Company news, research breakthroughs, and major announcements across industries.

Home/Automotive

Automotive

The Presidio Group Exclusively Advised Hendrick Automotive Group on the Sale of a California Volkswagen Dealership to Spreen Automotive Group

Presidio_Logo_for_Business_Wire.jpg
Presidio_Logo_for_Business_Wire.jpg

The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Hendrick Automotive Group on the sale of Volkswagen of Murrieta in Murrieta, Calif., and its related real estate, to Spreen Automotive Group (“Spreen”). The transaction closed Oct. 19. For Hendrick Automotive Group, the strategic sale follows ot...

  • PublishedOctober 20, 2026 · 8:30 AM
  • LocationMURRIETA, Calif.
  • IndustryAutomotive
  • LanguageEN

Published by Business Wire. Read the original announcement for the full release.

Read the full announcement →

Latest from leading organizations

Explore recent announcements by organization