News and Insights
Recent Press Releases
THE PRESIDIO GROUP ADVISES ON THE SALE OF ANDERSON AUTOS DOMESTIC DEALERSHIPS IN THOUSAND OAKS
Swickard Auto Group completes second purchase, continues growth in Southern California market THOUSAND OAKS, CA — March 15, 2023 — The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and...
Spiffy Announces $30 Million Series C to Drive Growth and Fuel Digital Servicing
Complete car care company plans meaningful year-over-year growth with new strategic investors. RESEARCH TRIANGLE PARK, N.C., February 15, 2023 / Get Spiffy, Inc. (Spiffy®), an on-demand car care, technology, and services company, today announced the closing of...
THE PRESIDIO GROUP ADVISES ON SALE OF ANDERSON AUTOS LUXURY AND IMPORT DEALERSHIPS IN THOUSAND OAKS
Oregon-based dealer group increases foothold in Southern California market THOUSAND OAKS, CA — December 14, 2022 — The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and...
WHAT DOES IT TAKE TO SUCCESSFULLY COMPLETE THE AUTO INDUSTRY’S LARGEST STRATEGIC TRANSACTIONS?
The pace of consolidation in the retail automotive industry has dramatically increased since the middle of 2020, including more large dealership groups being sold than ever before. The Presidio Group leads investment banks in automotive-focused strategic...
THE NEED TO INVEST MORE IN DIGITAL CREATES DILEMMA FOR DEALERS
Dealers are facing a moment of reckoning. They need to invest in a fully digital experience while also offering an offline sales process, at least for now. While the record profit levels generated in 2020 continue, the conditions that allowed that won’t last forever....
SUCCESSION ISSUES ISN’T THE ONLY REASON DEALERSHIP OWNERS ARE SELLING
Succession has in recent years been a major driver behind the decision by auto dealership owners to sell. To be sure, that is still motivating many. But there are myriad other reasons owners sell, some unique to the ownership structure. We estimate family-owned...
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WHERE THE RUBBER MEETS THE ROAD
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