The Presidio Group Advises The Suburban Collection On Sale of 56 Auto Dealerships.
MANews-(C)2009-2021
US-based investment bank The Presidio Group LLC exclusively advised US-based auto dealership group The Suburban Collection on the sale of its 56 dealership franchises to Lithia Motors Inc. (NYSE: LAD), the bank said.
The Suburban Collection is the 12th largest privately-owned dealership group in the US based on revenue.
Based in southeastern Michigan and founded by the Fischer family in 1948, The Suburban Collection has grown from one dealership to 56 dealership franchises across 34 locations.
While the majority of its dealerships sell one of...
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