Latest News & Events


Jones Equipment Rental, 2 Locations in Michigan, Acquired from Mike & Sue Jones

Performance Brokerage Services, North America’s highest volume dealership brokerage firm, is pleased to announce the sale of Jones Equipment Rental in Fort Gratiot and Marysville, Michigan.

Jones Equipment Rental has been family owned since lifelong residents of Fort Gratiot, Mike and Sue Jones, opened their first location in 1995. Mike and Sue opened a second location in Marysville in 1997. Prior to opening Jones Equipment Rental, Mike Jones was General Manager of a large equipment rental operation in the Detroit area.

Both locations were authorized dealers and distributors for Kubota, Land Pride, and Honda. Jones Equipment Rentals proudly offered rental services that large chain stores often do not, including impeccable equipment maintenance, on-site assistance with selecting equipment, and safety demonstrations from skilled staff members.

Following the sale, Mike Jones commented, “We cannot speak highly enough of Pat Albero and Performance Brokerage Services. Throughout the entire process, Pat and his team were there for my family, providing guidance and support every step of the way. Their knowledge and expertise were apparent from the outset, and they were able to secure a buyer who truly understood the value of my dealership and its significance in our local community. With Pat’s help, we were able to achieve maximum value for our dealership and ensure that our employees’ futures are secure. If you’re looking to sell your dealership and want a team that will work diligently to ensure your goals are met, we highly recommend contacting Performance Brokerage Services. Thank you for all your hard work!”

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 Equipment & Commercial Truck Divisions, managed by Patrick Albero, Senior Partner, and Dan Argiro, Senior Partner.

Albero remarked, “I am honored to have had the opportunity to play a vital role in the successful sale of Jones Equipment and to have helped Mike and Sue Jones achieve their goals. Working with a passionate seller who was dedicated to preserving the legacy of their business was truly inspiring. My team and I worked tirelessly throughout the entire process to identify the perfect buyer that not only recognized the value of the dealership but also shared the sellers’ values and vision. It was immensely satisfying to see the deal come to fruition, knowing that we had not only maximized the value of the dealership but also secured its future.”

Sign up for our newsletter