Former AutoNation Exec Buys Stores Featured
17 May 2017
The Presidio Group advised Serra Automotive, Inc. in the sale of the majority interest in four dealerships in Colorado Springs, Colo. Serra Automotive will remain a minority partner with Maroone Enterprises, Inc. The stores will be named Mike Maroone Chevrolet South, Mike Maroone Chevrolet North, Mike Maroone Volkswagen and Mike Maroone Honda.The transaction was completed on May 15. Terms were not disclosed.Maroone served as president and chief operating officer of AutoNation Inc. from 1997 to 2015.