BALTIMORE, MARYLAND (March 9, 2017) – Camden Partners today announced a growth buyout of Pinnacle Automotive Hospitality, Inc., a leading national provider of managed outsourced labor to the automotive dealer market.
Pinnacle is the industry leader in providing specialized service drive solutions to dramatically improve labor efficiency and enhanced operational processes by maximizing its focus on developing the very best people, utilization of cutting edge technology and its dedication supporting the most robust dealer technology in the industry.
Camden Partners’ Senior Partner and CEO David Warnock will serve on the Company’s Board of Directors alongside President and CEO Rick Sorrells, the former COO of Towne Park, a prior Camden Partners portfolio company. The investment includes participation from former executives at Towne Park as well as Camden Partners Limited Partner co-investors.
“All of us are excited about bringing the same operating discipline and maniacal culture of service we had at Towne Park to Pinnacle,” said David Warnock.
About Pinnacle Automotive Hospitality Services
Pinnacle Automotive Hospitality Services provides legendary porter services, auto wash/detail services, courtesy shuttle drivers, delivery coordinators, receptionists, greeters and cashiers to automotive dealerships nationwide. Pinnacle AHS was established with an unprecedented focus on talent selection, guest service training, and quality assurance. This is their niche and the only industry they serve. For more information, visit www.pinnacleahs.com.
About Camden Partners
Camden Partners, founded in 1995, is a multi-strategy private equity firm based in Baltimore, MD. This investment was made through its growth-equity strategy, which focuses on late-stage companies in the technology, business services, education, and healthcare sectors. For more information, visit www.camdenpartners.com.