The Presidio Group Advises on the Sale of Jaguar Land Rover Los Angeles.
MANews-(C)2009-2022
US-based merchant banking firm The Presidio Group LLC advised Scott Biehl on the sale of the Jaguar Land Rover Los Angeles dealership franchises to automotive retailer US Auto Trust, the bank said.
US Auto Trust also owns Jaguar Land Rover San Jose and Jaguar Land Rover Newport Beach, and recently acquired Cadillac Pasadena and Land Rover Pasadena.
Jaguar Land Rover LA is the number one volume Jaguar Land Rover store in the Los Angeles market.
California is both the largest retail auto market in the US and a leader in luxury sales.
Richard Rasmussen, a partner with Lagerlof, LLP, served as legal counsel to the seller. Timothy Robinett, a...
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