Moscow, February 19, 2025  CrestPrecise, one of the leading M&A advisers in Russia and the CIS, completes the sale of a controlling stake in Panavto Group, one of Russia’s oldest premium segment focused automotive retailers, representing Mercedes Benz, AURUS, VOYAH, Hongqi, Seres AITO and Avatr OEM-partners, to a consortium of investors led by Augment Investments fund, acting in the capacity of financial advisor to the selling shareholders.

Vladimir Bardin, CrestPrecise’s Managing Director, commented: “This is a truly landmark transaction for the Russian auto retailing industry. It yet again proves our thesis that even facing unprecedented industry turbulence driven by significant tax regime changes and long-unseen by scale monetary policy tightening by the Central Bank, high quality assets attract strong demand from high quality investors. This transaction also proves CrestPrecise’s unparalleled expertise and unique positions in the Russian automotive retailing sector.”

This landmark transaction yet again highlights CrestPrecise’s superior ability to successfully execute transactions amidst turbulent markets and vibrant industry environment and CrestPrecise’s institutional commitment to clients’ success.