AutoNation Expands in Denver with Groove Dealership Acquisition

Pinnacle Mergers & Acquisitions has successfully managed the sale of Groove Ford and Groove Mazda in Denver, Colorado, to AutoNation, a major automotive retailer in the U.S. The transaction highlights Pinnacle's expertise in dealership M&A and its strong track record in the Colorado market. Pinnacle represented the buyer, AutoNation, in their strategic purchase from Summit Automotive Partners. The acquired dealerships will now operate under the AutoNation brand, enhancing the company's presence in Colorado's growing automotive sector. Pinnacle has a history of completing significant dealership transactions in the region, further establishing Denver as a hub for auto M&A activities. This sale is part of a broader trend of consolidation within the U.S. auto retail industry, driven by large dealer groups seeking to expand into key regional markets.