October 31, 2024
W.G. Nielsen & Co. is excited to announce the sale of Groove Subaru of Silverthorne and Groove Chrysler Jeep Dodge Ram in Silverthorne, CO to AutoStar USA
W.G. Nielsen & Co., a leading investment banking firm in Denver, CO, acted as an advisor to Summit Automotive Partners in the sale of two of its dealerships: Groove Subaru of Silverthorne and Groove Chrysler Jeep Dodge Ram in Silverthorne, CO to Silverthorne Automotive Group, LLC, an affiliate of AutoStar USA.
Wayne Nielsen, who led the deal for W.G. Nielsen & Co., believes this is indicative of increasing opportunities within the retail automotive sector. “We continue to build strong relationships within automotive retailing, and this transaction is another example of the increasing merger and acquisition activity. We continue to see a significant amount of automotive transactions, from single-point dealerships to multi-point platforms.”
About W.G. Nielsen & Co.
W.G. Nielsen & Co. is a Denver-based investment banking firm specializing in mergers and acquisitions (sell-side and buy-side advisory services) and structured and leveraged financing transactions. W.G. Nielsen & Co., an independently owned FINRA investment banking firm, offers clients innovative financing solutions. W.G. Nielsen & Co. enables select mid-sized clients to achieve their goals through strategic alliances, industry experience, and proven methodologies. Since the firm's inception in 1996, W.G. Nielsen professionals have completed transactions valued at more than $6 billion. For more information, please visit www.wgnielsen.com. For information on the above transaction, please contact the WGN Team, Wayne Nielsen and Greg Karsh, at (303) 830-1515.