The Presidio Group Exclusively Advised Asbury Automotive Group on the Sale of Kia of Owings Mills to Stivers Automotive Group

October 21, 2026 · 8:34 AM · OWINGS MILLS, Md.

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 Asbury Automotive Group Inc. (“Asbury”) (NYSE: ABG) on the sale of Kia of Owings Mills in Owings Mills, Md., and its related real estate, to Stivers Automotive Group (“Stivers”). The transaction closed Oct. 19. The sale furthers Asbury’s portfo...

PublishedOctober 21, 2026 · 8:34 AM
LocationOWINGS MILLS, Md.
IndustryAutomotive
LanguageEN

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

Read the full announcement →

Top announcements

Selected from the latest releases

Technology

Verizon Frontline survey finds AI use among first responders nearly tripled

October 13, 2026

Daily AI use among public safety agencies has nearly tripled, and drones and robots are now routine tools, Verizon Frontline’s 2026 survey finds.

Technology

Caterpillar puts AI and digital tools to work for customers

September 25, 2026

Energy

Siemens to digitalize one of Europe’s largest renewable hydrogen projects

October 8, 2026

Latest from leading organizations

Explore recent announcements by organization

Browse the latest releases

Consumer|Chase

Chase introduces the IHG One Rewards Premier Select Credit Card

Chase and IHG Hotels & Resorts introduced a new Premier Select card with richer travel benefits, and updated earning, Free Night, and status rewards across the rest of the IHG card portfolio.

October 1, 2026

Consumer

City Express by Marriott debuts in India with a hotel in Udaipur

City Express by Marriott has opened its first hotel in India, on the Udaipur Nathdwara Highway, bringing the affordable midscale brand to South Asia.

October 12, 2026

Communications|WarnerMedia

WarnerMedia opens a wider Access Writers pathway into television

WarnerMedia is expanding its Access Writers program, a seven-month development pathway for underrepresented writers. Applications were set for March 8–21, 2021.

March 3, 2021

Technology|Apple

Apple opens Apple Music Hall, a live music venue in London

Apple has opened Apple Music Hall at Battersea Power Station, where artists can play intimate shows, record them in Spatial Audio, and capture a broadcast-ready mix and multicamera video.

September 22, 2026

View all press releases →