The Ed Morse Automotive Group has expanded its reach with the acquisition of three dealerships in Fairfield, Texas.
The company bought the dealerships from Foundation Automotive Corp. and will rename them as follows:
- Freedom Ford by Ed Morse, formerly Freestone Ford at 1201 US Highway 84 W, Fairfield
- Freedom Chevrolet by Ed Morse, formerly Freestone Chevrolet at 320 I-45, Fairfield
- Freedom Chrysler Dodge Jeep RAM by Ed Morse, formerly Freestone Chrysler Dodge Jeep RAM at 350 I-45, Fairfield
The group made the investment after being “impressed both by the incredible staff in place and the loyal car buying residents in Fairfield and its surrounding area,” said Chairman and CEO Teddy Morse in a press release. “Our team is excited to be part of such a vibrant community and will continue these dealerships’ history of exceptional deals and outstanding customer service.”
With the acquisitions, the group has a total of 15 locations in Texas, Morse said. It already owned dealerships in Dallas, Greenville, Duncansville, Sherman, Whitesboro, Beaumont, San Antonio and Austin.
The acquisitions add over 50 employees to its more than 2,400 employee base and expand its locations to 47 - 76 automotive franchises, 19 motorcycle franchises and 31 brands, it said.
Originally posted on Auto Dealer Today