Morrie's Auto Group Announces Strategic Acquisition of Mike Miller Auto Park

We are thrilled to announce the strategic acquisition of Mike Miller Auto Park, which includes Mike Miller Kia and Mike Miller Hyundai, located in Peoria, IL. This acquisition expands Morrie's presence into Illinois, extending its Midwest retail coverage across Minnesota, Wisconsin, Michigan, and now Illinois.?

Morrie's Auto Group acquired the dealerships from Mike Miller, who established Mike Miller Auto Park in 2007. The dealerships will continue to operate under the Mike Miller name and retain their current hometown staff. Morrie's Auto Group will provide support in operations, marketing, manufacturerand vendor relationships, and leverage the buying power of one of the largest auto groups in the Midwest.?

Mike Miller, a native of Illinois, grew up in the Chicago area and graduated from Northern Illinois University. He began his automotive career in 1987 as part of the O’Brien Automotive Team. After 20 years as a partner in multiple dealerships, he ventured out on his own, becoming the exclusive owner of Mike Miller Auto Park in Peoria in 2007. Throughout his career, Mike has focused on customer satisfaction, building a reputation for honesty, integrity, and a commitment to treating customers like family. He has surrounded himself with a team that shares these values.?

"We are excited to welcome these new dealerships into the Morrie's family," said Lance Iserman , CEO of Morrie's Auto Group. "This acquisition represents a significant milestone in our growth strategy and reinforces our dedication to delivering unparalleled value and service to our customers."?

With this acquisition, Morrie's Auto Group enters the Illinois market, adding two stores to its portfolio: Mike Miller Kia and Mike Miller Hyundai. "At Morrie's, we are thrilled to welcome these dealerships into our family. They share our core values of community service, humility, honesty, and integrity. We are confident that the local team will continue to provide the exceptional service that customers expect. This acquisition enhances our capabilities and scale at these new locations, while our commitment to being an 'automotive advocate' for our customers remains unwavering," said Iserman.?

Customers can expect a seamless and enjoyable car-buying experience, supported by Morrie's Auto Group's commitment to transparency, trust, and customer advocacy.?

In addition to expanding its dealership network, Morrie's Auto Group continues to invest in innovative technologies and customer-centric initiatives. The company is dedicated to enhancing the overall automotive experience through digital solutions, personalized services, and community engagement.?

This acquisition aligns with Morrie's strategy of acquiring well-established dealership groups across the Midwest. Including this deal, Morrie's has acquired 21 additional locations since 2016 through 10 transactions. Morrie's now proudly represents 21 brands across Minnesota, Wisconsin, Michigan, and Illinois, including Aston Martin, Audi, Bentley, Cadillac, Chevrolet, Chrysler, Dodge, Ford, Honda, Hyundai, Jaguar, Jeep, Kia, Land Rover, Lincoln, Maserati, Mazda, Mercedes-Benz, RAM, Subaru, and Volkswagen.?

About Morrie's Auto Group?

Morrie's Auto Group was founded in Minneapolis in 1960 and has grown to become one of the leading dealership groups in the Midwest, with 31 dealerships. In 2016, Morrie's transitioned from being a primarily family-owned business to a partnership between management and Fremont Private Holdings, the direct investment arm of Fremont Group. Fremont Group is the family investment office of the Bechtel family. For more information on Morrie's, please visit www.morriesauto.com.?