Canadians Annie Brennan and Shea Brennan purchased their first dealership within the U.S. in December, a Buick-GMC retailer in upstate New York.
The Brennans purchased Knight Buick-GMC in Plattsburgh on Dec. 13 from Richard Knight Jr. The dealership was renamed Brennan Buick-GMC.
“Shea and I had been trying to buy our personal retailer in Atlantic Canada for a couple of years now and as soon as we determined to look into the U.S., we got here throughout this chance in Plattsburgh,” Annie Brennan instructed Automotive Information in an e mail. “We had been excited in regards to the space and excited in regards to the alternative to proceed with Common Motors.”
The Brennans be a part of different Canadian sellers who’ve appeared throughout the border for acquisitions previously few years. In December, western Canada’s Knight Automotive Group purchased two California Ford shops, and Basis Automotive Corp., of Calgary, Alberta, has been increasing considerably within the U.S. since shopping for its first dealerships right here in 2019.
Annie Brennan mentioned she is a third-generation GM supplier, following within the footsteps of her grandfather Joseph Toner and father, Robert Toner.
She most just lately was fastened operations supervisor for CYV Chevrolet-Buick-GMC in Woodstock, New Brunswick, whereas Shea Brennan was gross sales supervisor there, in response to their LinkedIn profiles.
Annie Brennan mentioned she and her husband realized in regards to the dealership buy alternative from Vendor Options Mergers and Acquisitions, a buy-sell agency in Markham, Ontario, with U.S. workplaces. Kevin Leslie of that agency represented the Brennans within the transaction, whereas Nancy Phillips Associates, a buy-sell agency in Exeter, N.H., represented Knight.