{"id":8096,"date":"2026-05-19T19:08:00","date_gmt":"2026-05-19T17:08:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=6b96645ed8942cce39bdbf09ece8e7c9"},"modified":"2026-05-19T19:08:00","modified_gmt":"2026-05-19T17:08:00","slug":"the-presidio-group-exclusively-advised-jackson-automotive-group-on-the-sale-of-jackson-kia-in-cocoa-fla-to-jenkins-auto-group","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=8096","title":{"rendered":"The Presidio Group Exclusively Advised Jackson Automotive Group on the Sale of Jackson Kia in Cocoa, Fla., to Jenkins Auto Group"},"content":{"rendered":"

COCOA, Fla.--(BUSINESS WIRE)--The Presidio Group LLC (\u201cPresidio\u201d), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Jackson Automotive Group (\u201cJackson\u201d) on the sale of Jackson Kia in Cocoa, Fla., and its related real estate, to Jenkins Auto Group (\u201cJenkins\u201d). The transaction closed May 18.<\/p><\/a><\/a>

\nThe sale represents a strategic divestiture by Jackson Automotive Group while it remains committed to Kia and open to future opportunities to represent the brand.<\/p>

\n\"Our commitment to Kia remains strong, and we look forward to partnering with the brand again when the right opportunity comes along,\u201d said Jim Jackson III of Jackson Automotive Group, based in Macon, Ga. \u201cThis transaction allows our terrific team in Cocoa to move forward with a buyer who will take care of the people, customers and community we\u2019ve been proud to serve. The expert advice we received from Presidio\u2019s team was instrumental; we thank them for their top-notch execution in shepherding this deal every step of the way.\u201d<\/p>

\nThe acquisition furthers Jenkins Auto Group\u2019s growth strategy in Florida, building on its recent acquisition of a nearby Honda dealership as it expands its reach along the eastern coastline of central Florida.<\/p>

\n\u201cAcquisitions offering this combination of brand, location and growth potential are rare,\u201d said Don Jenkins, principal of Jenkins Auto Group, based in Ocala, Fla. \u201cAdding Jackson Kia in Cocoa is a natural next step for our expanding group and deepens our commitment to customers on Florida\u2019s Space Coast. We appreciate the trust placed in us by Jackson Automotive Group and The Presidio Group.\u201d<\/p>

\nThe transaction reflects how leading dealership groups are actively managing their portfolios around high-quality assets in attractive markets.<\/p>

\n\u201cWe\u2019re grateful to Jackson Automotive Group for trusting Presidio to guide this process and help it achieve its objectives,\u201d said Alex Watterson, managing director at The Presidio Group. \u201cJackson Automotive is a growing company with next-generation leadership paving a new path in automotive retail.\u201d<\/p>

\nLike both buyer and seller in this transaction, dealership groups across the U.S. are increasingly using portfolio-management strategies to refine their footprints and drive performance gains.<\/p>

\n\u201cJackson Automotive Group is practicing tried-and-true portfolio management by realigning its footprint around its core Georgia markets while staying open to a brand it strongly believes in,\u201d said George Karolis, president of The Presidio Group. \u201cStrong assets in attractive markets are moving quickly, as we\u2019ve seen in all seven Presidio-advised transactions so far in 2026, and we expect the fast-paced and competitive deal environment for such assets to continue through the rest of the year.\u201d<\/p>

\nSeller legal counsel was provided by Jeff Roberts and Emily Dillow of Underwood & Roberts PLLC. Buyer legal counsel was provided by Mark Ornstein, vice president and general counsel of Jenkins Auto Group.<\/p>

\nThe Presidio Group provided exclusive M&A advisory services to Jackson Automotive Group through its wholly owned investment bank, Presidio Merchant Partners LLC.<\/p>

\nAbout Jackson Automotive Group<\/b><\/p>

\nFounded in 1955, Jackson Automotive Group is a premier, family-owned automotive retailer dedicated to providing a world-class ownership experience for drivers throughout the Southeast. Headquartered in Macon, Ga., the group operates four dealerships in central Georgia representing Mercedes-Benz, Subaru, Volkswagen and Volvo. Jackson Automotive Group offers a full suite of automotive services, from new- and used-vehicle sales to certified service and genuine automaker parts. For more information, visit www.jacksonautomotive.com<\/a>.<\/p>

\nAbout The Presidio Group LLC<\/b><\/p>

\nThe 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 315 transactions for over $20.5 billion. The Presidio Group, based in Denver and Atlanta, publishes research, industry insights and data reports about the automotive retail landscape through its Presidio Perspectives arm. 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<\/a>.<\/p> Contacts<\/b>

\nGeorge Karolis\n(678) 831-5520\ngkarolis@thepresidiogroup.com<\/a><\/p>

\nLauren Pfohl\n(404) 434-1837\nlpfohl@thepresidiogroup.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

COCOA, Fla.–(BUSINESS WIRE)–The Presidio Group LLC (\u201cPresidio\u201d), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Jac…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8096","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8096"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8096\/revisions"}],"predecessor-version":[{"id":8097,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8096\/revisions\/8097"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}