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Morrie’s Automotive to acquire Beardmore Auto Group

PRIVATEApr 14, 20263 months ago

Acquiring Company

Morrie’s Automotive Group

Acquired Company

Beardmore Auto Group

MinnesotaOmahaAutomotiveRetail

Description

Morrie’s Automotive Group has acquired Beardmore Auto Group, including Beardmore Subaru, Chevrolet, and Hyundai dealerships. This transaction marks Morrie’s entry into the Nebraska market and highlights their continued expansion in the Midwest. Kerrigan Advisors facilitated the sale, transitioning ownership after over a century of family operation.

Company Information

Company

Morrie’s Automotive Group

Location

Minnesota, United States

About

Founded in 1965, Morrie’s Automotive Group operates more than 30 dealerships across the Midwest. The group is one of the top auto retailers, selling over 46,000 vehicles and generating more than $1.8 billion in revenue. This acquisition marks their entry into the Nebraska market, further expanding their footprint.

Predictive Intelligence
Strategic

ML-powered predictions for Morrie’s Automotive Group's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.