Bob Morris Brokers Five Dealership Deal Between Fuccio & Matthews Auto Group
Bob Morris, Tim Lamb Group Director Southeast Region, has brokered a dealership sale between Billy Fuccillo and Rob Matthews that included five Fuccillio auto dealerships in New York state. The sale to Matthews, which closed late January, included Fuccillo Kia and Fuccillo Nissan, both on Route 31 in Clay, NY and Fuccillo Hyundai in Syracuse, NY, and Fuccillo Hyundai and Fuccillo Kia of Greece. In addition to the Fuccillo dealerships, Matthews operates Cadillac, Chevrolet, Chrysler Dodge Jeep, Kia, Mitsubishi, Nissan, Subaru, Volkswagen, and Ford dealerships.
"Billy, Jr. and Rob were a joy to work with," stated Morris, referring to Billy Fuccillo and Rob Matthews, President of Matthews Auto Group. "This was a win-win for these exemplary professional dealers."
“Fuccillo is an impressive operation with a great team who has sold tens of thousands of vehicles,” company President Rob Matthews said in a statement. “We jumped at this unique opportunity when it was presented to us. Although there is tremendous uncertainty out there due to the pandemic, I have the utmost confidence in our team and our operation to make this a smooth transition for our new customers and our new employees.”
Since joining Tim Lamb Group in 2007 Morris has sold over $8 billion in dealership transactions and has been at the top of the chart in stores sold and networks made. His contacts not only include the top public groups but also the big “quiet” companies, including wall street and family office options. More information and dealership offerings can be found at timlambgroup.com.