The Presidio Group Advised Asbury Automotive Group on the Sale of Three South Carolina Dealerships to RBM of Atlanta
Asbury Automotive Group Inc (ABG)
Last asbury automotive group inc earnings: 2/3 07:00 am
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Source: Business Wire
GREENVILLE, S.C.--(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, exclusively advised Asbury Automotive Group (“Asbury”) on the sale of three dealerships in Greenville, S.C., to RBM of Atlanta (“RBM”).The transaction, which included related real estate, closed Feb. 23 and involved Porsche of Greenville, Land Rover Greenville and Crown Nissan of Greenville. Asbury continues to own Toyota of Greenville and its collision center in the market.Asbury’s sale is another step in a broader portfolio management initiative.“As we advance our long-term growth strategy, we are continually assessing where each store best fits within our overall portfolio,” said David Hult, Asbury president and CEO. “While the decision to sell these stores was difficult, it reflects a thoughtful and disciplined approach to optimizing our footprint
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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
- 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
- The Presidio Group Advised Asbury Automotive Group on the Sale of Six Luxury Dealerships in St. Louis to MileOne AutogroupBusiness Wire
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