Pinnacle Mergers & Acquisitions Facilitates Sale of Enchanted Mazda to 2AutoGroup

Pinnacle Mergers & Acquisitions, an established nationwide auto dealership brokerage firm, recently completed the sale of Enchanted Mazda in Santa Fe, New Mexico, to 2AutoGroup. Post-acquisition, the dealership has been rebranded as Santa Fe Mazda. This transaction marks another collaboration between Pinnacle and Sonic Automotive, a Charlotte-based Fortune 500 company and a significant player in the U.S. automotive retail scene.

2AutoGroup, a growing entity in the automotive industry, was established in 2018 and boasts a portfolio that now includes six stores across multiple states. The acquisition of Enchanted Mazda represents its first venture outside Colorado. The company expressed enthusiasm for integrating into Santa Fe's dynamic market, emphasizing the cultural and economic synergy.

Bill Scrivner, CEO of Pinnacle Mergers & Acquisitions, highlighted the firm’s extensive experience and deep understanding of the automotive market, which have been instrumental in facilitating deals for clients like Sonic Automotive. Over the decades, Pinnacle has closed over 750 transactions, significantly benefiting client stakeholders.

For 2AutoGroup, the foray into the Santa Fe market is seen as an opportunity to extend their commitment to excellent service and community engagement in the automotive sector. They credited Pinnacle and Wes Hamilton specifically for their support throughout the transaction process, indicating prospects for future collaborations.