Champion and Wallace Automotive Acquire Four Kingsport, Tennessee Dealerships

Victory Automotive Group Acquires Advantage Toyota and Ball Toyota

December 2, 2024

Automotive

Victory Automotive Group has acquired Advantage Toyota (now Victory Toyota of Barboursville) and Ball Toyota (now Victory Toyota of Charleston) from Shawn and David Ball. Haig Partners served as exclusive sell-side advisor for the transaction as Victory expands its portfolio to 55 dealerships across 11 states.

CFO Auto Group Acquires Guaranty Chevrolet

August 21, 2023

Automotive

Guaranty Chevrolet, a family-owned Chevrolet dealership in Junction City, Oregon, has been acquired by CFO Auto Group, Inc. FOCUS Investment Banking represented Guaranty Chevrolet in the sale as owner Shannon Nill retires after 42 years with the business.

LMP Automotive Holdings Acquires Bachman-Bernard Chevrolet-Buick-GMC-Cadillac (with Real Estate)

March 24, 2021

Automotive

LMP Automotive Holdings, Inc. (NASDAQ: LMPX) has closed the acquisition of Bachman-Bernard Chevrolet-Buick-GMC-Cadillac and the associated real estate located at 3365 E Andrew Johnson Hwy in Greeneville, Tennessee. The deal, which includes Chevrolet, Buick, GMC and Cadillac franchises, is part of LMP's Stage One consolidation plan to expand its dealership network and expected EBITDA contribution.

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.

John Elway and Mitch Pierce Acquire Multiple Denver Dealerships from Lithia Motors

June 27, 2023

Automotive

Pinnacle Mergers & Acquisitions represented Lithia Motors in a late-2022 transaction selling a group of Denver automotive franchises to local operators John Elway and Mitch Pierce. The portfolio included luxury and specialty franchises now operating as Bentley Denver, Lotus Denver, KARMA Denver, Pininfarina Denver and SSC North America (Ferrari Denver was referenced in the announcement). The deal was part of Lithia's portfolio transactions facilitated by Pinnacle.

Kunes Auto & RV Group Acquires Three Dealerships in Minnesota and Lake Bluff, Illinois

February 3, 2026

Automotive

Kunes Auto & RV Group completed three acquisitions, purchasing two dealerships from the family‑owned Valley Automotive Group (now Kunes Apple Valley and Kunes Valley GMC in Hastings, Minnesota) and Kunes Lakes Chevrolet in Lake Bluff, Illinois from The Exchange. The deals expand Kunes’ Midwest footprint into the Twin Cities market and the Chicago North Shore, and include a succession element as Valley Automotive Group’s family remained involved in Minnesota operations.