December 4, 2019
Posted December 4, 2019 - Denver, CO
W.G. Nielsen & Co., a leading investment banking firm headquartered in Denver, CO, announced today that it acted as financial advisor to Sill-TerHar Motors in its sale of its Aston Martin and Lamborghini dealerships to Mike Ward Automotive.
“Aston Martin and Lamborghini are long-time exotic brands we have grown to love,” said Jack TerHar, President of Sill-TerHar Motors. “We have a lot of respect for Mike Ward and know he will continue to offer outstanding service to these high-end customers.”
“This is an excellent opportunity for us to expand our exotic lines,” said Mike Ward, President of Mike Ward Automotive. “Jack has built a wonderful presence in the Rocky Mountains with Aston Martin and Lamborghini and we look forward to continuing that legacy.”
Wayne Nielsen, who led the deal for W.G. Nielsen & Co., believes this is indicative of increasing opportunities within the retail automotive sector. “We continue to build strong relationships within automotive retailing, and this transaction is another example of the increasing merger and acquisition activity. We continue to see automotive transactions in the high end, luxury market.”
About Sill-TerHar Motors
Sill-TerHar Motors, headquartered in Broomfield, CO, was founded in 1960 and is a premier dealership consisting of five brands: Ford, Lincoln, Maserati, Mazda and Volvo.
About Mike Ward Automotive
Mike Ward Automotive, headquartered in Highlands Ranch, Colorado, offers luxury/exotic dealerships consisting of six marquee brands: Infiniti, Maserati, Alfa Romeo, McLaren plus now Aston Martin and Lamborghini
About W.G. Nielsen & Co.
W.G. Nielsen & Co. is one of the Rocky Mountain region’s premier FINRA-registered investment banking firms, specializing in mergers and acquisitions and innovative capital solutions. Founded in 1996, Denver-based W.G. Nielsen & Co. is the oldest independently owned investment banking firm in the region. The firm differentiates itself with a staff of senior investment bankers who have broad experience and important relationships in their areas of expertise. The firm’s bankers have collectively closed hundreds of transactions throughout the United States and internationally.
For more information about this transaction, please contact Wayne Nielsen or Greg Karsh at 303.830.1515, or visit www.wgnielsen.com.