Walt Massey Auto Group Acquires 3 Dealerships in Mississippi from Mack Grubbs
January 4, 2021
Performance Brokerage Services, a new car and Harley-Davidson dealership broker is pleased to announce the sale of Mack Grubbs Motors of Columbia, Mississippi from Mack Grubbs to Walt Massey Auto Group.
Mack Grubbs Motors has been owned by the Grubbs family for over 24 years. The dealerships offer Ford, Chevrolet, Chrysler, Dodge, Jeep and Ram, allowing them to service the community and meet the customer needs with a variety of inventory. The dealership has prided itself on a laid-back and friendly atmosphere without the pushy salesman environment, which has kept loyal customers returning for many years. It’s fitting that their philosophy of getting it right the first time and treating customers how they want to be treated has earned them the business for life. Following the sale, Grubbs commented, “After careful consideration about selling my car stores to slow down and semi-retire, I contacted George Chaconas of Performance Brokerage Services. Shortly thereafter and before the pandemic, George came to visit and I hired him. We then met again at his company’s tradeshow booth at NADA in Las Vegas. This past summer, he identified a well-qualified and motivated buyer. We had a relatively easy closing with the normal stresses. I would like to thank George for his expertise and professionalism. I would sincerely recommend him when considering selling your car dealership.”
Over the last 5 years, Performance Brokerage Services has represented for sale over 200 automotive dealerships making it the highest volume automotive dealership brokerage firm in North America. George C. Chaconas, the exclusive advisor for this transaction and the Southeast Partner for Performance Brokerage Services commented, “I am happy and proud to have exclusively represented Mack Grubbs in the sale of his dealerships outside of Hattiesburg, Mississippi especially during the pandemic. It was a pleasure working with him and his family to plan for the future. I wish them well. I was able to get to know Walt Massey on another opportunity. Walt was great to work with and always did what he said he would do. I am grateful to have helped him continue his success in growing his dealership group. I wish Walt and his team great success in growing his automotive dealership group and look forward to the opportunity to be of service in the near future!”
Walt Massey has been a household name since 1993 throughout South Mississippi and Alabama. His dealerships have built a reputation of customer service excellence, ensuring their clients have the best experience possible. The Massey team has built a reputation for being a premier dealership serving communities in Alabama and South Mississippi. All of Walt Massey’s service technicians are trained through General Motors and certified by the state of Mississippi. Massey stated, “If it weren’t for George, this deal might not have happened. I called him for advice on a different matter and he talked about an opportunity I should not pass up. He was exactly right, and I am grateful to him and his team. He was always a phone call away and followed up with me regularly. Thank you, George, for giving me this opportunity!”
The dealerships will remain at their current locations under the new name Walt Massey Chevrolet Buick GMC at 1480 Highway 98 East Columbia, Mississippi 39429, Walt Massey Chrysler Dodge Jeep Ram at 1470 Highway 9 E, Columbia, Mississippi 39429 and Walt Massey Ford at 1494 Highway 98 East Columbia, Mississippi 39429.
The buyer was represented by John T. Dukes of Helmsing Leach Attorneys at Law.