Lane Powell Assists Client in Sale of Carrera Motors of Bend
Lane Powell recently assisted client Tom Anderson with the sale of Carrera Motors of Bend. Since 1982, Anderson has owned and operated Carrera Motors. Over the past 30 years, he has grown his brand to include franchises of Volkswagen, Porsche, Audi and BMW dealerships in Central Oregon. Anderson also created Club Carrera, a unique motorsports enclave in the high desert of Oregon where Porsche enthusiasts can meet and socialize. Carrera Motors was sold to Kendall Automotive Group, which owns dealerships throughout the Northwest in Alaska, Oregon, Montana and Idaho. Anderson was very pleased with the transaction, saying, “I felt the Kendall people really got what was important to my employees and my customers, and ultimately me.” Lane Powell Shareholder Cliff Spencer provided counsel to Anderson and Carrera Motors.
For additional information regarding this transaction, read the March 12 online Portland Business Journal article titled “MD Johnson, Inc. Advises Tom Anderson on the Sale of Carrera Motors of Bend Oregon. Porsche Audi BMW and VW Franchises sold to Kendall Auto Group.”