ACMGMT LLC, led by Ali Ahmed, has purchased Sutherlin Nissan of Fort Pierce, Fla., from Sutherlin Automotive Group, George Chaconas of Performance Brokerage Services announced.

The dealership, which has been renamed Nissan of Fort Pierce, becomes the 38th owned by ACMGMT, according to Performance Brokerage Services.

Sutherlin Automotive Group was founded by George Sutherlin more than 50 years ago. During his long career, Sutherlin owned more than 60 new car franchise dealerships.

The group, now operated by George’s son Brett, currently operates seven locations in the Southeast.