Performance Brokerage Services, North America’s highest volume dealership brokerage firm, is pleased to announce the sale of Subaru of Midland Odessa in Texas from Bob Moore Auto Group to Cavender Auto Family.

Bob Moore Auto Group began in the 1950’s when Robert W. Moore opened Bob Moore Oldsmobile in Wichita, Kansas. After relocating to Oklahoma City, Moore purchased one of the oldest Cadillac dealerships in 1970. In 1998, Bob’s son, Mark Moore, stepped into his father’s role of President and Chief Executive Officer, carrying on the family legacy and growing the business. The group has since expanded to operate a network of 15 dealerships in Oklahoma and has become the largest privately-owned auto group in the state. 

Over the last 5 years, Performance Brokerage Services has advised on the sale of over 300 dealerships, making it the highest volume dealership brokerage firm in North America. In 2022, the company consummated 92 transactions, marking a record-breaking year. Paul Kechnie, Senior Partner of the Texas & Midwest Office for Performance Brokerage Services was the exclusive advisor for this transaction.

Cavender Auto Family has been in business since 1939, proudly servicing Texas and Oklahoma. It all started when James Cavender bought a local Oldsmobile dealership in San Antonio, Texas. James’ twin sons, Jimmy and Billy, joined their father at the dealership, learning as much as they could about the business. In 1979, they worked together to acquire a Cadillac dealership, allowing both Jimmy and Billy to each manage a dealership. Third generation Cavender family members, Stephen and Rick, entered the automotive industry in the mid-1980’s, and are currently leading the group. As of 2023, Cavender Auto Family ranks #39 on Automotive News Top 150 Dealership Groups.

Subaru of Midland Odessa will be renamed Cavender Subaru of Midland Odessa and will remain at 3917 West Wall Street in Midland, Texas.