Press Release

Pinnacle Mergers & Acquisitions Facilitates Sale of Porsche Des Moines in Iowa to Ed Morse Automotive Group

  • Pinnacle Mergers & Acquisitions represented the buyer in the transaction
  • The dealership will continue operating under the Porsche Des Moines name

SOUTHLAKE, Texas, April 2, 2026 /PRNewswire/ — Pinnacle Mergers & Acquisitions, a leading auto dealership brokerage firm, announces the sale of Porsche Des Moines, previously owned by Jason Pittack of the Woodhouse Auto Family, to Ed Morse Automotive Group. The dealership will continue operating under the Porsche Des Moines name.

Pinnacle represented the buyer, Ed Morse Automotive Group, in the acquisition, marking the organization’s continued expansion in the Iowa market and its first completed transaction with Pinnacle.

“Ed Morse Automotive Group is a first-class organization, and we’ve really enjoyed getting to know their team throughout this process,” said Bill Scrivner, Founder and CEO of Pinnacle Mergers & Acquisitions. “At Pinnacle, our business is built on relationships, and we take pride in helping bring the right people together in opportunities like this.”

“Working with Pinnacle Mergers and Acquisitions was a fantastic experience. They are keenly aware of the intricacies of a dealership transaction and were able to facilitate and help us develop the needed partnership with the seller to make for a smooth transaction and successful close,” said Randy Hoffman, Chief Operating Officer of Ed Morse Automotive Group. “I have been working with Wes Hamilton, Executive Vice President of Pinnacle, for several years. It’s a privilege for us to complete this deal with Wes, Bill Scrivner and the Pinnacle team.”

“It is always a pleasure to work with Randy. He is transparent, efficient, moves quickly, and understands a deal must be a win-win for both buyer and seller,” said Wes Hamilton, Executive Vice President of Pinnacle Mergers & Acquisitions. “We look forward to many more transactions in the future with Randy and Ed Morse Automotive Group.”

The transaction closed on April 1, 2026, and reflects Pinnacle’s continued efforts advising dealership groups on strategic growth and long-term investment opportunities across the country. It is also an example of Pinnacle’s hands-on approach to guiding clients through each stage of the buy-sell process.

About Pinnacle Mergers & Acquisitions
Pinnacle Mergers & Acquisitions has over 85 years of combined experience as dealership brokers. The firm has completed more than 850 transactions, representing over $40 billion in proceeds for its clients. Pinnacle is a trusted partner to both buyers and sellers, providing expert guidance and customized strategies that drive value and long-term success in every transaction.

To learn more about Pinnacle’s services or to schedule a confidential consultation, visit www.pinnaclemergers.com

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SOURCE Pinnacle Mergers and Acquisitions

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