WEST PALM BEACH, Fla., May 28 /PRNewswire/ --
MD Johnson, Inc. announces the completion of the acquisition of "Palm Beach LincolnMercury" in West Palm Beach Florida from Robert Rizzo. The dealership has been relocated to Al Packer Ford's Military Trail site in West Palm Beach and will be renamed Al Packer Ford Lincoln Mercury. Mark Packer, President and day to day operator of Al Packer Ford, currently operates Al Packer Ford on an eleven acre site less than two miles from the current Lincoln Mercury location.
Al Packer Ford also operates a Ford dealership on Southern Boulevard in Palm Beach County as well as Al Packer White Marsh Ford in Baltimore, Maryland
MD Johnson, Inc. was engaged to acquire Palm Beach LincolnMercury from the Rizzo family as part of Packer's continuing consolidation of the market. . Palm Beach Lincoln Mercury is an iconic dealership in south Florida. Mark Packer stated that "Al Packer Ford will integrate Palm Beach Lincoln Mercury into Al Packer Ford and within the next few months, the entire dealership will undergo a renovation and rebirth as Palm Beach County's premier Ford and Lincoln Mercury location."
Mark Johnson, President of MD Johnson Inc stated that the acquisition of Palm Beach LincolnMercury by the Packer family will be an exciting addition to Packer's military trail site and will be the start of a great partnership between the Packer family and the Lincoln Mercury division".
MD Johnson, Inc. is a mergers/acquisitions and financial advisory Services firm to automobile dealers, dealership management companies and dealership lawyers and CPAs. In addition to standard M and A services, the firm provides detailed Valuation, Succession, Strategic Planning and Transaction Management Services for its clients. The firm's clients include public and private groups and individual owners located throughout the US. Previous press releases are archived at www.mdjohnsoninc.com
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