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  5. Alpha Auto Group Acquires Lookers

M&A Deal Summary

Alpha Auto Group Acquires Lookers

On October 6, 2023, Alpha Auto Group acquired automotive company Lookers for 504M GBP

Acquisition Highlights
  • This is Alpha Auto Group’s 1st transaction in the Automotive sector.
  • This is Alpha Auto Group’s 0th largest (disclosed) transaction.
  • This is Alpha Auto Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2023-10-06
Target Lookers
Sector Automotive
Buyer(s) Alpha Auto Group
Deal Type Add-on Acquisition
Deal Value 504M GBP

Target

Lookers

Altrincham, United Kingdom
Lookers is a car dealership chain in the United Kingdom with over 90 dealerships turning over in excess of £1bn annually. Lookers was founded in 1908 and is based in Altrincham, United Kingdom.

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Buyer(S) 1

Buyer

Alpha Auto Group

Barrie, Ontario, Canada
Category Company
Founded 2014
Sector Automotive
DESCRIPTION

Alpha Auto Group is a Canada automotive retail group. Alpha Auto Group was founded in 2014 and is based in Barrie, Ontario.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1
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