Retail  October 3, 2019

Former AutoNation chief buys Longmont Ford

LONGMONT — A firm led by Mike Maroon, former CEO of car dealership chain AutoNation, has purchased Longmont Ford.

That company — registered as CO Auto LGMTFRD LLC and operating under the trade name Mike Maroone Longmont Ford — is a partnership with Pat Grooms, who will become president and operating partner of Longmont Ford.

The dealership’s previous owner Mike Peebles, who bought Longmont Ford in 2005, still owns and operates his other Ford dealership, Columbine Ford in Rifle.

SPONSORED CONTENT

Solar Operations and Maintenance for Commercial Properties

One key qualification to consider when selecting a solar partner to install your system is whether they have an Operations and Maintenance (O&M) or service department. Since solar is a long-term asset with an expected lifecycle of 30 plus years, ongoing O&M should be considered up front. A trusted O&M partner will maximize your system’s energy output and therefor the return on your investment.

Terms of the Longmont Ford deal, in which Peebles was represented by Kerrigan Advisors Inc.,

 were not disclosed.

LONGMONT — A firm led by Mike Maroon, former CEO of car dealership chain AutoNation, has purchased Longmont Ford.

That company — registered as CO Auto LGMTFRD LLC and operating under the trade name Mike Maroone Longmont Ford — is a partnership with Pat Grooms, who will become president and operating partner of Longmont Ford.

The dealership’s previous owner Mike Peebles, who bought Longmont Ford in 2005, still owns and operates his other Ford dealership, Columbine Ford in Rifle.

Terms of the Longmont Ford deal, in which Peebles was represented by…

Lucas High
A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
Sign up for BizWest Daily Alerts