Addicted Power Sports, LLC has purchased Cycle City Wyoming in Evanston, WY. In business for over 10 years, Cycle City Wyoming boasts a strong brand lineup of Yamaha, Kawasaki, BRP, Hammerhead, and Lynx.
Owners Mark and Laura Black purchased the dealership with the help of Mike Pate, Vice President of Powersports Listings M&A, back in 2014. Upon the decision to sell after 6 years of successful ownership, Mark and Laura called upon Mike Pate again to represent them as Sellers.
Local entrepreneurs, Sam Nielsen and Tim Ray, emerged as the perfect candidates to take over the dealership operation. Mike Pate worked with the parties right through the holidays to finalize the transaction and was on site for the closing reconciliations.
Powersports Listings Mergers & Acquisitions (PLMA), the professional powersports industry dealership brokerage centrally located in Dallas, Texas, managed the transaction as the Seller’s representative with team members:
Tom Macatee, CEO
David Clay, CIO
Jerry Szopinski, President of Sales & Networking
Mike Pate, Vice President
Jaye Sanders, Managing Director
