News and Insights
Recent Press Releases
SKILLPOINTE SECURES $2.25 MILLION IN SERIES B FUNDING EXCLUSIVELY ADVISED BY THE PRESIDIO GROUP
ATLANTA — May 16 – SkillPointe, LLC, a three-sided marketplace helping to solve the country’s prevalent skilled worker shortage, today announced the closing of a $2.25 million Series B-3 financing round. The Presidio Group LLC (“Presidio”), the leading investment bank...
THE PRESIDIO GROUP ADVISES ON THE SALE OF TERRY LEE HYUNDAI & GENESIS OF NOBLESVILLE TO PENSKE AUTOMOTIVE GROUP
NOBLESVILLE, IN—May 3, 2022 -- The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Terry Lee on the...
THE PRESIDIO GROUP ADVISES ON THE SALE OF FORD AND LINCOLN DEALERSHIPS IN MICHIGAN
GRAND LEDGE, MI-- December 7-- The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Barry Merrill,...
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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WHERE THE RUBBER MEETS THE ROAD
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