Idaho CDJR store sold to new group

Jensen-Wood Chrysler Dodge Jeep Ram of Montpelier, Idaho, has been sold to Casey Wheeler, who recently launched his own dealership group and is expanding, according to a news release from Performance Brokerage Services, which advised sellers Kirk and Lorrie Jensen.

The latter have been third-generation owners of the store since 2000 and are retiring.

Kirk Jensen said in a news release: “We worked with Jonny and his father, John Mecham, of Performance Brokerage Services to sell our dealership. Being in a small town, we were worried about the ability to sell our store as well as maintaining confidentiality.

“Jonny and John were truly assets to the transaction. The process was foreign to us, but Jonny was available to guide us through each step with his expertise and found a buyer that fit our small-town needs. We were very pleased with the outcome and recommend Jonny and John Mecham to anyone,” Jensen said.

This is Wheeler’s third dealership in Idaho.

The store is now known as Liberty Chrysler Dodge Jeep Ram.

“John and Jonny Mecham of Performance Brokerage Services have always been a trusted resource of mine. They understand the complexities of the business and have a tremendous amount of experience,” Wheeler said.

“This was not our first transaction with the Mechams and it won’t be the last. They did a terrific job bringing both parties together, and the transaction was smooth from start to finish. I think both parties would agree it was a win-win. I would confidently recommend John, Jonny, and Performance Brokerage Services.”