Visionary Auto Group Acquires Groove Toyota

Young happy man talking to car salesperson in a showroom

January 14, 2025

W.G. Nielsen & Co. is excited to announce the sale of Groove Toyota to VAG TGCO, LLC, a subsidiary of Visionary Auto Group

W.G. Nielsen & Co., a leading investment banking firm in Denver, CO, acted as an advisor to Summit Automotive Partners in the sale of its dealership: Groove Toyota in Englewood, CO to an affiliate of Larry Van Tuyl and Visionary Auto Group.

Wayne Nielsen, who led the deal for W.G. Nielsen & Co., believes this is another example of increasing opportunities within the retail automotive sector. “We continue to see a significant amount of automotive transactions throughout the U.S. and working with clients both on the buy and sell side.”

About Summit Automotive Partners

Summit Automotive Partners is a privately-held automotive management group headquartered in Denver, CO.  Summit’s dealership network is comprised of Groove Automotive and H.M. Brown & Associates (Colorado), Vista Auto (Wyoming) and Berlin City (Vermont, Maine and New Hampshire).

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.

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