News and Insights
Recent Press Releases
THE PRESIDIO GROUP ADVISES ON THE SALE OF TWO QVALE AUDI DEALERSHIPS IN SOUTH FLORIDA TO LITHIA MOTORS
CORAL SPRINGS, FL-- November 16 -- 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 Qvale Auto...
THE PRESIDIO GROUP ADVISES NORRIS FAMILY ON THE SALE OF TWO BUICK GMC DEALERSHIPS IN FLORIDA
TAMPA, FL—October 19, 2021-- 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 the Norris Family...
THE PRESIDIO GROUP ADVISES ON THE ACQUISITION OF CLASSIC BMW IN TEXAS
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 Carl Sewell and his family on the historic acquisition of Classic BMW. The transaction included a BMW dealership franchise and a MINI dealership franchise at the same location in Plano, Texas.
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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