Morgan Automotive Group, already one of the largest dealership groups in the country, is primed to grow again via acquisitions in the first quarter of 2023, CEO Brett Morgan said.
"We've got some stuff under contract," Morgan told Automotive News on the sidelines of the NADA Show on Friday. "We'll see a handful of acquisitions I think here shortly out of us. We've got a couple other things that we're nibbling on as well. I think it would be realistic that we could have five or six acquisitions under our belt in Q1, which would be great."
Morgan said he couldn't provide details of the acquisitions, but said they represent five or six dealerships in total.