The Presidio Group advises Group 1 Automotive on acquisition of Mercedes-Benz of Buckhead скачать в хорошем качестве

The Presidio Group advises Group 1 Automotive on acquisition of Mercedes-Benz of Buckhead

Group 1 Automotive has acquired Mercedes-Benz of Buckhead in Atlanta, Georgia, with the assistance of The Presido Group. In today’s episode of Inside Automotive, George Karolis, president of The Presidio Group, and Jamie Albertine, vice president of corporate development at Group 1 Automotive, discuss the details behind the transaction and what it signals for the broader buy-sell market. Mercedes-Benz of Buckhead is one of the highest-volume, highly sought-after Mercedes dealerships in the Southeast and was owned by the highly respected Baranco family. Group 1 Automotive now owns a total of 33 Mercedes-Benz dealerships globally. Group 1’s M&A strategy, Albertine says, is to identify large dealeships that generate over $100 million in annual revenue, located in rapidly growing markets and anchored by strong, legacy brands built for long-term success. Mercedes-Benz of Buckhead checked all of those boxes. With Presidio’s assistance, the deal was finalized Monday, Aug. 4, and included all dealership real estate. The Presidio Group: https://thepresidiogroup.com/ CBT News is Dealers' #1 Resource for Auto Industry News, Content, Coaching & Analysis. CBT News is a multimedia broadcast platform serving automotive professionals. With interviews featuring the biggest names in the industry, daily newscasts following top stories, up-to-date market data, 13 shows with industry experts, and exclusive articles covering the latest industry trends, CBT is the leading voice of the retail automotive industry. Subscribe to CBT News on YouTube:    / @carbiztoday   Visit CBT News Website: https://www.cbtnews.com/ Follow Us On Social Media! INSTAGRAM |   / carbiztoday   FACEBOOK |   / carbiztoday   LINKEDIN |   / cbt-news   TIKTOK |   / carbiztoday   X | https://x.com/CarBizToday