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Morgan Auto buys Lake County car dealership

An Adams, New York-based auto dealership group has sold its last location in Florida.

Fuccillo Automotive Group sold Fuccillo Kia of Clermont at 17550 State Road 50 to Tampa-based Morgan Automotive Group. The deal closed on May 24 and included both property and the business, Erin Kerrigan, founder and managing director of Incline Village, Nevada-based Kerrigan Advisors, who advised Fuccillo, told Orlando Business Journal.

"This was the last Fuccillo dealership in Florida, after selling five others in the last three years," Kerrigan said. The other dealerships the company sold were in Jacksonville, Clearwater, Cape Coral and Port Charlotte.

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