4 Peterbilt of Wyoming locations sell to Jackson Group Peterbilt
WYOMING — Four Peterbilt dealerships in Wyoming have changed hands after 75 years under the DeVore family’s ownership.
The dealerships, which also sell Isuzu trucks, as well as Landoll, Doonand and Sidump’r trailers, are located in Cheyenne, Riverton, Casper and Rock Springs. They will remain at their locations but will be renamed Jackson Peterbilt Group, according to a news release.
Brothers Fred and Bill DeVore have managed the dealerships since 2005.
“Selling our family’s dealership group was one of the biggest decisions we’ve ever made, and I can’t say enough about the incredible job Pat Albero and Dan Argiro did throughout the process, Fred DeVore said in a prepared statement of the brokerage firm, Performance Brokerage Services, which advised them on the sale. “We successfully sold our dealership to a buyer we feel is the perfect fit.”
The buyer, Jackson Group Peterbilt, is family-owned and operates over 30 dealerships across eight states: Colorado, Idaho, Montana, Nevada, Oregon, Utah, Washington, and Wyoming. Founded in 1977 by Eric Jackson, the company experienced exponential growth under the leadership of Blake Jackson, who became the sole owner after buying out his father’s shares in 2005. Since then, Jackson Group Peterbilt has continued to expand through both organic growth and strategic acquisitions.
Performance Brokerage Services, Inc. specializing in buy-sell activity for automotive, RV, commercial truck, powersports, and equipment dealerships. The company has over 30 years of experience, 900 dealerships sold, and a 90% closing rate, according to the news release.
Four Peterbilt dealerships in Wyoming have changed hands after 75 years under the DeVore family’s ownership.