Anderson Automotive Group sold two of its South Carolina dealerships to Escude Automotive Group. The transaction, finalized Aug. 12, involved Chevrolet Easley in Easley and Fred Anderson Nissan of Greer, which were part of a seven-dealership acquisition from MCE Automotive Group in 2023.
The dealerships have been renamed Escude Chevrolet of Easley and Escude Nissan of Greer, respectively.
“After completing the MCE transaction last year, we decided to divest these two stores and direct our resources to other needs and opportunities,” said Fred Anderson, chairman of Anderson Automotive Group.
The move allows Anderson Automotive Group, established in 1955, to refocus its efforts on optimizing its remaining 16 dealerships across North Carolina and South Carolina, representing 12 different brands.
The buyer, Escude Automotive Group, is led by Mark Escude II, who had previously been part of the leadership team at MCE Automotive.
“The Escude family has always taken great pride in offering our customers a world-class experience. Our family is fortunate to call the upstate region home, and we’re eager to get back to work serving our local community,” said Escude.
The sale was facilitated by The Presidio Group, a firm specializing in mergers and acquisitions within the automotive retail sector. “It was a smooth and expertly managed process, and we appreciate the knowledge and connections that Presidio brought to the transaction,” said Michael Anderson, CEO of Anderson Automotive Group.
