ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

TIM LAMB GROUP BROKERS SALE OF GIBBONS FORD DEALERSHIP TO TASCA AUTOMOTIVE GROUP IN DICKSON CITY, PENNSYLVANIA

Columbus, OH, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Rob Lee, Director of the Tim Lamb Group’s Northeast Region, the largest auto dealership sales and acquisitions firm in North America, has brokered the sale of the Gibbons Ford Dealership in Dickson City, PA to Rhode Island based Tasca Automotive Group. The sale came after the announcement that Gibbons Ford owner for the last 20 years, John Grow, was retiring. Lee helped facilitate the deal which closed on December 5, 2022. The dealership is now known as Tasca Ford Dickson City and is located at 704 Martin F. Gibbons Blvd. in Dickson City, PA.

Grow’s hope was to find a company who would share the same values and to keep with the family-oriented dynamic that he strived for at Gibbons Ford. Lee connected Grow with Tasca Automotive Group, a four-generation family owned and operated business, who agreed to honor Grow’s wish with the purchase of the dealership.

“This deal took about eight months to finalize,” stated Lee. “As a broker, I act as a trustworthy resource for both the buyer and the seller. The process starts with finding a buyer that will be the right fit for the seller and continues with making sure that both parties have everything negotiated and organized prior to the final signing.”

“We understand how important honesty, integrity, and customer satisfaction are to a company,” stated Bob Tasca III, Vice President with Tasca Automotive Group. “These values and principles are the same ones that we have been committed to providing since my great grandfather Bob Tasca Sr. founded Tasca Automotive Group in 1943 and we are happy to carry them on at Tasca Ford Dickson City.” With the sale of the dealership, Tasca has retained all of Gibbons 71 employees.

The 47,500 sq. ft. dealership is located at 704 Martin F. Gibbons Blvd., in Dickson City, PA. and features a vast selection of new and used vehicles as well as a service center that includes 28 service stalls.

“This is our first dealership in Pennsylvania, and we are excited to be expanding into a new market and providing a stress-free car shopping experience with exceptional car care and customer service,” stated Tasca.  Tasca has 30 additional locations in Rhode Island, Massachusetts, Connecticut, Illinois, Florida, New York, and Missouri.

For more information on Tim Lamb Group visit, https://timlambgroup.com/

 

About Tim Lamb Group

Since 2006, Tim Lamb Group has been the number one choice for dealers looking to sell, or purchase, a new vehicle dealership. Twelve regional directors handle billions of dollars per year in transactions for multiple dealer operators in every part of the United States and Canada. The Group has leveraged their factory management experience and retail dealership background to become the largest auto dealership sales and acquisitions firm in North America. For more information and dealership offerings, visit www.timlambgroup.com.


Dawn Kelley
Expand Marketing Group
734-765-1429
DKelley@ExpandMarketingGroup.com
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.