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 Patriot Automotive Group on the sale of Patriot Subaru of North Attleboro to Imperial Cars.

The sale of the Massachusetts Subaru store and its related real estate closed Dec. 17. Presidio advised Patriot Automotive Group owner Adam Arens and Patriot Managing Director and General Manager Mark Perryman. Arens continues to operate Subaru and Acura stores in Maine.

For Arens, the decision to sell after years of successful ownership and community involvement in North Attleborough was part of a broader strategy to refine his dealership portfolio.

“When I decided it was time to transition to new owners, there was no question that Presidio would be my trusted advisor. I’ve worked with George Karolis and his team for many years, and their insight and dedication were invaluable as I considered the next chapter for this dealership,” Arens said. “Mark and I are proud of the tradition of excellence that we’ve built at this store, and we know that the dealership’s accomplished staff will continue to serve the community well.”

In today’s strong dealership buy-sell market, the Presidio team has seen robust interest from buyers in Subaru outlets as that brand’s sales throughput has soared, fueled by its competitive product lineup. This is the fifth Subaru dealership sale that Presidio has facilitated in 2025.

“The sale of Patriot Subaru of North Attleboro is a testament to the dealership’s reputation and the strong demand for quality stores in today’s market. We are honored to have represented Adam Arens and Mark Perryman in this transaction,” said Alex Watterson, managing director at The Presidio Group.

Presidio anticipates that strong deal flow will continue through the end of 2025 and into 2026. As the industry continues to navigate an evolving environment, Presidio’s ability to guide clients through complex, high-stakes transactions remains a key differentiator.

“This transaction highlights the ongoing opportunities in the automotive retail sector for both buyers and sellers,” said George Karolis, president of The Presidio Group. “With transaction volume looking strong as we head into 2026, we anticipate continued momentum for our clients to expand or realign their dealership portfolios.”

Eric Pridgen of Underwood and Roberts provided legal counsel to Patriot. Thomas S. Vangel of Harris Beach Murtha Cullina PLLC provided legal counsel to Imperial.

The Presidio Group provided exclusive M&A advisory services to Patriot Automotive Group through its wholly owned investment bank, Presidio Merchant Partners LLC.

About Patriot Automotive Group

Patriot Automotive Group operates Patriot Subaru of Saco, Maine, and Patriot Acura of Scarborough, Maine. The group's stores have consistently earned top honors from Subaru of America, including the Chairman’s Award. Patriot’s dealerships have been among Automotive News’ Best Dealerships To Work For several times since 2012. The Maine Subaru store was recognized by the Best Companies To Work For in Maine program for seven consecutive years. Patriot is dedicated to being a green, environmentally friendly business and has earned an Energy Star Small Business Award and Cox Automotive Sustainability Award for those efforts.

About The Presidio Group LLC

The Presidio Group was founded in 1998 with the simple mission to relentlessly put the interests of our 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 295 transactions for over $19.5 billion. The Presidio Group, based in Denver and Atlanta, publishes Presidio Perspectives: A Quarterly Outlook on Auto Retail and M&A Trends, a leading source of information 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.

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“With transaction volume looking strong as we head into 2026, we anticipate continued momentum for our clients to expand or realign their dealership portfolios.” — George Karolis, president of The Presidio Group