Andy Unanue Acquires Sutherlin Nissan of Vero Beach

Krause Auto Group Acquires Three Florida Dealerships from Sutherlin Automotive

August 5, 2024

Automotive

Krause Auto Group of Alpharetta, Georgia purchased three Southwest Florida dealerships from Sutherlin Automotive Group for more than $110 million in an acquisition that includes Sutherlin Nissan of Fort Myers, Sutherlin Nissan of Cape Coral and Sutherlin Genesis in Fort Myers. The stores will be rebranded as Nissan of Cape Coral, Nissan of Fort Myers and Fort Myers Genesis; Krause plans renovations and service expansion at the Fort Myers Nissan location. Pinnacle Mergers & Acquisitions represented the seller in the transaction.

Perrin Automotive Group Acquires Sutherlin Cherokee County Nissan

August 22, 2023

Automotive

Perrin Automotive Group (the Perrin family) has acquired Sutherlin Cherokee County Nissan in Holly Springs, Georgia from Sutherlin Automotive. The deal expands Perrin's presence in the Atlanta metro area as part of its regional growth strategy.

Krause Auto Group / Vernon Krause Acquires Sutherlin Hyundai of Athens

August 29, 2023

Automotive

Vernon Krause, through Krause Auto Group, purchased Sutherlin Hyundai of Athens in Athens, Georgia from Sutherlin Automotive. Pinnacle Mergers & Acquisitions represented the seller; the dealership will operate as Hyundai of Athens as part of Krause's expansion in the Georgia market.

Champion and Wallace Automotive Acquire Four Kingsport, Tennessee Dealerships

September 7, 2023

Automotive

Pinnacle Mergers & Acquisitions brokered the sale of four Kingsport, Tennessee car dealerships formerly owned by the estates of John King and Sam Anderson. Wallace Automotive (the Baker family) acquired the Fairway Ford and Fairway Volkswagen stores, while Andy Dietrich and Tim Copenhaver purchased Courtesy Chevrolet Buick GMC (now Champion Chevrolet Buick GMC); disposition of the Courtesy Subaru point was coordinated with Subaru.

Jerry Seiner Dealerships Acquires Earnhardt Buick GMC and Earnhardt Mazda (Las Vegas)

March 3, 2022

Automotive

Utah-based Jerry Seiner Dealerships has acquired Earnhardt Buick GMC and Earnhardt Mazda in Las Vegas from Earnhardt Auto Centers. The deal represents Earnhardt Auto Centers divesting two Las Vegas stores so it can focus on its core Arizona operations while Jerry Seiner expands geographically into the Las Vegas market.

Group 1 Automotive Acquires Estero Bay Chevrolet

April 3, 2023

Automotive

Group 1 Automotive has acquired Estero Bay Chevrolet, the top-volume Chevrolet dealership in Southwest Florida. Kerrigan Advisors represented the Winton and Denson families in the transaction as the sellers; the deal expands Group 1's footprint in a high-growth Florida market.