Eco Drive Acquires Berlin City Auto Group

A row of colorful cars parked in front of a modern automotive dealership building in New Hampshire, representing the acquisition by Eco Drive.

February 10, 2026

W.G. Nielsen & Co. is excited to announce the sale of five dealerships representing nine brands in New Hampshire

W.G. Nielsen & Co., a leading investment banking firm in Denver, CO, acted as an advisor to Summit Automotive Partners in the sale of its five Berlin City dealerships in Gorham, New Hampshire to an affiliate of EcoDrive. In total, the five dealerships represented nine brands: Toyota, Honda, Chrysler, Dodge, Jeep, Ram, Nissan, Chevrolet and GMC.

Per Alex Gillett, CEO of Summit, “We are excited for Arthur and EcoDrive to have the opportunity to grow their footprint into New Hampshire with these wonderful franchises.”

For Artem (Arthur) Boguslavskiy, owner of EcoDrive, this expands EcoDrive’s dealerships to New York, New Jersey, Pennsylvania and New Hampshire.

Wayne Nielsen, who led the deal for W.G. Nielsen & Co., believes this is another example of increasing opportunities within the retail automotive sector. “We continue to see a significant amount of automotive transactions throughout the U.S. Our activity certainly picked at the end of 2025, and more so in early 2026, as dealer principals navigated through a vacillating 2025 with tariffs and other challenges. We are working closely with clients, both on the buy and sell side, as they navigate through these times of uncertainty.”

About Summit Automotive Partners

Summit Automotive Partners is a privately-held automotive management group headquartered in Denver, CO.  Summit’s dealership network is comprised of H.M. Brown & Associates (Colorado), Vista Auto (Colorado and Wyoming) and Berlin City (Maine and Vermont).

About W.G. Nielsen & Co.

W.G. Nielsen & Co. is a Denver-based investment banking firm specializing in mergers and acquisitions (sell-side and buy-side advisory services) and structured and leveraged financing transactions. W.G. Nielsen & Co., an independently owned FINRA investment banking firm, offers clients innovative financing solutions. W.G. Nielsen & Co. enables select mid-sized clients to achieve their goals through strategic alliances, industry experience, and proven methodologies. Since the firm's inception in 1996, W.G. Nielsen professionals have completed transactions valued at more than $6 billion. For more information, please visit www.wgnielsen.com. For information on the above transaction, please contact the WGN Team, Wayne Nielsen and Greg Karsh, at (303) 830-1515.

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