Haig Partners served as the exclusive sell-side advisor to brothers Mark and Jim Dreusicke on the sale of Toyota of Iowa City to the McGrath Family of Dealerships of Cedar Rapids. Toyota of Iowa City, home of the University of Iowa, has long been one of the highest volume Toyota dealerships in Iowa. The dealership has received the Toyota President’s Award for twenty-eight consecutive years and has been recognized by the Iowa City Press-Citizen as “Best of the Best.”

“Our family business has long-standing ties to our co-workers and the communities in which we do business, which meant finding the right buyer that would continue this level of partnership,” commented Mark Dreusicke. “We interviewed several buy-sell advisors and decided that Haig Partners was best positioned to guide us and achieve our goal of a confidential transaction and seamless transition for our team. Kevin Nill and the team at Haig Partners understood our concerns and expertly managed the sale process, allowing Jim and me to concentrate on running the dealership. We are grateful for their customized approach that maximized the value of our organization and Kevin’s engagement throughout the transaction.”

Read the full press release here.

Haig Partners Serves as Exclusive Advisor on Sale of Toyota of Iowa City

Monday, April 4th, 2022