The automotive sector continues to see a huge level of consolidation. However, with growing concern in the industry about a falling number of finance providers, you will need the support of a specialist corporate finance expert if your business plans include buying a dealership or selling a dealership, or raising equity or debt finance to facilitate growth.
Our automotive team includes corporate finance specialists who are dedicated to the motor sector and who can bring parties together and help facilitate deals.
Our motor retail corporate finance support services include:
Support buying or selling a motor dealership
The UK automotive sector has seen strong results throughout 2015 with deal volumes growing and deal values increasing significantly. With the high levels of transactional activity looking set to continue for the foreseeable future, we expect to see an increasing number of motor dealers make the decision that now is the right time to come to market.
Whether you are looking to sell a dealership or to buy a dealership, we can advise you on the entire transaction, from initial approaches to negotiations and completion. Our corporate finance automotive team have brokered over 100 automotive transactions and in excess of 70 motor retail disposals in the past five years and have been the forefront of a significant proportion of the UK motor retail deals completed in 2015. This allows us specialist understanding of motor retail transactions and the operational processes that can affect these transactions, meaning that we will provide you with a unique and highly relevant service which ensures you achieve the best possible outcome.
If you are looking to buy or sell a dealership, you will need a good valuation that relies on a blend of data analysis, industry expertise and commercial judgement. We understand not just the issues affecting the automotive sector, but the sector itself. This means we will always apply the relevant valuation methodologies and take account of the latest market trends and actual transaction prices that are taking place in the ‘real world’.
With a strong network of relationships with the various funders that support the motor sector, together with a vast amount of up-to-date knowledge on latest funding techniques, we can ensure your business is optimised from a funding perspective enabling you to achieve your expansion aims.
New market entry assignments
We can advise you on all aspects of running a business in the automotive industry and will draw upon our experience and extensive contact base to open the right doors for you. Our knowledge means we are aware of the key risks impacting on the sector and we can work with you to devise a practical plan that will maximise your chances of a successful market entry.
Click on the links below to read about some of the recent deals we have advised on:
|Company sale: Grassicks Garage Limited – our automotive team have advised the shareholders of Grassicks Garage Limited on their sale to Eastern Holdings Limited, for an undisclosed sum.|
|Company sale: Beadles Group Ltd – our automotive team have advised the shareholders of Beadles Group Ltd on their sale to the international automotive retailer Group 1 Automotive, for an undisclosed sum.|
|Company sale: Essex Auto Group – our national automotive team advised the shareholders of Essex Auto Group, who sold their business for an undisclosed sum to South African-based Super Group Limited.|
|Company sale: Cambrian Garages – our national automotive team advised the shareholders of Cambrian Garages, who represent Land Rover and Hyundai in Aberystwyth, on the sale of their business to Rubery Owen.|
|Warwick Holdings Limited sale to Lookers plc – our team advised the shareholders of Warwick Holdings Limited, which trades as Drayton Group, on the sale of their business to Lookers plc, one of the leading UK motor retail and aftersales service groups.|
|Triple success for UHY’s automotive team – in one week the team advised Heritage Automotive in their sale to Richard Neulaender & John Walsh, Perrys in the sale of their Jaguar and Land Rover businesses to the Rybrook Group and Vertu in their acquisition of Greenoaks.|
|Sale of Spire Automotive to Group1 – UHY’s automotive team advise Spire Automotive and its 12 sales and service dealerships, in their sale to Group 1|
|Acquisition of Claybank by Lookers – advised on the purchase of Manchester based Skoda retailer Claybank for an undisclosed sum by Lookers|
|Vertu Motors plc acquire SHG Holdings – Vertu Motors has extended its premium franchise portfolio with Audi following its acquisition of SHG Holdings for £12.8m.|
|Stoneacre acquire Autoworld – Stoneacre, one of the top 30 dealer groups in the country, has acquired Huntson Holdings Plc, trading as Autoworld.|
|GK Group Limited sale to Perrys Group – Perrys are pleased to announce the purchase of GK Group Ltd for an undisclosed sum, in a deal brokered by UHY automotive partner, David Kendrick who represented GK Group.|
The next step
If you are looking for support selling a dealership or buying a dealership, or would like to discuss the other motor trade corporate finance support services that we can provide to your business, please contact one of our automotive accounting specialists at your nearest location, or complete the contact form.