Performance Brokerage Services, North America’s highest volume dealership brokerage firm, is pleased to announce the sale of Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram in Mount Pleasant, Iowa, from Coleman Automotive Group to Lani Automotive Group.
Founded in 2024 by Kyle Coleman, Coleman Automotive Group is an Iowa-based automotive group headquartered in Spirit Lake. Bringing more than 20 years of experience in automotive retail, Kyle established the group through the acquisition of three franchised dealerships in Spirit Lake and Estherville, Iowa. The group has continued to expand across the Midwest, acquiring Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram in 2025, with Performance Brokerage Services representing the seller. Shortly after, Performance Brokerage Services advised Kyle Coleman in 2026 on the acquisition of McGrath Nissan in Elgin, Illinois. Coleman Automotive Group now operates six dealerships across Iowa, Indiana, Illinois, and Ohio.
“Selling Mount Pleasant with Matt Willis and Performance Brokerage Services was a great experience from start to finish,” Kyle Coleman, President of Coleman Automotive Group said. “Matt understands this business, knows how to navigate the challenges that come with getting a deal across the finish line, and most importantly, does what he says he’s going to do. As Coleman Automotive Group continues to grow, our focus is on buying larger dealerships in larger markets, and I absolutely look forward to continuing to work with Matt and the Performance Brokerage Services team as we pursue those opportunities. This business is built on relationships and trust, and Matt has become both a trusted business partner and a good friend. I’m excited about what we can accomplish together in the years ahead.”
Over the last 5 years, Performance Brokerage Services has advised on the sale of nearly 450 dealerships, making it the highest volume dealership brokerage firm in North America. Paul Kechnie and Matt Willis, the Texas & Midwest Partners of Performance Brokerage Services, were the exclusive sell-side advisors for this transaction.
Matt Willis commented, “Transactions like this are why I love what I do. Kyle Coleman has become a close friend and an outstanding client through the deals we’ve completed together, and it was a privilege to represent him again in the Mount Pleasant sale. Helping Sam Saghbini and Sean Veilani become franchise dealers for the first time made this closing especially meaningful. Getting to the finish line took patience, hard work, and commitment from everyone involved. Seeing Sam and Sean realize their dream and begin building Lani Automotive Group made every challenge worth the effort. These are the relationships and experiences that make this business feel like so much more than a job. We get to help clients shape the next chapter of their legacy while others begin their own. It’s an amazing feeling, and I’m grateful to have been part of it.”
The acquisition of Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram marks Lani Automotive Group’s first franchised dealership and establishes a foundation for its growth in automotive retail.
Sam Saghbini and Sean Veilani of Lani Automotive Group shared, “Buying our first franchised dealerships was a huge milestone for us, and having Matt Willis and Performance Brokerage Services involved made all the difference. There were plenty of hurdles along the way, and getting to the finish line took patience, persistence, and people who knew how to keep everything moving. Matt stayed engaged, helped us work through challenges, and brought the right people together when we needed them. Although PBS represented the seller, we always felt that Matt cared about our success, too. He took the time to answer our questions, talk through the next steps, and help us navigate a process that was new to us. His experience and commitment were a big part of making this acquisition happen. Matt and the PBS team are a one-stop shop for dealership buy-sells, with the relationships and knowledge to help bring all the pieces together. We are proud to begin this chapter with Lani Automotive Group, and this won’t be our last dealership purchase with PBS. We want to continue growing with Matt and his team, and we look forward to building on the relationship that helped us get our start.”
Mount Pleasant Chevrolet GMC Chrysler Dodge Jeep Ram will continue operations under the same name and will remain at its current location.
