Sutherlin Automotive Group Sells Vero Beach Dealership
Deal News | Nov 13, 2024 | EIN
Pinnacle Mergers & Acquisitions, a firm with extensive experience in the automotive dealership realm, recently facilitated the sale of Sutherlin Nissan of Vero Beach. Pinnacle represented the seller, Sutherlin Automotive Group, in the transaction, transferring ownership to Andy Unanue. Sutherlin Automotive, a family-led business for over 50 years, has been under the leadership of Brett Sutherlin and has consistently been a leader in the industry, known for top-notch customer service. This strategic sale is part of Sutherlin's broader plan to diversify its brand portfolio. Pinnacle has facilitated several transactions for Sutherlin, highlighting strong market demand for dealerships in high-value locations such as Florida. The deal signifies Pinnacle's commitment to excellence, built on decades of experience in both buy-side and sell-side deal-making within the competitive automotive sector.
Sectors
- Automotive Dealerships
- Mergers and Acquisitions (M&A)
Geography
- United States – The transaction and the participant companies are based in the United States, specifically noting significant activity in the Florida market.
- Florida – The sale involves the Sutherlin Nissan dealership located in Vero Beach, Florida, underscoring the region's importance in the automotive dealership market.
Industry
- Automotive Dealerships – The article discusses the sale of an automobile dealership, highlighting trends, strategies, and market dynamics in this sector.
- Mergers and Acquisitions (M&A) – The transaction facilitated by Pinnacle Mergers & Acquisitions is an M&A activity, a core aspect of corporate finance and strategic business realignment.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sutherlin Automotive Group | Seller | Company | A family-owned automotive group with over half a century of experience in the industry, known for customer service excellence. |
| Pinnacle Mergers & Acquisitions | Advisory | Company | A nationwide brokerage and advisory firm specializing in the buying and selling of auto dealerships. |
| Brett Sutherlin | CEO | Person | The current owner and CEO of Sutherlin Automotive Group, leading the company in its growth and diversification strategies. |
| Andy Unanue | Buyer | Person | The individual who acquired the Sutherlin Nissan dealership, now operating it under the new name Nissan of Vero Beach. |