Ed Morse Automotive Group Acquires Porsche Des Moines in Iowa
Pinnacle Mergers & Acquisitions represented Ed Morse Automotive Group in the acquisition, marking the buyer's continued expansion in Iowa...
Pinnacle Mergers & Acquisitions, an auto dealership brokerage firm, announced 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, company officials stated in a press release.
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 & 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 Hamilton. “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, noted the release. It is also an example of Pinnacle’s hands-on approach to guiding clients through each stage of the buy-sell process.
