Press release content from Business Wire. The AP news staff was not involved in its creation.
The Presidio Group Advises on the Sale of Fink Automotive Group
March 2, 2021 GMT
TAMPA, Fla. (BUSINESS WIRE) Mar 2, 2021
The Presidio Group LLC (“Presidio”), a leading investment bank specializing in retail automotive and related M&A transactions, exclusively advised Scott Fink, President of Fink Automotive Group, on the sale of seven new vehicle dealership franchises in the greater Tampa market to Lithia Motors, Inc. (“Lithia”) [NYSE: LAD].
“The buy sell market is especially strong right now and we knew that joining efforts with a larger group was the best way to ensure that our dealerships will continue to be market leaders in today’s fast-changing auto retail environment,” said Scott Fink, President of Fink Automotive Group. “Lithia has the resources to elevate our dealerships to the next level of sophistication.”
do you know what it is? hi, tucker, what is going on outside? our weather is not ideal. we have sunshine across the area. it is sticky and tropical and that is the same around here today and the entire week. our five-day forecast is easy. just copy and paste. let s get right to it and temperatures are mild, 63 at reagan national. it s fairly pleasant outside right now. 16 in hagerstown. down at the beach, ocean city, 67 degrees. and 66 in fredericksberg. looking at our morning radar. a few light showers moving through during the early morning hours. and you can see off to the south and west toward fredericksberg and charlottesville, starting to get some organization showers and they re moving back in. so much more showers in the forecast later today. there is your forecast for this afternoon. 74 with showers and thunderstorms returning. tucker, thank you. four, three, two, one, zero and liftoff for the final launch of endevour, expanding our knowledge, expanding our