The Presidio Group Exclusively Advised AutoCanada on the Sale of Toyota of Lincolnwood to Serra Automotive
The Presidio Group Exclusively Advised AutoCanada on the Sale of Toyota of Lincolnwood to Serra Automotive
LINCOLNWOOD, Ill.--(BUSINESS WIRE)--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 AutoCanada Inc. (“AutoCanada”) (TSX: ACQ) on the sale of Toyota of Lincolnwood in Lincolnwood, Ill., to Serra Automotive. The transaction closed June 22.
“As one of the industry’s best-performing brands, Toyota stores continue to command significant attention in the buy-sell market, particularly when located in major metropolitan areas such as Chicago.” — George Karolis, president of The Presidio Group
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With the sale, AutoCanada has nearly completed its previously announced exit from the U.S.
For Serra Automotive, the acquisition bolsters its presence in the greater Chicago market and expands its investment in Toyota, which carries a strong consumer demand profile.
“This was an attractive opportunity for us in a market where we wanted to grow,” said Joe Serra, chairman of Serra Automotive. “Toyota is a proven brand with long-term strength, and we liked the positioning of this store in the Chicago suburbs. Presidio ran a professional and well-structured process that brought the transaction to a successful close, and we thank them for their role in bringing the parties together.”
Toyota dealerships continue to attract intense interest from buyers because of the brand’s broad appeal, sales volume and consumer loyalty.
“We’re grateful to AutoCanada for trusting Presidio to advise on this transaction and help it achieve its objectives,” said Alex Watterson, managing director at The Presidio Group. “This deal reflects the strength of the Toyota brand and demonstrates how a thoughtful and disciplined process can unlock maximum value for well-positioned assets.”
The deal marks the 15th Toyota dealership transaction in which Presidio has been involved in recent years.
“As one of the industry’s best-performing brands, Toyota stores continue to command significant attention in the buy-sell market, particularly when located in major metropolitan areas such as Chicago,” said George Karolis, president of The Presidio Group. “That demand was only enhanced by the timing of this deal given the robust overall transaction pace in the first half of 2026. The dealership buy-sell market is flush with strong buyer interest for high-quality import-brand stores.”
Seller legal counsel was provided by Ira M. Levin of Burke Warren MacKay & Serritella. Buyer legal counsel was provided by Edward C. Dawda of Dawda PLC.
The Presidio Group provided exclusive M&A advisory services to AutoCanada for the sale of Toyota of Lincolnwood through its wholly owned investment bank, Presidio Merchant Partners LLC.
About The Presidio Group LLC
The Presidio Group was founded in 1998 with the simple mission to relentlessly put the interests of its clients first. By steadfastly adhering to this philosophy, the firm has earned the trust of clients throughout the United States. During their careers, the professionals at Presidio have collectively closed more than 320 transactions for over $22.0 billion. The Presidio Group, based in Denver and Atlanta, publishes research, industry insights and data reports about the automotive retail landscape. Presidio Merchant Partners LLC is a subsidiary of The Presidio Group LLC and is a member of FINRA and SIPC. For more information on Presidio, visit www.thepresidiogroup.com.
Contacts
George Karolis
(678) 831-5520
gkarolis@thepresidiogroup.com
Lauren Pfohl
(404) 434-1837
lpfohl@thepresidiogroup.com
