(PRWEB) May 28, 2014
MD Johnson, Inc. announces the completion of the sale of Mercedes Benz of Wilsonville Oregon to the Swickard Corporation. MD Johnson Inc advised Lithia Motors, Inc on the sale. The dealership name will remain the same and at its current location in the suburban Portland Oregon city of Wilsonville.
Mark Johnson, President of MD Johnson Inc stated that “the sale was part of a larger strategic plan developed by Mercedes Benz and Lithia for the Portland/Salem market. Lithia also owns Mercedes Benz of Portland and Mercedes Benz of Beaverton Oregon. Mark Johnson and Mark Topping managed the transaction on behalf of Lithia. James Aiken Esq. of Aiken Law Group represented the buyer.
Johnson further commented that “Lithia has a huge commitment and investment in the Portland/Salem markets and is aggressively seeking opportunities to tell their story to prospective sellers as they continue to look for acquisitions in the Northwest”. MD Johnson Inc recently sold Lithia the Honda, VW and BMW dealerships in Salem Oregon on behalf of Michael O’Brien”. Lithia also owns Lithia Subaru in Oregon City outside of Gladstone Oregon, another suburb of Portland.
MD Johnson, Inc. is the premier US provider of automotive dealership buy sell, financial advisory and automotive succession planning services. The firm advises dealers, both public and private on the purchase, sale, analysis, succession and valuation of automobile dealerships, dealership platforms as well as dealership real estate through their wholly owned real estate entity, MDJ Realty Inc. The firm represents clients nationwide supporting their buy sell activities and has advised on more than 2 and a half Billion dollar’s in transactions.
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