Lithia Motors has sold its Ferrari of Denver store to Woodhouse Auto Family CEO Jason Pittack, according to a news release from Pinnacle Mergers & Acquisitions, which advised Lithia on the transaction.

Pinnacle also represented Lithia when it sold Toyota of Gallatin in Nashville, Tenn., earlier this year. The advisory has worked with the dealer group for more than 30 years on dozens of transactions, both as a buyer and seller.

As for this latest transaction, the store will continue as Ferrari of Denver.

The transaction closed Thursday.

“Premium and luxury dealerships require a unique understanding of brand standards, customer relationships, and long-term market positioning,” Pinnacle founder and CEO Bill Scrivner said in a news release.

“We were honored to represent Lithia Motors in this transaction and help facilitate another opportunity with Jason Pittack. Our relationship with both parties, combined with decades of experience in dealership transactions, helped create alignment throughout the process and position the business for continued success.”