Performance Brokerage Services Announces Sale of Kolosso Toyota to Kocourek Automotive

Strategic Insights -

Performance Brokerage Services, North America's highest volume dealership brokerage firm, is pleased to announce the sale of Kolosso Toyota in Appleton, Wisconsin from Bill and Barb Kolosso to Kocourek Automotive. This family-owned and operated dealership, established in 1977, has been a staple in the community for over four decades. The Kolosso family's commitment to customer service, sales, and excellence has earned them multiple recognitions from industry organizations.

Key Takeaways:

  • Kolosso Toyota, a family-owned dealership established in 1977, was sold to Kocourek Automotive in a successful transaction facilitated by Performance Brokerage Services.
  • The dealership has been owned by the Kolosso family for over 40 years, with Bill and Barb Kolosso leading the business for many years.
  • During their tenure, Kolosso Toyota received multiple recognitions for customer service, sales, and excellence from industry organizations.
  • The dealership has been active in the local community, supporting organizations such as Rawhide Youth Services and Harbor House.
  • Bill and Barb Kolosso praised the services of Performance Brokerage Services, citing their professionalism, expertise, and adherence to the family's priorities throughout the transaction.
  • Kocourek Automotive, a Wisconsin-based automotive group, has acquired Kolosso Toyota and will now operate six dealerships across the state.
  • Kocourek Automotive is committed to giving back to the community through its Kocourek Kids Foundation, supporting organizations and initiatives that positively impact young lives.

Statistics:

  • Performance Brokerage Services has advised on the sale of nearly 400 dealerships over the last 5 years, making it the highest volume dealership brokerage firm in North America.
  • Kolosso Toyota has been recognized for its commitment to customer service, sales, and excellence, demonstrated by multiple awards from industry organizations.
  • Kocourek Automotive currently operates six dealerships across Wisconsin, with the acquisition of Kolosso Toyota adding the Toyota brand to its portfolio.

Sources:

  • "Performance Brokerage Services Announces Sale of Kolosso Toyota to Kocourek Automotive" (source not explicitly stated in the original text)