Skip to main content

Powersports Listings Mergers & Acquisitions Attracts Successful Private & Venture Equity Executive & Entrepreneur for the Asset Acquisition of CHESTER'S GRAND TETON HARLEY-DAVIDSON of Idaho Falls, Idaho

IDAHO FALLS, Idaho, October 8, 2019
- CHESTER'S GRAND TETON HARLEY-DAVIDSON consists of a main Harley-Davidson dealer location in Idaho Falls, Idaho with secondary retail locations in Jackson, WY and Pocatello, ID under the names JACKSON HOLE HARLEY-DAVIDSON and EAGLE ROCK HARLEY-DAVIDSON respectively.
Jerry Szopinski, Powersports Listings Mergers & Acquisitions (PLMA) - President of Sales & Networking, established a sturdy relationship with the ownership group of the Chester's H-D dealerships beginning in 2009, and all the while consulting with them around buy-sell opportunities that might be interesting to this multi-unit Harley-Davidson dealership enterprise.
The owners contracted with PLMA when it came time to move from buying mode to selling mode after 15+ years of successful ownership at the Grand Teton Harley-Davidson locations in Idaho Falls, ID; Jackson, WY; and Pocatello, ID.
​Through many weeks of confidential marketing, the PLMA team identified Greg and Mary Woodward of Salt Lake City, Utah as ideal candidates for the unique acquisition of the three store package. Greg Woodward has a long track record of success as a business operator and has built and scaled several businesses in the private equity investment arena. He has served in several executive positions with private and venture equity fund operators and currently manages his own family investment fund.
Greg and Mary have been long time Harley-Davidson enthusiasts in addition to a long list of "awesome" hobbies such as racing Porsches, building show quality cars, and collecting historical motorcycles.
The Woodward family closed on the purchase of the assets of the dealerships and took over operations as of Oct. 1, 2019. The Woodwards will retain the names Grand Teton Harley-Davidson, Jackson Hole Harley-Davidson, and Eagle Rock Harley-Davidson with the retirement of the "Chester's" header. With the stores' proximity to some of the best motorcycle roads in the world, the Woodwards plan to establish the dealerships as "must stop" destinations for motorcyclists and tourists. Greg Woodward commented at the closing of the sale that "The PLMA team clearly has a command of the Harley-Davidson dealership sale and acquisition process."
Grand Teton Harley-Davidson New Owners.  From left:  Mary Woodward, Greg Woodward.



Comments

Post a Comment

Popular posts from this blog

  Kentucky dealer expands with acquisition of Gateway Cycles Gateway Cycles, located in Mount Sterling, Kentucky, has been acquired by existing dealership owner Derek Harmon. Harmon owns multiple powersports and outdoor equipment dealerships in Northeastern Kentucky and continues to expand his reach in the powersports industry with this acquisition.   The former long-established owners, Carl and Eileen Rosania, are husband and wife. The Rosania’s have diligently run the dealership for over two decades and have grown it from a small parts and service shop to a renowned major multi-line powersports dealership. The dealership has received multiple Ichiban national dealer awards through Kawasaki and consistently ranks in the top two for its region across all of its product lines. The dealership carries Kawasaki, Suzuki, CFMOTO, SSR-QJMOTOR, Moto Guzzi and Kayo and is located in a nearly 19,000 square foot facility that was originally occupied by a Piggly Wiggly supermarket. From left to ri
Post a Comment
Read more

Powersports Listings M&A Announces New Ownership at Honda East Toledo, Ohio, and the Rise of Adventure Lifestyle as One of the Largest U.S. Powersports Dealer Groups

  Powersports Listings M&A Announces New Ownership at Honda East Toledo, Ohio, and the Rise of Adventure Lifestyle as One of the Largest U.S. Powersports Dealer Groups PRESS RELEASE   •   MAY 15, 2024 05:00 CDT After 37 years under the ownership of Randy and Sheryl Fork, Honda East Toledo has been purchased by one of the largest family owned Powersports dealership groups in the U.S. TOLEDO, Ohio, May 15, 2024 (Newswire.com) -  The sale of Honda East Toledo marks the fourth dealership sale managed by  Powersports Listings M&A (PLMA)  to the Adventure Lifestyle group within the last 18 months. Prior deals include Olive Branch MotorSports in Olive Branch, MS, Tejas Motorsports in Highlands, TX, and Big Easy Powersports in New Orleans, LA. Adventure Lifestyle is a subsidiary of the privately-owned equity management company, The TRNT Group, with focus in eight major business sectors: Powersports Retail, Automotive Retail, Construction Services, Development & Design, Equipment Le
Post a Comment
Read more
  Powersports Listings Mergers & Acquisitions Announces New Ownership at Three Family Owned Houston Powersports Dealerships The Buchman and Bucsanyi Family's interest dates back to the 1970's with Texas Yamaha, Inc. (Webster and Texas City) and Texas Powersports of Pasadena and they have now welcomed a new owner - Phillip Orange of Houston Motorsports PRESS RELEASE     MAY 12, 2022 05:00 CDT HOUSTON, May 12, 2022 (Newswire.com) -  Big O Powersports LLC has acquired Texas Yamaha Inc. (2 locations Webster and Texas City) along with Texas Powersports of Pasadena, with its principal owner Phillip Orange of Houston Motorsports expanding his Houston market presence from 1 to 4 dealerships. The Pasadena, Webster, and Texas City acquisition represents a powerful brand lineup including Honda, Yamaha, Polaris, Club Car, Roxor, Husqvarna, and Specialized Electric Bikes from 3 Southeast Houston facilities. Selling owners Wendy and Craig Buchman and the Bucsanyi Family have a rich histo
Post a Comment
Read more