The Presidio Group Advised Asbury Automotive Group on the Sale of Three South Carolina Dealerships to RBM of Atlanta

Core Insights - The Presidio Group LLC, an independent merchant banking firm, advised Asbury Automotive Group on the sale of three dealerships in Greenville, S.C. to RBM of Atlanta [1] - The transaction included related real estate and closed on February 23 [1] Company Summary - Asbury Automotive Group is involved in the automotive retail sector and has executed a strategic divestiture of three dealerships [1] - RBM of Atlanta is the acquiring entity in this transaction, indicating potential growth or expansion in the automotive retail market [1] Industry Context - The transaction reflects ongoing activity in the mergers and acquisitions space within the automotive retail and consumer mobility sectors [1] - The involvement of an independent merchant banking firm like Presidio highlights the specialized advisory services available in the automotive industry [1]