SOUTHLAKE, Texas, July 23,
2024 /PRNewswire/ -- Pinnacle Mergers &
Acquisitions, a nationwide auto dealership brokerage firm, has
recently completed another successful transaction in the
Washington automotive market.
Pinnacle represented Sonic Automotive in selling Dave Smith Nissan in Spokane, Washington, to Xavier Cortes. The dealership will operate under
the new name of Cortes Nissan.
"Working with JB and the Pinnacle team was
an amazing experience," said Cortes.
Pinnacle's long-standing relationship with Sonic Automotive has
led to more than 50 transactions dating back to 1997. A few of the
more notable transactions include Mercedes
Benz of Nashville, Tenn.,
Mercedes Benz of Walnut Creek, Calif., and W.I. Simonson Mercedes Benz in Santa Monica, Calif., Auto-Strauss Mercedes
Benz and BMW in Ann Arbor, Mich.,
Williams Mercedes Benz, Porsche, and
BMW in Lansing, Mich., Toyota of
Fort Worth, Texas, Massey Cadillac
in Dallas, Texas, Honda of
Fort Myers, Fla., Park Place Audi in Dallas, Texas and Nevada Dodge in Las
Vegas, Nev.
Bill Scrivner and JB Douglas of
Pinnacle Mergers & Acquisitions brokered the transaction. The
acquisition marks Cortes' fourth dealership in Washington. "Working with JB and the Pinnacle
team was an amazing experience," said Cortes. "They are a
well-trained and informed team. I look forward to doing more
business with Pinnacle in the future."
Sonic Automotive is one of the nation's largest automotive
retailers based in Charlotte, North
Carolina. The company operates in 24 states with over 100
dealerships representing over 25 different new car brands.
"Pinnacle's knowledge and understanding of the Sonic brand,
coupled with our three decades of industry experience, continues to
help Sonic and other clients achieve their goals," said
Bill Scrivner, Pinnacle's CEO. "Our
team's track record of closing over 750 transactions has put
billions of dollars into our client's pockets!"
Pinnacle continues to represent luxury, premium, and
family-owned dealerships with the same dedication and integrity
that has made them stand out in the automotive brokerage industry
for the last thirty years. "With more than 60 years of combined
experience as intermediaries on both the buy-side and sell-side of
transactions, we conduct business with the same commitment to
integrity and customer success that has guided us for the last
three decades," said Scrivner. "We continue to utilize our
unparalleled industry knowledge to serve as intermediaries for our
clients, helping them achieve their goals as buyers or
sellers."
To learn more about the services offered by Pinnacle Mergers
& Acquisitions or to receive a confidential consultation,
visit www.pinnaclemergers.com.
For more information contact nikki@cultivateagency.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/pinnacle-mergers--acquisitions-represents-sonic-automotive-in-the-sale-of-dave-smith-nissan-302204405.html
SOURCE Pinnacle Mergers & Acquisitions