Morgan Automotive Group Acquires Hodges Mazda (Jacksonville & St. Augustine)
June 25, 2025
Morgan Automotive Group has acquired Hodges Mazda of the Avenues in Jacksonville and Hodges Mazda of St. Augustine from David and Dan Hodges, with Haig Partners advising the sellers. The sale of the Jacksonville store set a record for the highest "blue sky" value paid for a Mazda dealership and further expands Morgan's footprint across Florida. The Hodges brothers are exiting automotive retail to focus on other business interests.
- Buyers
- Morgan Automotive Group
- Targets
- Hodges Mazda of the Avenues (Jacksonville), Hodges Mazda of St. Augustine
- Sellers
- David Hodges, Dan Hodges
- Industry
- Automotive
- Location
- Florida, United States
- Transaction Type
- Buyout
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