The Presidio Group Advised Asbury Automotive Group on the Sale of Six Luxury Dealerships in St. Louis to MileOne Autogroup
Asbury Automotive Group Inc (ABG)
Last asbury automotive group inc earnings: 2/3 07:00 am
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Source: Business Wire
ST. LOUIS--(BUSINESS WIRE)--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, advised Asbury Automotive Group, Inc. (“Asbury”) on the sale of six Plaza Motors dealerships and a collision center in the St. Louis market to MileOne Autogroup (“MileOne”).The sale of the Plaza Motors businesses and their related real estate closed Feb. 23. The transaction involved Plaza Mercedes-Benz, Mercedes-Benz of Chesterfield, Plaza BMW, Land Rover St. Louis, Audi Creve Coeur, Plaza Infiniti and Plaza Collision Center. MileOne will retain the well-known Plaza name in the market.For Asbury, the decision to sell the Plaza locations reflects a broader portfolio management initiative following a period of significant growth, including its 2025 acquisition of 33 dealerships from the Herb Chambers Companies.“When we made the strategic decision to exit the S
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News
- The Presidio Group Advised Asbury Automotive Group on the Sale of Three South Carolina Dealerships to RBM of Atlanta [Yahoo! Finance]Yahoo! Finance
- The Presidio Group Advised Asbury Automotive Group on the Sale of Three South Carolina Dealerships to RBM of AtlantaBusiness Wire
- Asbury Automotive Group Portfolio Optimization; Increase in Share Repurchase Authorization to Replenish Such Authorization to $500 Million of Availability [Yahoo! Finance]Yahoo! Finance
- Asbury Automotive Group Portfolio Optimization; Increase in Share Repurchase Authorization to Replenish Such Authorization to $500 Million of AvailabilityBusiness Wire
- The Presidio Group Advised Asbury Automotive Group on the Sale of Six Luxury Dealerships in St. Louis to MileOne Autogroup [Yahoo! Finance]Yahoo! Finance
ABG
Earnings
- 2/5/26 - Miss
ABG
Sec Filings
- 2/23/26 - Form 4
- 2/23/26 - Form 4
- 2/23/26 - Form 4
- ABG's page on the SEC website