy trucks from top manufacturers such as Volvo Trucks, Mack Trucks, Isuzu, HINO and Ford. Nextran also operates a fleet of over 800 units through its Nextran Truck Centers Rental & Leasing division. The acquisition will bring Nextran’s operations to more than 1,200 team members, 440 service areas and expected annual sales of more than 4,500 new and used commercial trucks at their 25 sites in 7 states.

Following the transaction, the Chairman and CEO of Nextran, Jon W. Pritchett, commented, “Dan Argiro and Performance Brokerage Services did an outstanding job helping us facilitate this transaction. As we continue to expand, I appreciate Dan giving us this opportunity. This has proven to be a perfect fit for our growth and acquisition strategy. Communication has been excellent throughout. Dan is hardworking, honest and ethical. I would recommend him and Performance Brokerage Services to buy or sell a dealership. “

About performance brokerage services

Performance Brokerage Services, Inc. is the nation’s largest volume dealer brokerage firm specializing in intermediary services to buyers and sellers of automobile, commercial truck, motorcycle, recreational vehicle and automotive dealerships. equipment.

Performance Brokerage Services offers a unique approach by providing free dealership valuations, no upfront fees, no refunds of fees, and success fees are only paid after the deal is closed.

Customers benefit from the use of an extensive network of accountants, lawyers, hundreds of registered buyers, and long-standing relationships with most automakers.

With offices in Irvine, California, and 5 regional offices in Utah, Florida, Texas, Virginia and New Jersey, Performance Brokerage Services offers its clients national exposure with local representation.

After 25 years, 700 transactions and a 90% close rate, the company’s reputation is unmatched and governed by the highest ethics, integrity and transparency.

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

Media contact

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

SOURCE Performance Brokerage Services


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