Hoyte Dodge | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

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Financial Advisor

Hoyte Dodge

Value Not Disclosed 03/02/2020 Dealerships Complete
Private Companies
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Transaction Details

  • On March 2, 2020, Hoyte Dodge (or the “Company”) was acquired by Ed Morse Automotive Group, an owner and operator of retail automotive dealerships based in Delray Beach, Florida
  • Hoyte Dodge is comprised of:
  • Hoyte Dodge, a Chrysler, Dodge, Jeep and Ram dealership in Sherman, TX
  • Hoyte Chrysler, a Chrysler, Dodge, Jeep, Ram and Fiat dealership in Durant, OK
  • Hoyte Ram Truck Center in Whitesboro, TX
  • Red River 4x4, off-road MOPAR accessories and service in Sherman, TX
  • Stephens Inc. served as exclusive financial advisor to Hoyte Dodge
  • Terms of the transaction were not disclosed

About the company

Hoyte Dodge

Hoyte Ridlehuber purchased his first dealership in 1984. Today, he employs over 100 professionals at four locations. The Company serves the rapidly growing North Texas market.

Ed Morse Automotive Group

Founded in 1946 and based in Delray Beach, FL, Ed Morse Automotive Group owns and operates 16 locations across Florida and Texas. The Company’s franchises include Alfa Romeo, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Fiat, GMC, Honda, Jeep, Mazda, Mitsubishi, Ram and Toyota.

Sources: Company Materials.
  1. This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from external sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.