Pinnacle Mergers & Acquisitions facilitates sale of Groove Subaru Denver to Larry Van Tuyl
Jan 17, 2025•11 months ago
Acquiring Company
Pinnacle Mergers & Acquisitions
Acquired Company
Groove Subaru Denver
Assam
DenverDescription
Pinnacle Mergers & Acquisitions, the top automotive dealership brokerage firm in the US, announces the successful sale of Groove Subaru in Denver, Colorado to Larry Van Tuyl of VT Companies. This transaction marks Larry Van Tuyl's second dealership acquisition in Colorado, adding to his expansive portfolio of stores in Arizona, Texas, and California.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed