Quick Summary
Artem Boguslavskiy, an automotive entrepreneur, acquired six Berlin City franchised dealerships in Gorham, New Hampshire, from Alex Gillett. The deal was advised and announced by Pinnacle Mergers & Acquisitions on Jan. 15, with a rebranding of the stores planned “soon.” Terms were not disclosed.
What’s Included
- Berlin City Toyota
- Berlin City Honda
- Berlin City Nissan
- Berlin City Chrysler Dodge Jeep Ram
- Berlin City Chevrolet GMC
The package spans five rooftops but encompasses six dealerships/franchises across the Toyota, Honda, Nissan, Chrysler, Dodge, Jeep, Ram, Chevrolet, and GMC brands.
Advisor and Seller Relationship
Pinnacle advised on the transaction, describing a long-running relationship with seller Gillett. CEO Bill Scrivner emphasized trust and partnership in multi-store buy-sell work. Pinnacle’s self-reported track record includes more than 850 completed transactions, over $40 billion in client proceeds, and 85+ years of combined team experience.
Buyer’s Plans
Boguslavskiy plans to integrate the Gorham stores into his group and rebrand them after the ownership transfer. The announcement highlighted continuity for employees and customers during the transition, with no immediate operational changes detailed.
Market Context
The Gorham “Berlin City” cluster concentrates multiple mainstream brands on a single campus, offering scale and potential operational efficiencies under one owner—an increasingly common structure in dealership M&A.
What Was Not Disclosed
- Financial terms and any related real estate
- Timeline for manufacturer approvals, title transfers, or signage changes
- Facility upgrade commitments, staffing plans, or detailed operating model changes
Why It Matters
The acquisition expands Boguslavskiy’s New England footprint and keeps a diversified multi-brand cluster intact. For customers and employees, the most immediate change will be a new name once rebranding begins.
