Columbus, OH, March 04, 2024 (GLOBE NEWSWIRE) — Tim Wild, Director at the Tim Lamb Group, the largest auto dealership sales, and acquisitions firm in North America, has brokered the sale of Foothills Lincoln Mazda owned by Rick Rielly and Ray Kish to Eve Knudtsen President and Owner of Knudtsen Chevrolet. The deal, facilitated by Wild closed on February 15, 2024. Foothills Lincoln Mazda, has been rebranded as Knudtsen Foothills Mazda and Knudtsen Foothills Lincoln, and is situated in the Foothills Auto Mall at 202 E. North Foothills Dr. in Spokane, WA.
Foothills Lincoln Mazda was founded in 1981 by Ray Kish, a graduate of Rutgers University and Stanford University. Rick Rielly joined Ray approximately 10 years later as General Manager, and eventually purchased a majority stake in the dealership. Kish and Rielly value family and community, and when looking toward retirement they wanted to find a successor who not only shared in their business philosophy, but also their values. “For the last 10 years we have had multiple offers from dealers looking to purchase our stores and none of them felt right,” stated Kish. He continued with, “When I met Tim Wild, he understood our philosophy and wanted to help us find a buyer who would uphold everything that Rick and I have worked so hard to build over the …