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The Presidio Group Advises on the Sale of Terry Lee Hyundai and Genesis of Noblesville to Penske Automotive Group.

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MANews-(C)2009-2022

US-based merchant banking firm The Presidio Group LLC exclusively advised Terry Lee on the sale of Terry Lee Hyundai and Genesis of Noblesville to US-based transportation services company Penske Automotive Group (NYSE: PAG), the firm said.

In 2014, Terry Lee started Terry Lee Crossing, a 72-acre commercial real estate development on Highway 37, just ten minutes north of Indianapolis in Noblesville.

In 2015, he built new dealerships for the Genesis and Hyundai franchises with room for five more manufacturers or other commercial properties, creating the commercial area known as Terry Lee Crossing.

The dealerships have won numerous accolades including CarGuru's Top Dealer Rating 2020, a 2020 Automotive News Best Dealership to Work For award, and the IndyStar Top Workplaces 2020 award.

Geoffrey M. Grodner and Dustin L. Plummer of Mallor Grodner LLP served as legal counsel to Terry Lee. Penske Automotive Group was advised by its in-house counsel.

The Presidio Group provided exclusive M and A advisory services to Terry Lee through its wholly owned investment bank, Presidio Merchant Partners LLC.

Terry Lee's history in the automobile business began at the age of 21. His first employment opportunity came with a large dealer group in Indianapolis, where he started as finance manager and worked his way into various management positions.

In 1995, he...

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