SOUTHLAKE, Texas, Dec. 31, 2024 — Pinnacle Mergers & Acquisitions, a leading auto dealership brokerage, successfully completed the sale of Groove Toyota, previously owned by Summit Automotive Partners, to Larry Van Tuyl of VT Companies. The dealership will keep the Groove name under new ownership.
This acquisition represents Larry Van Tuyl’s first dealership in Colorado, expanding his existing holdings in Arizona, Texas, and California.
“My father and I have had a long business relationship with Bill Scrivner for decades,” stated Van Tuyl, VT Companies CEO. “He’s a man of integrity, honesty, and hard work, always striving for mutually beneficial outcomes. He values lasting relationships and possesses a strong personal foundation that complements his professional success. Bill simplifies complex transactions while ensuring optimal results for his clients. He’s a truly excellent person!”
This is Pinnacle’s second transaction with Summit Automotive Partners in two months. In October, Pinnacle facilitated Corwin Auto Group’s purchase of Groove Honda in Colorado Springs from Summit.
“Pinnacle and Larry Van Tuyl share a 30-year relationship, marked by over 30 successful transactions,” said Bill Scrivner, Pinnacle Mergers & Acquisitions founder and CEO. “We’re proud to continue supporting his automotive endeavors and helping him achieve his objectives.”
Pinnacle boasts a strong track record of successful transactions in Colorado, including representing Lithia Motors in acquiring Ferrari of Denver, John Elway Dealership Group in acquiring Bentley and Lotus of Denver, and Autostar Automotive Group in acquiring Subaru and Dodge Chrysler Jeep Ram of Silverthorne, to name a few.
Having completed over 800 transactions nationwide, Pinnacle Mergers & Acquisitions continues to demonstrate excellence in dealership brokerage, providing extensive experience, integrity, and commitment to client success.
For more information about Pinnacle Mergers & Acquisitions and their services, visit .
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Anne Kimmey
SOURCE Pinnacle Mergers & Acquisitions