The Presidio Group Exclusively Advised AutoCanada on the Sale of Toyota of Lincolnwood to Serra Automotive

The Presidio Group Exclusively Advised AutoCanada on the Sale of Toyota of Lincolnwood to Serra Automotive

LINCOLNWOOD, Ill. -- 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 AutoCanada Inc. (“AutoCanada”) (TSX: ACQ) on the sale of Toyota of Lincolnwood in Lincolnwood, Ill., to Serra Automotive. The transaction closed June 22.

Serra Automotive acquires Toyota of Lincolnwood from AutoCanada

Serra Automotive has acquired Toyota of Lincolnwood in Lincolnwood, Illinois, from AutoCanada. The transaction was announced June 23, 2026, and supports Serra Automotive’s continued investment in the Toyota brand and its presence in the greater Chicago market. The Presidio Group served as the exclusive sell-side advisor to AutoCanada. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox. Dea…

AutoCanada sells Chicagoland store to Serra; AutoNation expands in SF Bay Area

AutoCanada took another major step towards divesting its U.S. properties, selling Toyota of Lincolnwood in the Chicago area for $40 million in cash (CAD) to Serra Automotive. The deal closed Monday. AutoCanada anticipates selling the rest of its remaining U.S. dealerships by the end of the year. Since classifying its U.S. segment as discontinued operations at the end of 2024, AutoCanada has completed seven American divestitures totaling just und…