Presidio Group Facilitates Strategic Sale of Hendrick Honda Woodbridge to Ourisman Automotive, Strengthening Regional Presence and Industry Collaboration
The Presidio Group LLC (“Presidio”), a leading independent merchant banking firm specializing in mergers and acquisitions, capital raising, and investments across the automotive retail and consumer mobility sectors, has successfully facilitated Ourisman Automotive Group’s acquisition of Hendrick Honda Woodbridge in Woodbridge, Virginia. The transaction, which included the dealership’s real estate, officially closed on October 21, 2025, marking a significant milestone for both Ourisman and Hendrick Automotive Group.
Ourisman Expands Its Northern Virginia Footprint
For Ourisman Automotive Group, this acquisition represents a strategic move to strengthen its market presence in Northern Virginia — one of the most competitive and rapidly growing automotive retail markets in the Mid-Atlantic region. The group already operates Toyota and Chrysler-Dodge-Jeep-Ram dealerships adjacent to the Honda store in Woodbridge, creating a powerful multi-brand hub that enhances customer choice, operational efficiency, and cross-brand synergies.
“This store was the perfect match for Ourisman, and we are thrilled to expand our presence in Northern Virginia with this strategic acquisition,” said Chris Ourisman, president of Ourisman Automotive Group and Graham Ourisman Automotive. “I’m also excited to welcome our new team members at Honda Woodbridge to the Ourisman family.”
Ourisman, one of the oldest and most respected names in the Washington, D.C. metro area’s automotive landscape, has built its reputation on customer service, integrity, and community engagement. With the addition of Hendrick Honda Woodbridge, the group now operates three dealerships in the Woodbridge market, reinforcing its long-term growth strategy and deepening its local roots.
Chris Ourisman also credited Presidio’s role in orchestrating the transaction:
This transaction is a great example of how Presidio’s deep relationships and understanding of the industry can create unique, off-market opportunities that benefit both parties. Presidio’s expertise in bringing the right parties together is why we consider them the best in the business.”
Hendrick Automotive’s Strategic Portfolio Optimization
For Hendrick Automotive Group, the divestiture aligns with its ongoing efforts to optimize its nationwide dealership portfolio. As the largest privately held automotive retailer in the United States, Hendrick operates 95 dealerships across the country, representing 31 automotive brands.
“This was a strategic decision for our organization,” said Jeffrey “JB” Brown, president of Hendrick Automotive Group. “While we continue to have a deep relationship with Honda and are grateful for the success we enjoyed in the community, this was our only store in the Woodbridge market. We saw an opportunity to reallocate resources to areas where we have a stronger presence.”
Brown emphasized the importance of finding the right buyer for the store:
It was equally important to us to identify not only a buyer, but one who shares our corporate values and puts their people first. Presidio’s expert facilitation of the transaction stood out, and we appreciate the firm’s ability to foster a collaborative process that aligned the interests of both parties.”
This divestiture allows Hendrick Automotive to concentrate its investments in key markets where it has deeper brand representation and stronger economies of scale, ensuring continued growth and operational excellence.
Presidio’s Role: Trusted Advisor and Industry Connector
The Presidio Group’s ability to navigate complex, high-value transactions has established it as one of the most trusted advisors in the U.S. automotive retail M&A landscape. The firm’s unique position — built on a combination of financial expertise, deep industry insight, and long-term client relationships — made it the ideal intermediary to facilitate this transaction.
“We are seeing more dealership groups take a proactive approach to portfolio management, evaluating their assets and making strategic decisions to strengthen their market positions,” said George Karolis, president of The Presidio Group. “This transaction is a clear example of that trend, and it was made possible by Presidio’s personal and trusted relationships with both Ourisman and Hendrick Automotive Group — two of the top 20 dealership groups in the country.”
Karolis added, “Our deep connections with both organizations allowed us to align their objectives and deliver a successful outcome. It was an honor to facilitate this deal.”
Presidio’s involvement extended beyond negotiation — the firm’s advisory role helped structure a transaction that achieved balance between buyer growth and seller strategy, ensuring a win-win outcome rooted in mutual respect and shared business principles.
Relationship-Driven Success
Presidio attributes much of its success to its philosophy of relationship-driven advisory work. Rather than focusing solely on transactional outcomes, the firm prioritizes long-term partnerships built on trust and shared vision.
“Presidio’s commitment to building and maintaining strong industry relationships is what sets us apart,” said Jason Stein, managing director of The Presidio Group. “Our longstanding connections with both Hendrick Automotive Group and Ourisman Automotive Group are built on mutual respect and trust. It’s these relationships that allow us to help create strategic opportunities and outcomes that drive long-term success for our clients.”
Presidio’s leadership team — composed of former automotive executives, investment professionals, and dealership operators — brings a rare combination of hands-on retail experience and financial acumen. This expertise enables the firm to identify off-market opportunities and guide clients through the full lifecycle of acquisition, divestiture, and integration.
Both parties were represented by leading legal counsel throughout the transaction:
- Ourisman Automotive Group received legal advice from Stephen Dietrich of Holland & Knight LLP, a firm known for its national expertise in automotive retail transactions.
- Hendrick Automotive Group was represented by Brian Nolen of Nolen PLLC, providing comprehensive legal oversight and transaction guidance.
Presidio’s wholly owned investment bank, Presidio Merchant Partners LLC, served as the exclusive M&A advisor to Ourisman Automotive Group. The firm’s comprehensive advisory services included valuation, negotiation strategy, financial structuring, and transaction execution.
Broader Implications for the U.S. Automotive Retail Market
This transaction underscores a broader industry trend: large dealership groups are increasingly refining their portfolios to align with shifting market dynamics, evolving customer preferences, and regional growth opportunities. As consolidation within the automotive retail sector continues, transactions like the sale of Hendrick Honda Woodbridge highlight the growing importance of trusted advisory firms like Presidio in connecting strategically aligned partners.
With electric vehicle adoption accelerating, digital retailing expanding, and OEM relationships evolving, dealership groups are becoming more selective about where and how they invest. Firms with multi-brand, multi-location strategies — like Ourisman — are better positioned to offer diversified customer experiences and capture cross-brand efficiencies.
Meanwhile, divestitures such as Hendrick’s allow major players to focus on core geographic clusters and brand partnerships, optimizing capital allocation and dealership performance.
A Transaction That Reflects Industry Transformation
Ultimately, the sale of Hendrick Honda Woodbridge to Ourisman Automotive Group is more than a local business deal — it reflects the transformation of the automotive retail industry itself. As dealership networks evolve from standalone entities into strategically interconnected ecosystems, the role of advisory firms like Presidio becomes increasingly vital.
By bringing together two respected, family-led organizations with shared values and complementary goals, Presidio once again demonstrated its ability to drive meaningful outcomes that extend beyond financial transactions — creating long-term value for businesses, employees, and customers alike.
About The Presidio Group LLC
The Presidio Group is an independent merchant banking firm providing advisory and investment services to clients in the automotive retail and consumer mobility sectors. The firm’s services include mergers and acquisitions, capital raising, and strategic investment advisory. Presidio operates through its investment banking subsidiary, Presidio Merchant Partners LLC, which is a member of FINRA and SIPC.
About Ourisman Automotive Group
Founded in 1921, Ourisman Automotive Group is one of the oldest and most respected dealership groups in the Washington, D.C. area. The family-owned company operates numerous dealerships representing leading automotive brands across Maryland and Virginia, with a strong focus on customer service, employee development, and community engagement.
About Hendrick Automotive Group
Headquartered in Charlotte, North Carolina, Hendrick Automotive Group is the largest privately held automotive retail organization in the United States. The company employs over 10,000 people and operates 95 dealerships representing 31 automotive brands across the nation. Its mission is to provide outstanding customer experiences while supporting local communities and maintaining a people-first culture.
