Performance Brokerage Services, North America’s highest volume dealership brokerage firm, is pleased to announce the sale of Genesis of Glenview, Illinois, to Joe Ghaben.
Founded in 2004, Ghaben Auto Group is an Illinois-based automotive group led by Joe Ghaben, who for more than two decades has built a presence throughout the Chicago area. The group operates Volkswagen of Oak Lawn and Volkswagen of Orland Park, Illinois, as well as Ultimo Motors, a luxury pre-owned dealership with locations in Northbrook and Westmont.
“Working with Performance Brokerage Services on the acquisition of Genesis of Glenview was a great experience,” Joe Ghaben said. “Their team was professional, responsive, and solutions-oriented throughout the transaction, working through the details to help get the deal across the finish line.
We’re excited to open a brand-new Genesis facility in Glenview and look forward to a very bright future for the brand. I appreciated working with Performance Brokerage Services and would gladly work with their team again.”
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 shared, “It was a privilege for our Midwest and Texas team to represent the seller confidentially and bring together two parties who shared a commitment to getting the transaction across the finish line. Our responsibility was to identify the right buyer — one with the experience, financial strength, and long-term vision to navigate a complex transaction and successfully carry the dealership forward. Joe Ghaben proved to be exactly that. His professionalism, persistence, and enthusiasm for the Genesis brand made him an excellent fit, and we are proud to have connected the parties and helped create an exciting new chapter for Genesis of Glenview.”
Genesis of Glenview will continue to operate under the same name and will be relocated to 2929 Patriot Boulevard in Glenview, Illinois.
