News and Insights
Recent Press Releases
THE PRESIDIO GROUP ADVISES FLOW AUTOMOTIVE COMPANIES ON PURCHASE OF EIGHT FRANCHISES IN CHARLOTTESVILLE, VA., MARKET
Flow Automotive expands footprint in region with acquisition of Umansky Automotive dealerships CHARLOTTESVILLE, Va. -- April 18, 2023 — The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising,...
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...
Insights
WHY DEALERSHIPS MUST OFFER A SEAMLESS END-TO-END VEHICLE PURCHASE EXPERIENCE
Before March, dealerships were taking baby steps towards a true end-to-end online retail experience. COVID-19 upended that strategy. Suddenly the only way dealers could sell to consumers was online. The step-by-step move to digital was replaced by a headlong rush....
DIGITAL WHOLESALE AUCTIONS ARE HERE TO STAY AND WILL ONLY GROW
There has been a fundamental shift in consumer behavior as a result of COVID-19. It is changing both the retail and wholesale sides of the automotive business. Take used vehicle auctions. While physical auctions will be here for a while longer, an ever-larger...
PUTTING EMPLOYEES FIRST DURING CRISIS WAS ALSO GOOD BUSINESS FOR DEALERSHIPS
Dealerships are linchpins of their communities and as COVID-19 caused widespread hardship, dealers stepped up to help in myriad ways. From taking lunches to local hospitals to sourcing personal protection equipment for first responders, they were there when they were...
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