The presidio group advises asbury automotive on the sale of mcdavid acura of austin

Austin, texas--(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 (nyse: abg) on the sale of mcdavid acura of austin to the umansky automotive group. “the decision to exit a non-core market was handled with precision and expertise by the presidio group, which identified a strategic buyer.
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