About the Transaction
| Paramax advised on the sale of Emerling Ford and Emerling Chrysler Dodge Jeep Ram (emerlingchryslerdodgejeepram.com) to Basil Family Dealerships (basilcars.com).
The Emerling dealerships are a family-owned and operated automotive dealership group located in Springville, New York, representing five leading vehicle brands: Ford, Chrysler, Dodge, Jeep, and Ram. With modern facilities and certified service teams, the dealerships have built a strong reputation for customer service and longstanding relationships throughout Western New York. Emerling Ford has also received Ford’s President’s Award. The buyer, Basil Family Dealerships, is a family-owned automotive dealership group serving customers throughout Western New York. Founded in 1953, the group offers new and used vehicle sales, financing and leasing solutions, and comprehensive automotive service and repair, with a longstanding commitment to its employees, customers, and local communities. The acquisition expands Basil’s presence into Springville, where the dealerships now operate as Basil Ford of Springville and Basil Chrysler Dodge Jeep Ram of Springville. Basil is committed to retaining the existing team and preserving the personal service and community relationships established by the Emerling family. Paramax served as the exclusive M&A advisor to the Emerling dealerships on this transaction, building on the firm’s extensive experience advising owners of domestic, import, and luxury dealership franchises. Paramax’s broader automotive industry experience includes collision repair, tire retail and service, and automotive components. For more information about this transaction or to discuss a potential sale, acquisition, or other strategic opportunity, please contact Paramax. |
