Gilchrist Automotive has acquired Team Gillman Chevrolet in Houston, according to Pinnacle Mergers & Acquisitions, the brokerage representing Team Gillman and owner Chris Gillman in the sale.

Dallas-Forth Worth metroplex-based Gilchrist has stores throughout North Texas and Southern Oklahoma and now, a location in Houston.

The dealership has been renamed Gilchrist Chevrolet.

“This is my fourth transaction with Pinnacle,” Chris Gillman said in a news release. “Mike Sims and Bill Scrivner have earned my trust and have been a great partner to our organization.

“As we continue to grow our company and look for new opportunities, this transaction made sense for the company and our employees, and we feel they are in great hands with the Gilchrist family.”

Pinnacle founder and CEO Bill Scrivner added, “We have a 20-year relationship with the Gillman family and have enjoyed working with Chris and his team. Chris continues to build on his family’s long legacy as a leader in the South Texas retail automotive business.”

Gilchrist dealer principal Charlie Gilchrist said in the release, ““Working with Pinnacle Mergers and Acquisitions was a five-star experience. While buy-sells can become very cumbersome and complex, Mike Sims and Wes Hamilton made for a smooth and seamless transaction, keeping both sides focused and on task as we navigated the process from introduction to close.

“We have done many deals, but this transaction was greatly simplified by Pinnacle, and we look forward to doing more deals with them in the future.”