W.G. Nielsen & Co. Financial Advisor to Moreland Auto Group

August 8, 2016

W.G. Nielsen & Co., a leading investment banking firm headquartered in Denver, CO, announced that Moreland Auto Group has sold Centennial Chrysler Jeep located in Denver, CO. The dealership was co-owned by Doug Moreland and Carl Ventsam.

"AutoNation is an ideal buyer to continue the legacy we built," said Doug Moreland, head of the Moreland Auto Group. "Their focus on customer service and reliability, as well as giving back to the community, assures me that this store and our customers will be in good hands."

Mike Jackson, AutoNation's Chairman, Chief Executive Officer and President, stated, "We are pleased with the opportunity to expand the AutoNation Brand in the Denver Market. This acquisition will complement our existing footprint on Arapahoe Road, which is an attractive auto retail location. We look forward to welcoming Centennial Chrysler Jeep and its associates to AutoNation."

Wayne Nielsen, who led the deal for W.G. Nielsen & Co., believes that 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 opportunities available. We remain actively engaged with several opportunities in the automotive space and expect to see more transactions done in this sector in 2016 and 2017.

About Moreland Auto Group, Dealin' Doug

Founded in 1980, Moreland Dealerships have become a staple in Colorado's automotive world. Well known for his creative and colorful "Dealin' Doug" advertisements, Doug Moreland is an acknowledged leader in Colorado's automotive industry. The Company's remaining platform is comprised of 11 automotive dealerships representing 8 manufacturers.

About AutoNation, Inc.

AutoNation is America's largest automotive retailer, currently owning and operating 364 new vehicle franchises from coast to coast. AutoNation sold its 10 millionth vehicle in 2015, the first automotive retailer to reach this milestone. AutoNation is also the only automotive retailer to guarantee every vehicle retailed is recall free. A commitment to delivering a peerless experience through customer-focused sales and service processes is what drives AutoNation's success. AutoNation supports the Breast Cancer Research Foundation through its Drive Pink Campaign. AutoNation is transforming the automotive industry through bold leadership, technology and innovation.

About W.G. Nielsen & Co.

W.G. Nielsen & Co. is a Denver-based investment banking firm that specializes in mergers and acquisitions (sell side and buy side advisory services) and structered and leveraged financing transactions. W.G. Nielsen & Co., an independently owned, FINRA investment banking firm, offers clients innovative financing solutions. The firm 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 & Co. professionals have completed transactions valued in excess of $4 billion.

For more information on this transaction, please contact Wayne Nielsen at 303.830.1515, or visit www.wgnielsen.com.

Posted 08/08/2016 Denver, CO

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