Farms.com Home   Farm Equipment News

Performance Brokerage Services Advises on the Sale of Jones Equipment Rental

Performance Brokerage Services announced the sale of the sale of Jones Equipment Rental in Fort Gratiot and Marysville, Mich.

Jones Equipment Rental has been family owned since Fort Gratiot residents Mike and Sue Jones opened their first location in 1995, Performance Brokerage said. The Joneses opened a second location in Marysville in 1997. Prior to opening Jones Equipment Rental, Mike Jones was general manager of a large equipment rental operation in the Detroit area.

Both locations were authorized dealers and distributors for Kubota, Land Pride and Honda. According to Performance Brokerage, Jones Equipment Rentals offered rental services that large chain stores often do not, including impeccable equipment maintenance, on-site assistance with selecting equipment and safety demonstrations from skilled staff members.

“We cannot speak highly enough of Pat Albero and Performance Brokerage Services," Mike Jones says. "Throughout the entire process, Pat and his team were there for my family, providing guidance and support every step of the way. Their knowledge and expertise were apparent from the outset, and they were able to secure a buyer who truly understood the value of my dealership and its significance in our local community. With Pat's help, we were able to achieve maximum value for our dealership and ensure that our employees' futures are secure. If you're looking to sell your dealership and want a team that will work diligently to ensure your goals are met, we highly recommend contacting Performance Brokerage Services."

Over the last 5 years, Performance Brokerage Services has advised on the sale of over 300 dealerships, making it the highest volume dealership brokerage firm in North America, the company says. In 2022, the company completed 92 transactions, marking a record-breaking year. This transaction was facilitated by Performance Brokerage Services Equipment & Commercial Truck Divisions, managed by Patrick Albero, senior partner, and Dan Argiro, senior partner.

Source : Farm Equipment

Trending Video

Black Sea, Red Sea, Sea of Azov + Hormuz Attacks = Higher Risk?

Video: Black Sea, Red Sea, Sea of Azov + Hormuz Attacks = Higher Risk?

The escalation in the Ukraine/Russian war after 4 years + the escalation with Iran and now the Houthi’s blocking Saudi oil in the Red Sea has crude surging 40% in 2-weeks to ration demand. Trump threatens more attacks, but Pakistan is now pushing for new U.S./Iran talks with China’s backing?
The U.S. heatwave and “flash drought" in the U.S. Northern/Central Plains is weighing on crop conditions in ND.
The 8-14 early August weather looks hot/dry not ideal for soybeans!
2026 U.S. hurricane season is 50% of normal!
The Wheat Quality Council HRS tour forecasting 48 bpa, key downside technical reversal in wheat/canola?
New 50% tariffs on Canada. + CFTC