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Joe Ghaben Expands Illinois Automotive Footprint with Genesis Acquisition

Joe Ghaben, the force behind Ghaben Auto Group, has acquired Genesis of Glenview, marking a strategic expansion for the Chicago-area dealer. The transaction, facilitated by Performance Brokerage Services, signals a shift for the dealership, which is slated to relocate to a new facility at 2929 Patriot Boulevard in Glenview.

Joe Ghaben Expands Illinois Automotive Footprint with Genesis Acquisition
Photo: Bio & News

Ghaben Auto Group brings over two decades of regional experience to the acquisition. The group currently manages Volkswagen of Oak Lawn and Volkswagen of Orland Park, alongside the luxury pre-owned network Ultimo Motors, which operates in Northbrook and Westmont. Ghaben noted that the professional guidance provided by the brokerage firm was instrumental in navigating the transaction’s complexities.

Paul Kechnie and Matt Willis of Performance Brokerage Services served as the exclusive sell-side advisors. Willis highlighted the firm’s focus on selecting a buyer with the financial depth and long-term vision necessary to steward the Genesis brand. This sale follows a period of aggressive activity for the brokerage, which has overseen nearly 450 dealership transitions across North America in the last five years.

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