Columbus, OH, Aug. 7, 2024 (GLOBE NEWSWIRE) — On July 23, 2024, Brian Brouse, Director of Canada for the Tim Lamb Group, the largest dealership sales and acquisition firm in North America, brokered the sale of Kia Cold Lake in Cold Lake, Alberta, Canada to Kross Auto Group. Kia Cold Lake, located at 3832 50 St., Cold Lake, AB T9M 1S6, Canada, will retain its name when the new owners move into the Cold Lake community.
Brouse worked closely with Darren Bosch, principal and owner of the dealership, and Spencer Ferguson, general manager and partner of Kia Cold Lake, to organize and facilitate the sale of the dealership. This deal marks the third transaction that Brouse and Bosch have worked together on. “I want to thank Darren and Spencer for continuing our long-standing relationship and trusting me with their first dealership,” stated Brian Brouse. Darren Bosch currently owns Homefield Ford in Raymond, Alberta, and is looking to focus his efforts closer to southern Alberta, where his Ford dealership is located.
Kia Cold Lake’s 8,000 square foot dealership is located on a 19-acre lot and includes a full-service center. Kia Cold Lake is the only import dealership in Cold Lake, providing additional options for local buyers. Kia Cold Lake employees, all 14 of whom remain team members, take great pride in their community involvement and initiatives, which have become a fundamental part of the dealership’s identity and were one of the main reasons for choosing Kross Group as a dealer.
“When we decided to sell Kia Cold Lake, we wanted to find a dealership that was as focused on the community as our team, and I believe we found that with the Kross Group,” said Darren Bosch, principal and owner of the dealership. “We are wholeheartedly committed to being an enthusiastic part of the growth and vitality of this remarkable city, and we have every confidence that our team, led by Kevin Robertson and his team, will continue to do so.”
The family-owned Kross Auto Group, based in Edmonton, Alberta, Canada, currently owns dealerships in Edmonton and Calgary, Alberta, Canada. “I wish the Kross Group every success as they expand their group with their newest location,” Brouse said.
For more information about the Tim Lamb Group, visit https://timlambgroup.com/
About the Tim Lamb Group
Since 2006, Tim Lamb Group has been the first choice for dealers looking to sell or buy a new dealership. Fifteen regional directors manage billions of dollars worth of transactions per year for multiple dealerships throughout the United States and Canada. The group has leveraged its factory management experience and retail background to become the largest dealership sales and acquisitions company in North America. For more information and to view dealerships for sale, visit www.timlambgroup.com.
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Brian Brouse of the Tim Lamb Group stands with Spencer and Darren at the closing of Kia Cold Lake on July 23, 2024.
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Kia Cold Lake
