Core Insights - Pinnacle Mergers & Acquisitions successfully facilitated the sale of Groove Ford and Groove Mazda to AutoNation, enhancing AutoNation's presence in the Colorado automotive market [1][2] - This transaction is part of a broader trend of consolidation in the U.S. auto retail sector, as large dealer groups expand into key regional markets [4] Company Highlights - Pinnacle has a strong track record in Colorado, having completed multiple high-profile dealership transactions, including previous deals with Lithia Motors and John Elway Dealership Group [3] - The firm has completed over 850 dealership transactions nationwide, totaling $40 billion, showcasing its expertise and market presence [5] Industry Trends - The Denver metro area is identified as one of the most active regions for automotive M&A activity, driven by strong dealership valuations and high buyer interest [4]
Pinnacle Mergers & Acquisitions Leads the Sale of Groove Ford and Mazda in Denver to AutoNation