Kayser Automotive, Randy Wise, The Faricy Boys, Windy Automotive buy stores in 4 states
Randy Wise adds 3 new brands
The Randy Wise Automotive Team on October 12, purchased Grand Blanc Motorcars in Michigan, adding new Toyota, BMW and Mercedes-Benz brands to its lineup.
Randy Wise Automotive of Fenton, Michigan bought the store from Dave Isbell, who opened the dealership in 1992, said Chris Wise, group vice president named after his father, Randy Wise. Grand Blanc is just south of Flint, Michigan.
The dealership was renamed Randy Wise Motorcars, which consists of BMW de Grand Blanc, Mercedes-Benz de Grand Blanc and Randy Wise Toyota.
“Dave Isbell has built a wonderful group of caring and hardworking employees who put the customer at the center of everything they do,” Chris Wise said in a statement. “We are looking forward to growing the Randy Wise team with three world-class companies and we can’t wait to get started. “
Chris Hunt will remain the general manager of the dealership.
Randy Wise Automotive now has eight branches, including a used vehicle store.
Faricy Boys Adds 5 Brands in Big One-Store Deal
The Faricy Boys of Colorado Springs, Colorado, bought its third Colorado dealership late last month – a Chrysler-Dodge-Jeep-Ram-Chevrolet-Buick-GMC-Ford roof in Salida, adding five brands to the group.
The Faricy Boys – third-generation operators Ben Faricy and Paul Faricy – bought Town & Country Salida Inc. on September 29 from Mike Goodart and Matt Brown. Brown remains the general manager of the store.
The store was renamed Faricy Boys Automotive. The Faricy Boys also have a Chrysler-Jeep dealership in Colorado Springs and a Ford dealership in Cañon City, which they acquired in 2017. Salida is located southwest of Denver.
“We looked for opportunities for expansion and this one ticked all the boxes – a loyal staff, new car brands in high demand, a nice facility and a thriving community,” said Paul Faricy, vice president of The Faricy Boys, said in a report. “Expanding further into southern Colorado is a natural next stop for us and Salida is a special place in the heart of the region.”
Goodart, former president of Town & Country Salida and who retains other dealerships in Colorado and New Mexico, said in a statement that buyers were “the perfect next generation for our business. They take good care of their employees, their customers and the communities in which they do business.