Tasca Automotive Group has purchased two Buick GMC dealerships in Florida from the Norris family, according to an announcement from The Presidio Group, which advised the sellers.

Tasca owns another Buick GMC store in Melbourne, Fla., in addition to several stores throughout the Northeast and Midwest. The purchase of Buick GMC Palm Harbor and Buick GMC Clearwater expands the retailer’s presence in the Sunshine State.

“Florida is one of the most sought-after markets in the U.S. and we were excited to work with Dick and Doug Norris to find a buyer for these highly desirable dealerships,” The Presidio Group president George Karolis said in a news release.

 “With this transaction, Presidio has advised on transactions involving 81 dealership franchises in 2021 and we have an active schedule for the remainder of the year. The dealership M&A market is on fire,” Karolis said.

Doug Norris, the principal of the two stores, added: “The Presidio Group served as a trusted strategic advisor in helping my family diversify our portfolio of assets for the future. The entire process was seamless. Presidio identified the right acquirer for our stores, enabling us to focus on other business interests. They did so professionally and exceeded our expectations.”

Carl Tasca, Jr. is the vice president of his family’s dealer group. Commenting on the purchase, he said: “We were looking to grow our presence in the thriving Florida market and were thrilled when the experienced team at The Presidio Group approached us about this strategic acquisition.

“These dealerships are a perfect complement to our existing Buick and GMC franchises in Florida. We welcome the teams to the Tasca family and look forward to serving their loyal customers with integrity and honesty.”