Terrace Ford Lincoln Transforms into Lakewest Ford Lincoln Following Acquisition

When Go Auto sought the ideal buyer for their Burlington-based Ford Lincoln dealership, they faced the common challenge of selecting an operator committed not just to maintaining but enhancing its success. This goal was achieved with assistance from Performance Brokerage Services, North America's leading dealership brokerage firm, which facilitated the sale of Terrace Ford Lincoln to the Richter and Scherle families in late July. The dealership has now rebranded as Lakewest Ford Lincoln, symbolizing the union of two prominent automotive groups with complementary strengths. The Richter Group brings over six decades of industry experience through their ownership of Eastgate Ford, Hamilton's longest-established Ford dealership. Meanwhile, The Scherle Group offers deep roots in Burlington and a reputation for community involvement and automotive excellence. **A Powerful Partnership in the Automotive Market** For both the Richter and Scherle groups, this acquisition presented an ideal opportunity to merge operational expertise with local market insights. The newly named Lakewest Ford Lincoln enables them to expand their family-owned approach, offering state-of-the-art facilities and ...