KBS - Automotive Repair - Market Insight

M&A ACTIVITY IN THE AUTOMOTIVE REPAIR SECTOR

COPPERWAITE FLEET MANAGEMENT ACQUIRED BY MITSILAND

KBS DEAL

Copperwaite, a vehicle repair and testing specialist based in Keighley, was sold to automotive service and repair company Mitsiland in a deal advised on by KBS Corporate.

ARC, a network of repair centres in the South West of England, was acquired by Steer Automotive Group – backed by private equity investor Oakley Capital - to strengthen its regional presence. ARC GROUP ACQUIRED BY STEER

Wales and the West Midlands were other regions targeted by Steer as it acquired six Innovative Repair Group sites. Established in 1999, IRG is a leading independent network of automotive repair centres. IRG ACQUIRED BY STEER

With backing from Elysian Capital, Activate, which provides accident management services to insurance groups and corporate fleet operators, acquired Avant, a well established collision repair specialist. AVANT GROUP ACQUIRED BY ACTIVATE GROUP

Leeds-based Alton Cars, a 16-site collision repair group founded in 1979, was acquired by leading private investment firm Sun European, creating strong potential for growth and increased market share. ALTON CARS ACQUIRED BY SUN EUROPEAN PARTNERS

SERVICE AND REPAIR SPECIALIST SOLD TO DACK MOTOR GROUP

KBS DEAL

A large Northamptonshire-based, Ford-approved operation was sold to Dack Motor Group, which has branches across the Midlands and East of England.

CAR CARE SERVICE CENTRES SOLD TO INVESTMENT FIRM

KBS DEAL

Devon-based Car Service Centres, established in 1985 and with a large client base throughout the South West of England, was acquired by an investment firm with ambitious growth and expansion plans.