{"id":834205,"date":"2025-04-04T18:39:38","date_gmt":"2025-04-04T22:39:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pinnacle-mergers-acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation\/"},"modified":"2025-04-04T18:39:38","modified_gmt":"2025-04-04T22:39:38","slug":"pinnacle-mergers-acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pinnacle-mergers-acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation\/","title":{"rendered":"Pinnacle Mergers &amp; Acquisitions Leads the Sale of Groove Ford and Mazda in Denver to AutoNation"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p class=\"prntac\">\n        <i>This transaction underscores Pinnacle&#8217;s leadership in <span class=\"xn-location\">Colorado<\/span> dealership M&amp;A<\/i>\n      <\/p>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">SOUTHLAKE, Texas<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">April 4, 2025<\/span><\/span> \/PRNewswire\/ &#8212; <b>Pinnacle Mergers &amp; Acquisitions,<\/b>\u00a0a nationally recognized auto dealership brokerage firm, has facilitated the successful sale of <b>Groove Ford <\/b>and <b>Groove Mazda<\/b> in <span class=\"xn-location\">Denver, Colorado<\/span>, to <b>AutoNation (NYSE: AN)<\/b>, one of the largest automotive retailers in <span class=\"xn-location\">the United States<\/span>. Pinnacle represented the buyer in this strategic acquisition from <b>Summit Automotive Partners<\/b>. The dealerships will now operate under the names <b>AutoNation Ford Arapahoe<\/b> and <b>AutoNation Mazda Arapahoe<\/b>, further strengthening AutoNation&#8217;s footprint in the growing <span class=\"xn-location\">Colorado<\/span> automotive market.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2658515\/Pinnacle_Mergers_and_Acquisitions.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2658515\/Pinnacle_Mergers_and_Acquisitions.jpg\" title=\"Pinnacle Mergers &amp; Acquisitions has facilitated the successful sale of Groove Mazda in Denver, Colorado, to AutoNation.\" alt=\"Pinnacle Mergers &amp; Acquisitions has facilitated the successful sale of Groove Mazda in Denver, Colorado, to AutoNation.\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<div id=\"divReleaseHighlight2846\" style=\"border-top: 1px solid;border-bottom: 1px solid;border-color: Gray;color: gray;width: 200px;float: left;position: relative;margin: 5px 10px 5px 10px;text-align: justify\">Pinnacle Mergers &amp; Acquisitions has facilitated the sale of Groove Ford and Groove Mazda in <span class=\"xn-location\">Denver<\/span> to AutoNation.<\/div>\n<p>&#8220;We are proud to once again support a leading national group in strengthening their presence in <span class=\"xn-location\">Colorado<\/span>,&#8221; said <span class=\"xn-person\">Bill Scrivner<\/span>, founder and CEO of Pinnacle Mergers &amp; Acquisitions. &#8220;Our long-standing relationships, deep market experience, and commitment to our client&#8217;s goals remain the foundation of every deal we complete.&#8221;<\/p>\n<p>This latest transaction adds to Pinnacle&#8217;s strong track record of success in <span class=\"xn-location\">Colorado<\/span>, where the firm has completed multiple high-profile dealership transactions. Pinnacle has previously represented <b>Lithia Motors<\/b> in acquiring Ferrari of <span class=\"xn-location\">Denver<\/span>, <b>John Elway Dealership Group<\/b> in purchasing Bentley and Lotus of <span class=\"xn-location\">Denver<\/span>, and <b>Autostar Automotive Group <\/b>in acquiring Subaru and Dodge Chrysler Jeep Ram of <span class=\"xn-location\">Silverthorne<\/span>. More recently, Pinnacle facilitated the sale of <b>Groove Honda<\/b> in <span class=\"xn-location\">Colorado Springs<\/span> to Corwin Auto Group <b>Groove Subaru<\/b> and <b>Groove Toyota<\/b> in <span class=\"xn-location\">Denver<\/span> to <span class=\"xn-person\">Larry Van Tuyl<\/span> of VT Companies\u2014both transactions involving Summit Automotive Partners.<\/p>\n<p>The transaction reflects continued consolidation in the U.S. auto retail space as large dealer groups expand into key regional markets to meet shifting consumer demand and market dynamics. With dealership valuations remaining strong and buyer interest high, the <span class=\"xn-location\">Denver<\/span> metro area remains one of the most active regions in the country for automotive M&amp;A activity.<\/p>\n<p>With more than <b>850 dealership transactions completed across the country, <span class=\"xn-money\">$40 billion<\/span> in completed transactions, and 85 years of combined experience<\/b>, Pinnacle Mergers &amp; Acquisitions is a trusted partner to both buyers and sellers. It provides expert guidance and customized strategies that drive value and long-term success in every transaction.<\/p>\n<p>To learn more about Pinnacle&#8217;s services or to schedule a confidential consultation, visit <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4399348-1&amp;h=3275176614&amp;u=https%3A%2F%2Fwww.pinnaclemergers.com%2F&amp;a=www.pinnaclemergers.com\" target=\"_blank\" rel=\"nofollow\">www.pinnaclemergers.com<\/a>.<\/p>\n<p>\n        <b>Media Contact<br \/><\/b>JB Douglas <br \/>Pinnacle M&amp;A<br \/>253-951-1211<br \/><a href=\"mailto:jb@pinnaclemergers.com\" target=\"_blank\" rel=\"nofollow\">jb@pinnaclemergers.com<\/a><\/p>\n<p>\n        <span class=\"xn-person\">Blair Hefty<\/span><br \/>\n        <br \/>Coyne PR <br \/>973-588-2032<br \/><a href=\"mailto:bhefty@coynepr.com\" target=\"_blank\" rel=\"nofollow\">bhefty@coynepr.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2658516\/Pinnacle_Mergers_and_Acquisitions_has_facilitated_the_successful_sale_of_Groove_Ford.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2658516\/Pinnacle_Mergers_and_Acquisitions_has_facilitated_the_successful_sale_of_Groove_Ford.jpg\" title=\"Pinnacle Mergers &amp; Acquisitions has facilitated the successful sale of Groove Ford in Denver, Colorado, to AutoNation.\" alt=\"Pinnacle Mergers &amp; Acquisitions has facilitated the successful sale of Groove Ford in Denver, Colorado, to AutoNation.\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA58355&amp;sd=2025-04-04\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/pinnacle-mergers--acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation-302421244.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/pinnacle-mergers&#8211;acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation-302421244.html<\/a><\/p>\n<p>SOURCE  Pinnacle Mergers and Acquisitions<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA58355&amp;Transmission_Id=202504041730PR_NEWS_USPR_____DA58355&amp;DateId=20250404\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire This transaction underscores Pinnacle&#8217;s leadership in Colorado dealership M&amp;A SOUTHLAKE, Texas , April 4, 2025 \/PRNewswire\/ &#8212; Pinnacle Mergers &amp; Acquisitions,\u00a0a nationally recognized auto dealership brokerage firm, has facilitated the successful sale of Groove Ford and Groove Mazda in Denver, Colorado, to AutoNation (NYSE: AN), one of the largest automotive retailers in the United States. Pinnacle represented the buyer in this strategic acquisition from Summit Automotive Partners. The dealerships will now operate under the names AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe, further strengthening AutoNation&#8217;s footprint in the growing Colorado automotive market. Pinnacle Mergers &amp; Acquisitions has facilitated the sale of Groove Ford and Groove Mazda in Denver to AutoNation. &#8220;We are proud to once again support a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pinnacle-mergers-acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Pinnacle Mergers &amp; Acquisitions Leads the Sale of Groove Ford and Mazda in Denver to AutoNation&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-834205","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pinnacle Mergers &amp; Acquisitions Leads the Sale of Groove Ford and Mazda in Denver to AutoNation - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pinnacle-mergers-acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pinnacle Mergers &amp; Acquisitions Leads the Sale of Groove Ford and Mazda in Denver to AutoNation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire This transaction underscores Pinnacle&#8217;s leadership in Colorado dealership M&amp;A SOUTHLAKE, Texas , April 4, 2025 \/PRNewswire\/ &#8212; Pinnacle Mergers &amp; Acquisitions,\u00a0a nationally recognized auto dealership brokerage firm, has facilitated the successful sale of Groove Ford and Groove Mazda in Denver, Colorado, to AutoNation (NYSE: AN), one of the largest automotive retailers in the United States. Pinnacle represented the buyer in this strategic acquisition from Summit Automotive Partners. The dealerships will now operate under the names AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe, further strengthening AutoNation&#8217;s footprint in the growing Colorado automotive market. Pinnacle Mergers &amp; Acquisitions has facilitated the sale of Groove Ford and Groove Mazda in Denver to AutoNation. &#8220;We are proud to once again support a &hellip; Continue reading &quot;Pinnacle Mergers &amp; Acquisitions Leads the Sale of Groove Ford and Mazda in Denver to AutoNation&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pinnacle-mergers-acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-04T22:39:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2658515\/Pinnacle_Mergers_and_Acquisitions.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pinnacle-mergers-acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pinnacle-mergers-acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Pinnacle Mergers &amp; 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Pinnacle represented the buyer in this strategic acquisition from Summit Automotive Partners. The dealerships will now operate under the names AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe, further strengthening AutoNation&#8217;s footprint in the growing Colorado automotive market. Pinnacle Mergers &amp; Acquisitions has facilitated the sale of Groove Ford and Groove Mazda in Denver to AutoNation. &#8220;We are proud to once again support a &hellip; Continue reading \"Pinnacle Mergers &amp; Acquisitions Leads the Sale of Groove Ford and Mazda in Denver to AutoNation\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/pinnacle-mergers-acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-04T22:39:38+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2658515\/Pinnacle_Mergers_and_Acquisitions.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pinnacle-mergers-acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pinnacle-mergers-acquisitions-leads-the-sale-of-groove-ford-and-mazda-in-denver-to-autonation\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Pinnacle Mergers &amp; 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