CAPE CORAL, Fla. - eTradeWire -- The Morgan Automotive Group, one of the largest privately held automotive groups in the nation, is growing with their acquisition of the Wilde Automotive Group's Sarasota dealerships.

The three dealerships will be renamed to be the all-new Lexus of Sarasota, Honda of Sarasota, and Jaguar Land Rover Sarasota.

The Tampa-based Morgan Automotive Group now has 59 stores throughout Jacksonville, Lake City, Gainesville, Ocala, Orlando, Clermont, Tampa, Sarasota, Ft. Myers, Naples, Ft. Pierce, West Palm Beach and Ft. Lauderdale.

"We have been doing business in the Sarasota market now for over a decade with our BMW and Lamborghini stores," said Brett Morgan, CEO of the Morgan Automotive Group. "We are thrilled to add Lexus, Jaguar, Land Rover and Honda to that market offering. The Wilde family has a great reputation, and we look forward to carrying their legacy forward."

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For more details, visit MorganAutoGroup.com.

About Morgan Automotive Group

Morgan Automotive Group is one of the largest automotive dealer groups in the nation, ranked #8 by Automotive News. The Tampa-based business has 59 dealerships across Florida representing 31 manufacturers including most domestics and imports, as well as luxury brands including Morgan Import Motorcars. Each dealership offers new, certified pre-owned and quality used vehicle sales, as well as vehicle parts, maintenance and repair services. The company's famous slogan, "When You Make It Morgan, We Make It Happen" is the cornerstone philosophy for all of Morgan's customer service and operations.