Southlake, Texas – December 16, 2024 — Pinnacle Mergers & Acquisitions, a leader in nationwide auto dealership brokerage, has successfully facilitated the sale of Reed Hyundai of Kansas City in Merriam, Kansas, on behalf of its owner, Randy Reed, with Reed Automotive Group.
Paul Tew and Jordan Peterson acquired the dealership, marking the second transaction in 2024 in which Pinnacle represented the seller in a sale involving these buyers. 2AutoGroup, established in January 2018, has steadily expanded, representing nine brands strategically located across Colorado and New Mexico. This latest acquisition marks their first store in the Kansas City area and further cements Tew and Peterson’s expansion efforts in the automotive industry.
“Pinnacle’s ability to guide complex transactions with integrity and precision ensures our clients achieve their goals,” said Bill Scrivner, founder and CEO of Pinnacle Mergers & Acquisitions. “We are proud to have represented Randy Reed in this transaction and facilitated another milestone for Paul Tew and Jordan Peterson as they expand their portfolio.”
With a proven track record of over 800 transactions across the country, Pinnacle Mergers & Acquisitions continues to uphold its reputation as a leader in automotive dealership brokerage. Pinnacle’s dedication to excellence has fostered long-term relationships across the industry. The firm’s extensive experience on both the buy-side and sell-side of transactions enables them to deliver unparalleled results, putting billions of dollars into clients’ pockets over their three-decade history.
For more information about Pinnacle Mergers & Acquisitions and their services, visit www.pinnaclemergers.com.
