The Ed Morse Automotive Group announced that it has acquired Putnam Chevrolet in California, Missouri. The new name of the dealership will be Ed Morse Chevrolet. This will be the sixth dealership for Ed Morse in Missouri, joining locations in Rolla, Lebanon, and Saint Robert.
Ed Morse Automotive Group purchased the dealership from Bill Campbell, who has overseen the legendary dealership in Moniteau County for years. Putman Chevrolet has been in business for 100 years, making it one of the oldest dealerships operating in the state of Missouri.
“When our family-owned automotive group looks to expand, we focus on acquiring dealerships that are established, trusted, and family-owned. Mr. Campbell and his team exemplify these qualities. We are also excited to expand further into the incredible state of Missouri, where we’ve experienced tremendous success. The city of California has impressed us immediately and we look forward to being part of the community,” said Teddy Morse, Chairman and CEO of Ed Morse Automotive Group.
“We pride ourselves on not only delivering on our promises to support the community but thrilled to work with the employees there to continue to make this dealership a world-class destination,” added Morse.
The Ed Morse Automotive Group is headquartered in Delray Beach, Florida, and has been family-owned for over 75 years. This acquisition will add 25 employees to its over 2,000-plus employee base, growing their locations to 37 dealerships, 77 franchises and 25 automotive and motorcycle brands.
Ed Morse Automotive Group Acquires Two Dealerships in Henry County in Illinois
The Ed Morse Automotive Group announced that it has acquired two dealerships in Henry County, Illinois, one in Kewanee and the other in Geneseo. Ed Morse Automotive Group purchased the dealerships from George Koustas with Crowe Auto Group and the transaction was brokered by Scott Mackie with National Business Brokers.
The new dealerships will be:
- Ed Morse Chrysler Dodge Jeep RAM formerly Crowe Chrysler Dodge Jeep RAM located at 303 Tenney St., Kewanee, IL 61443.
- Ed Morse Ford formerly Crowe Ford located at 1041 S. State St., Geneseo, IL 61254.
These new locations add to the company’s growth in Illinois by joining its multiple dealerships in Red Bud and New Athens, while also close in proximity to Ed Morse Automotive Group’s Muscatineand DeWitt dealerships in Iowa.
“When presented with the opportunity to expand further into Illinois… we jumped at it. These two dealerships fit perfectly into our family-owned model as they have dedicated employees, a loyal customer base, and prepared for growth. We look forward to continuing these dealerships’ history of great deals and outstanding customer service, while supporting the local community,” said Teddy Morse, Chairman and CEO of Ed Morse Automotive Group.
The Ed Morse Automotive Group is headquartered in Delray Beach, Florida, and has been family-owned for over 75 years. These acquisitions will add 33 employees to its over 2,000-plus employee base, growing their locations to 40 dealerships, 82 franchises and 25 automotive and motorcycle brands.