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Jerry Durant sells Toyota dealerships in Weatherford, Granbury

🕐 2 min read

Jerry Durant has sold Durant Toyota of Weatherford and Jerry Durant Toyota of Granbury to Shottenkirk Automotive Group.

“I will miss working with the talented staff at Durant Toyota and Jerry Durant Toyota, but I am looking forward to a little less stress and a little more time at the beach,” said Jerry Durant. “Greg Shottenkirk and his team turned out to be the perfect buyer for me, showing integrity and professionalism every step of the way. I welcome them to the Weatherford and Granbury communities. I also want to thank Alan Haig at Haig Partners. He heard what I wanted and his experience in buy-sells helped make sure the process turned Abingdon, Illinois out just the way I hoped.”

Alan Haig of Haig Partners LLC was the financial advisor to Jerry Durant. John Shackelford at Shackelford, Bowen, McKinley & Norton LLP served as legal counsel to Jerry Durant. George Taylor III of Burr & Forman LLP provided legal advice to Shottenkirk.

“We were honored to be able to help Jerry achieve his goals,” said Haig. “Buyers continue to be extremely interested in dealerships in the great state of Texas, and Toyota remains one of the most desirable franchises. The market for higher value dealerships continues to be highly active and 2019 is shaping up to be another big year for dealership sales. This is our third closing so far in this year.”

Alan Haig also noted that Jerry Durant will not be selling any other dealerships. Durant also operates a GMC, Hyundai and Chevrolet dealership.

“Our team is thrilled to join the dealer community in Texas, and we thank Jerry Durant for giving us the opportunity to buy his two Toyota stores,” said Greg Shottenkirk, CEO of Shottenkirk Auto. “Jerry has set a high bar for delivering excellent customer service and we look forward to building on that legacy.”

Founded in 1964, Shottenkirk Auto Group, based in Illinois, has grown to 15 dealerships in five states. For more information, please visit www.shottenkirk.com.

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