Group 1 Automotive purchased the Mercedes-Benz of Buckhead dealership in Atlanta from Gregory and Juanita Baranco, with all real estate included. The Baranco family will continue to operate Mercedes-Benz of Covington, LA, and is launching a new Audi dealership in Cumming, GA. The Presidio Group exclusively advised Group 1 on the transaction.
Deal Details:
Seller: Gregory and Juanita Baranco
Buyer: Group 1 Automotive, Inc.
Transaction Date: August 4, 2025
Rebranded Dealerships:
- Mercedes-Benz of Buckhead → Retained as Mercedes-Benz of Buckhead
Advisor/Facilitator: The Presidio Group LLC (exclusive M&A advisor)
Legal Counsel:
- Group 1 Automotive: Gillian A. Hobson (Chief Legal Officer), Scott A. Wasserman & Hunter Carpenter (Akerman LLP)
- Baranco Family: Stephen Dietrich & Sarah Seedig (Holland & Knight LLP)
