Source: Gomez Howard Group

Larry H. Miller Dealerships Announces Acquisition of Three Stores in the Denver Area

Dealership Group Now Owns 11 Stores in Colorado

DENVER, CO--(Marketwired - Jun 7, 2016) -  Larry H. Miller Dealerships (LHM Dealerships) announced today the acquisition of three stores in Colorado with the purchase of Cherry Creek Dodge in Denver, Colorado Chrysler Jeep in Aurora and Fiat of Denver.

"We've been strategic in our approach to growth and in finding opportunities that are a win-win for the seller, employees and our company. Denver is a strong market for us and these brands are a great fit with our business model," said Dean Fitzpatrick, president, Larry H. Miller Dealerships. "With the acquisition of these dealerships, we are able to employ more Denver residents and deepen our connection and commitment to the community."

LHM Dealerships will retain current employees of the newly acquired stores, bringing the group's total amount of employees in Colorado to more than 1,000. The dealership group employs over 5,000 individuals in seven states.

The stores were purchased from Doug Moreland, whom LHM Dealerships acquired seven stores from in Arizona in 2013.

"I'm appreciative of the way the LHM Dealerships group conducts business and takes care of its employees," said Moreland. "Their focus on customer service, community and giving back assures me that these stores and our customers will be in good hands."

Larry H. Miller began his career as a parts salesman in Denver in 1970. In 1987, he opened his first store in the state, Larry H. Miller Toyota Scion Boulder. In 1988, LHM Dealerships opened Larry H. Miller Liberty Toyota Colorado Springs. Larry H. Miller Toyota Colorado Springs opened in 1992, and Larry H. Miller Volkswagen Lakewood opened in 2001. A Nissan store was added to the group in 2006, with the addition of Larry H. Miller Nissan Highlands Ranch. In 2014, Larry H. Miller Chrysler Dodge Jeep Ram 104th in Thornton and Larry H. Miller Ford Lakewood joined the group. In 2015, the Larry H. Miller Ram Truck Center opened.

LHM Dealerships strongly supports giving back in the communities where it conducts business. Through Larry H. Miller Charities, the dealerships give back to the community by focusing their charitable giving on issues that affect women and children, with an emphasis on health and education. Since 1996, more than $400,000 has been donated to qualified nonprofit organizations throughout Colorado.

Cherry Creek Dodge is located at 2727 S. Havana St. in Denver and will be renamed Larry H. Miller Dodge Ram Cherry Creek; Colorado Chrysler Jeep is located at 350 S. Havana St. in Aurora and will be renamed Larry H. Miller Colorado Chrysler Jeep; and Fiat of Denver is located at 505 S. Havana St. in Denver and will be renamed Larry H. Miller Fiat Denver.

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About Larry H. Miller Dealerships
Larry H. Miller Dealerships operates 58 dealership locations under 20 different automotive brands in seven western states. The group employs more than 1,000 individuals at 11 Colorado locations.

Since 1996, more than $400,000 has been donated to qualified nonprofits throughout Colorado. Funds are generated, in large part, through LHM companies and employee contributions, as well as donations from the general public.

For more information on Larry H. Miller Dealerships, please visit www.lhmauto.com.