Pinnacle Mergers & Acquisitions Celebrates Successful Sale of Porsche Des Moines to Ed Morse Automotive Group

Recent Acquisition: Porsche Des Moines Sold to Ed Morse Automotive Group

Pinnacle Mergers & Acquisitions, a prominent brokerage firm that specializes in auto dealership transactions, has successfully facilitated the sale of Porsche Des Moines in Iowa. The dealership, which was previously owned by Jason Pittack of the Woodhouse Auto Family, is now under the ownership of Ed Morse Automotive Group. This move is part of Ed Morse's ongoing strategy to expand its presence in the Iowa market.

The deal, which was finalized on April 1, 2026, allows Porsche Des Moines to continue operating under its well-recognized name. Bill Scrivner, the Founder and CEO of Pinnacle Mergers & Acquisitions, expressed satisfaction with the transaction, stating, "Ed Morse Automotive Group is a first-class organization, and we've really enjoyed getting to know their team throughout this process. At Pinnacle, our business is built on relationships, and we take pride in helping bring the right people together in opportunities like this."

Randy Hoffman, Chief Operating Officer of Ed Morse Automotive Group, lauded Pinnacle for their professionalism during the deal. He noted, "Working with Pinnacle Mergers and Acquisitions was a fantastic experience. They are keenly aware of the intricacies of dealership transactions and helped us develop the necessary partnership with the seller to ensure a smooth and successful close."

The seamless collaboration between Ed Morse Automotive Group and Pinnacle's team, including Executive Vice President Wes Hamilton, speaks to the effective communication and trust established throughout the acquiring process. "It is always a pleasure to work with Randy. He is transparent, efficient, and understands that a deal must benefit both buyer and seller," said Hamilton.

This transaction highlights Pinnacle's ongoing mission to guide dealership groups through strategic growth initiatives and tap into long-term investment opportunities. With over 85 years of combined experience in dealership brokerage, their expertise has been demonstrated through more than 850 successfully completed transactions, translating to over $40 billion in proceeds for clients since the firm’s inception.

Focusing on customizing strategies that drive value and long-term success, Pinnacle Mergers & Acquisitions continues to be a reliable partner for both buyers and sellers within the automotive industry. To find out more about their services or to request a confidential consultation, interested parties can visit the official website at www.pinnaclemergers.com. This sale not only represents a significant addition to Ed Morse Automotive Group but also further cements Pinnacle's reputation as a leader in facilitating automotive transactions across the nation.

In summary, the acquisition of Porsche Des Moines by Ed Morse Automotive Group exemplifies the dynamic nature of the automotive marketplace and the integral role brokerage firms like Pinnacle play in navigating these complex transactions. The future looks promising for both the dealership and its new owners, as they embark on a new chapter in their operational journey in the heart of Iowa.