Automotive M&A
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Dave Cantin Group Announces Sale of Midwestern Auto Group to Jeff Wyler Automotive Family; Ferrari and Lamborghini Among 14 Franchises in Historic $500 Million in Total Acquisition Value Transaction
Globenewswire· 2026-01-14 17:50
Core Insights - The Jeff Wyler Automotive Family has acquired Midwestern Auto Group for a total acquisition value of $500 million, marking it as one of the largest franchise automotive transactions by a privately held company and the largest overall auto retail transaction in 2026 [1][4] Group 1: Acquisition Details - The acquisition includes 14 premium and luxury brands such as Ferrari and Lamborghini, significantly expanding Wyler's portfolio to a total of 64 franchises [1][5] - This transaction is noted as the second-largest luxury automotive retail transaction in the U.S. since early 2025 and ranks among the top three largest Midwest dealership transactions by total enterprise value [4] Group 2: Advisory Role - Dave Cantin Group served as the exclusive sell-side advisor to Midwestern owner Mark Brentlinger, facilitating a succession plan that took nearly two years to execute [2] - The advisory process involved collaboration with legal and wealth management teams to ensure the protection of Brentlinger's legacy [2] Group 3: Industry Context - Transactions like the acquisition of Midwestern Auto Group are exceptionally rare in the automotive industry, particularly for a single-site campus offering multiple premium and luxury franchises [2] - The deal is characterized as a "unicorn" luxury campus deal, highlighting its significance in private-to-private acquisitions within the U.S. retail automotive sector [5]
Pinnacle Mergers & Acquisitions Leads the Sale of Groove Ford and Mazda in Denver to AutoNation
Prnewswire· 2025-04-04 22:36
Core Insights - Pinnacle Mergers & Acquisitions successfully facilitated the sale of Groove Ford and Groove Mazda to AutoNation, enhancing AutoNation's presence in the Colorado automotive market [1][3] - The transaction highlights Pinnacle's expertise and strong track record in the Colorado dealership M&A sector, having completed multiple high-profile transactions [3][4] Company Summary - Pinnacle Mergers & Acquisitions has completed over 850 dealership transactions nationwide, totaling $40 billion in completed transactions [5] - The firm has a combined experience of 85 years, providing expert guidance and customized strategies to drive value in transactions [5] Industry Summary - The transaction reflects ongoing consolidation in the U.S. auto retail space, with large dealer groups expanding into key regional markets to adapt to changing consumer demand [4] - The Denver metro area is identified as one of the most active regions for automotive M&A activity, with strong dealership valuations and high buyer interest [4]