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Performance Brokerage Services Advises on the Sale of Sunrise Ford, 2 Dealerships in California

Performance Brokerage Services, North America’s highest volume dealership
brokerage firm, is pleased to announce the sale of Sunrise Ford of Fontana
and Sunrise Ford of North Hollywood in California from the Bruncati family
to Kevin Knight and Knight Automotive Group.

Sunrise Ford has been owned and operated by the Bruncati family for more
than 30 years. Robert Bruncati began his career in 1981 as a Ford dealer in
Los Angeles. In 1991, Robert and his wife, Maureen Bruncati, established
Sunrise Ford of Fontana. They acquired Sunrise Ford of North Hollywood in
1996, which has a long-standing presence in the community and has been at
its current location since 1966. In 2014, Sunrise Ford of Fontana won Ford
Motor Company’s prestigious Triple Crown award. Over the years, Robert and
Maureen Bruncati’s three sons took over the family business and managed the
day-to-day operations.

Following the sale, owner James Bruncati commented, “The team at Performance
Brokerage did a phenomenal job. Jonathan Forgy did a great job of building a
comprehensive packet, and Jason Stopnitzky did a great job at finding the
right buyer. They found a buyer that fit very well with the culture we
built. Kevin Knight and Braeden Mueller from Knight Automotive were a
pleasure to deal with and I feel they will do extremely well in the future.
Thank you to the whole team at Performance Brokerage Services.”

Over the last 5 years, Performance Brokerage Services has advised on the
sale of over 250 dealerships, making it the highest volume dealership
brokerage firm in North America. In 2021, the company consummated over 72
transactions, marking a record-breaking year. Jonathan Forgy, CPA, an
Associate Broker for Performance Brokerage Services, commented, “I want to
thank the Bruncati family for the vote of confidence in our firm to handle
the sale of their generational family business as a Ford dealer for over
forty years. The family was looking for an advisor that could help them
maximize the value of their dealership without compromising confidentiality.
It was important for the Bruncati family to find the right buyer who would
take care of their employees and invest in the company and community. The
buyer will benefit from the dealerships’ tremendous goodwill with customers,
employees, and the community. It has been an honor to work with the Bruncati
family throughout the process and we wish them well in their future
endeavors.”

Knight Automotive Group has been serving Canada for over 45 years, with 14
dealership locations across Western Canada. Knight Automotive was founded by
Ted Knight, and is led today by his son and President, Kevin Knight. This
transaction marks Knight Automotive’s first dealership acquisition in the
United States.

Braeden Mueller of Knight Automotive Group commented, “The entire
Performance Brokerage team was excellent to work with. We continued to be in
touch over the years and they worked with our group to find the right fit on
our first acquisition in the United States. Knight Automotive Group looks
forward to working with Performance Brokerage on future acquisitions.”

The dealerships will remain at their current locations at 16005 Valley
Boulevard in Fontana and 5500 Lankershim Boulevard in North Hollywood,
California.

The Bruncati family was represented by Les Chayo of Chayo Law in Beverly
Hills, California.

Knight Automotive Group was represented by David C. Meyer, Partner at Arent
Fox LLP in Los Angeles, California.

About Performance Brokerage Services

Performance Brokerage Services, Inc. is North America’s highest volume
dealership brokerage firm, specializing in buy-sell activity for automotive,
commercial truck, motorcycle, RV and equipment dealerships.

With over 25 years of experience, 700 dealerships sold and a 90% closing
rate, the company’s reputation is unmatched and governed by the utmost
ethical conduct and integrity.

The company offers a unique approach by providing complimentary estimates of
value with no upfront fees, no reimbursement of costs and paid a success fee
after the transaction closes.

Headquartered in Irvine, California, and supported by 6 regional offices in
Utah, Florida, Texas, Virginia New Jersey, and Canada, clients benefit from
national exposure with local representation.

As trusted and respected experts in the field, the company utilizes an
extensive network of industry related attorneys, accountants, hundreds of
registered buyers, and longstanding relationships with most of the auto
manufacturers.

For more information about the services offered by Performance Brokerage
Services, visit https://performancebrokerageservices.com

Sun. January 16th, 2022

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