Performance Brokerage Services, North America’s highest volume dealership brokerage firm, is pleased to announce the sale of Regency Chevrolet GMC in Uvalde, Texas from H.T. Langford, Jr. to Luis Alaniz, Jr.
Regency Chevrolet GMC has been servicing the Uvalde, Texas area since it was established in 1991. The dealership has transitioned ownership to Luis Alaniz, Jr., who owns additional dealerships in Goliad and Beeville, Texas. The Alaniz family has been in the automotive industry for over 50 years, starting with Luis Alaniz, Sr.
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. This transaction was exclusively facilitated by Performance Brokerage Services Midwest Office, managed by Paul Kechnie, Senior Partner.
Following the sale, Kechnie commented, “It was a pleasure assisting H.T. Langford, Jr. find the perfect buyer for Regency Chevrolet GMC. The Alaniz family has deep experience in the automotive industry and has an excellent reputation in the Texas communities they service, and I strongly believe that the dealership will flourish under their leadership. I wish Luis Alaniz, Jr. nothing but the best and look forward to working with him again in the future.”
The dealership will remain at its current location at 825 East Main Street in Uvalde, Texas.