Announced
Completed
Financials
Sources
Tags
Completed
Private
Friendly
Single Bidder
Majority
Recreational Services
Domestic
Real Estate
United States
entertainment complexes
Acquisition
Synopsis
Ed Morse Automotive Group, a mega dealer group, completed the acquisition of Destination Daytona, an entertainment complex located at 1635 North US Highway 1 in Ormond Beach, Florida. Financial terms were not disclosed. "After our purchase of three Harley-Davidson dealerships and a retail store in Texas recently, we had the opportunity to make this deal in Ormond Beach and it was too exciting to pass up. We loved the fact that this amazing entertainment campus is in our home state and that the Rossmeyer family wanted it to go to another family-owned business. We look forward to enhancing and expanding this incredible property," Teddy Morse, Ed Morse Automotive Group Chairman and CEO.
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