#United States #Denver #Pinnacle Mergers #Groove Subaru #Larry VanTuyl

Pinnacle Mergers & Acquisitions Facilitates the Sale of Groove Subaru

In a significant development in the automotive dealership sector, Pinnacle Mergers & Acquisitions, the foremost automotive brokerage firm in the United States, has successfully orchestrated the sale of Groove Subaru located in Denver, Colorado. The buyer, Larry Van Tuyl, who leads VT Companies, has now added this dealership to his expanding network, which already comprises various locations in Arizona, Texas, and California.

The sale, previously owned by Summit Automotive Partners, marks an important addition to Van Tuyl’s impressive portfolio. Under this new ownership, the dealership will continue to operate under the Groove name, maintaining its established identity in the Denver market. This transaction is noteworthy as it represents Van Tuyl’s second dealership acquisition in Colorado, reflecting his commitment to growth within the region.

Larry Van Tuyl expressed appreciation for his long-standing relationship with Bill Scrivner, the founder and CEO of Pinnacle Mergers & Acquisitions. Van Tuyl emphasized that he has known Scrivner for decades, noting his character, honesty, and dedication to creating mutually beneficial outcomes in complex transactions. “Bill Scrivner is a GOOD MAN,” Van Tuyl stated, emphasizing Scrivner's expertise in making complicated negotiations straightforward and client-focused.

Scrivner himself has praised the partnership with Van Tuyl, stating, “Larry has been not just a client but a friend for over 30 years. We’ve assisted him in selling dealerships and re-entering the automotive business post-retirement. Our collaboration has led to multiple successful acquisitions across states like Texas, Colorado, Arizona, and California.”

Pinnacle Mergers & Acquisitions has previously facilitated numerous high-profile transactions within Colorado. Notable sales have included the acquisition of Ferrari of Denver by Lithia Motors, and Bentley and Lotus of Denver by the John Elway Dealership Group. These ventures underscore Pinnacle’s prominent role in dealership brokerage, with a robust history of successful transactions exceeding 800 in total nationwide.

The firm prides itself on its integrity, expertise, and unwavering commitment to assisting clients in achieving their business objectives. As part of its ongoing initiatives, Pinnacle will be available for meetings at the NADA Show in New Orleans from January 23 to 26, inviting stakeholders to connect regarding future opportunities.

For those interested in learning more about Pinnacle Mergers & Acquisitions and their suite of services, detailed information can be found on their official website, www.pinnaclemergers.com.

With the automotive industry constantly evolving, Pinnacle’s strategic facilitation of dealership transactions illustrates the dynamic landscape of acquisitions and the growing importance of established partnerships based on trust and shared goals. As Larry Van Tuyl expands his dealership footprint, the future looks bright for both him and Pinnacle Mergers & Acquisitions in driving success within the automotive sector.