All the dealerships Ed Morse Automotive has purchased in those states have been domestic brands — and that’s by design, Morse said.
“In those areas in the Heartland, so to speak, domestics is where you want to be,” Morse said. “And especially in those areas which are dominated by farming and agriculture, they want trucks. When you’re talking about trucks, Ford, Chevy, GMC and Ram cover the vast majority of the market.”
Scott Mackie, senior vice president of the Midwest region for buy-sell firm National Business Brokers in Irvine, Calif., handled the Crowe dealerships transaction.
Mark Shackelford and Paul Kechnie, partners representing Midwest and Texas regions for buy-sell firm Performance Brokerage Services, also of Irvine, Calif., facilitated the May 22 transaction.
Ed Morse Automotive ranks No. 52 on Automotive News‘ most recent list of the top 150 dealership groups based in the U.S., retailing 14,832 new vehicles in 2022.
