DealerMax Acquired in Cash Deal Featured

By Staff Writer September 29, 2019

Hunter Malone, owner of DealerMax, announced the sale of his firm’s assets to Jim Maxim Jr. and Jim Maxim Sr. Profit By Design, the Maxim family enterprise out of Wayne, Pa, purchased the company assets in a cash sale and will use the DealerMax brand to market the company’s dealership training and F&I income development programs to an expanded network of dealerships nationally.

The sale comes as dealerships seek to bolster profitability in a response to downward pressure on vehicle margins. 

“Now is the right time for this,” said Malone. “Profit By Design and the Maxim team have a great formula for increasing dealer margins in sales and F&I. The company offers dealerships some of the most respected F&I training programs in the market today.”

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Last modified on Thursday, 03 October 2019 15:02

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