Mergers & Acquisitions
Tim Lamb Group Facilitates Sale of Solana Motors in Brady, Texas, to Regency Holding LLC
By News Desk ·
Key takeaways
- Tim Lamb Group facilitated the sale of Solana Motors in Brady, Texas, to Regency Holding LLC, owned by siblings Gesell Lillard and Johnny Lillard.
- The transaction closed on October 13, 2026, and the dealership now operates as Regency Chevrolet GMC.
- All current dealership employees will be retained as part of the transition, and seller Eduardo Solana will refocus on Solana Auto Group's remaining dealership operations in Mexico.
Tim Lamb Group facilitated the sale of Solana Motors in Brady, Texas, to Regency Holding LLC, owned by siblings Gesell Lillard and Johnny Lillard, the firm said in a GlobeNewswire announcement on October 29, 2026. The transaction closed on October 13, 2026, and the dealership now operates as Regency Chevrolet GMC.
Solana Motors Sale to Regency Holding
Tim Lamb Group is a Columbus, Ohio-based auto dealership sales and acquisitions brokerage founded in 2006 that represents sellers and buyers of franchised dealerships across North America through fifteen regional directors. Solana Motors, located at 2110 S. Bridge St. in Brady, was sold by Solana Auto Group, LLC, whose president is Eduardo Solana. Mike McMeeken, Director of the South-Central Region at Tim Lamb Group, represented the seller in the transaction.
The sale allows Eduardo Solana to refocus Solana Auto Group's efforts on its remaining automotive dealership operations in Mexico. For the Lillard family, the acquisition marks an expansion into franchised automotive retail and an opportunity to establish a stronger presence in the Brady community. All current dealership employees will be retained as part of the transition.
"We reached out to Mike and the Tim Lamb Group to help guide us through the sale process, and we couldn't be happier with the outcome," said Eduardo Solana, President of Solana Auto Group. Gesell and Johnny Lillard said they had been looking for the right dealership and saw potential in both the business and the Brady community.
Tim Lamb Group's Regional Coverage
According to akta.pro company records, Tim Lamb Group appointed Mike McMeeken as Director of the South Central Region in August 2025, opening a Texas-based hub in Houston to expand transaction coverage into the Gulf states. The same records describe the firm as self-described largest auto dealership sales and acquisitions firm in North America, with fifteen regional directors handling billions of dollars per year in transactions for dealer operators across the United States and Canada.
Earlier Tim Lamb Group Transactions
In August 2026, Tim Lamb Group facilitated the acquisition of Auto Park Ford of La Porte by Matthew Sanderson, closing August 17, with the Indiana dealership to be renamed La Porte Ford, FinancialContent Business Page reported. In May 2026, Tim Lamb Group completed the sale of all seven Northern Ohio dealerships formerly owned by Patrick O'Brien of Firelands Automotive Group through transactions finalized throughout April and May 2026, GlobeNewswire reported. That same month, Tim Lamb Group brokered the sale of Friendship Ford of Lenoir to CarHeroes, closing April 29, 2026, with the 25,258-square-foot dealership renamed CarHeroes Ford.
Regency Chevrolet GMC Transition
The dealership will operate as Regency Chevrolet GMC following the October 13, 2026 closing, with the Lillard family planning to become active participants in the Brady community while building on the dealership's existing foundation.