MileOne Autogroup acquired six Plaza Motors luxury dealerships and a collision center in St. Louis from Asbury Automotive Group in a transaction that closed Feb. 23, 2026. The sale included Plaza Mercedes-Benz, Mercedes-Benz of Chesterfield, Plaza BMW, Land Rover St. Louis, Audi Creve Coeur, Plaza Infiniti and Plaza Collision Center, with MileOne retaining the Plaza name. The Presidio Group advised Asbury on the transaction.
Deal Details:
Seller: Asbury Automotive Group
Buyer: MileOne Autogroup
Transaction Date: February 23, 2026
Rebranded Dealerships:
- Plaza Mercedes-Benz → Plaza Mercedes-Benz (name retained)
- Mercedes‑Benz of Chesterfield → Mercedes‑Benz of Chesterfield (name retained)
- Plaza BMW → Plaza BMW (name retained)
- Land Rover St. Louis → Land Rover St. Louis (name retained)
- Audi Creve Coeur → Audi Creve Coeur (name retained)
- Plaza Infiniti → Plaza Infiniti (name retained)
- Plaza Collision Center → Plaza Collision Center (name retained)
Advisor/Facilitator: The Presidio Group (Sell-side advisor).
Legal Counsel:
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Seller: Jones Day; Hill Ward & Henderson, P.A. (real estate)
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Buyer: Underwood & Roberts, PLLC
