Elway Dealership Group expands local holdings with Northern Colorado Powersports acquisition

FORT COLLINS — As recently as late last year, Elway Dealership Group was without a presence in Northern Colorado. Now the group owns two dealerships.

Elway, through holding company PS CO1 LLC, closed on a deal this week to acquire Northern Colorado Powersports in Northern Colorado, a dealer that sells motorcycles, snow machines and personal watercraft. Financial terms were not disclosed.

The move comes about six months after Elway’s Denver-based organization bought Co’s BMW of Loveland and MINI of Loveland. 

Elway Dealership Group, which had long had a Northern Colorado foothold in Greeley, sold off its operation there last year to Asbury…