Add-on Acquisition • Automotive

Constellation Automotive Group Acquires Paragon Automotive

On July 19, 2016, Constellation Automotive Group acquired automotive company Paragon Automotive for 105M GBP

Acquisition Context
  • This is Constellation Automotive Group’s 2nd transaction in the Automotive sector.
  • This is Constellation Automotive Group’s largest (disclosed) transaction.
  • This is Constellation Automotive Group’s 4th transaction in the United Kingdom.

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M&A Deal Summary

Date July 19, 2016
Target Paragon Automotive
Sector Automotive
Buyer(s) Constellation Automotive Group
Deal Type Add-on Acquisition
Deal Value 105M GBP

Target Company

Paragon Automotive

Bedfordshire, United Kingdom
Paragon Automotive Ltd. is a UK operator in the provision of outsourced vehicle services to automotive manufacturers (OEMs) and major fleet operators, including rental, leasing and corporate fleets. Paragon handles, processes and stores new vehicles at their point of entry to the UK and at the end of the factory line, as well as providing refurbishment and associated services to the used vehicle marketplace. In addition, Paragon provides specialist services such as captive fleet handover, press demonstration and company car fleet management as well as market-leading stock locator technology tools.
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Buyer Overview 1

Buyer

Constellation Automotive Group

Hampshire, United Kingdom

Category Company
Founded 1946
Sector Automotive
DESCRIPTION

Constellation Automotive Group is a vehicle remarketing company specializes in multi-channel auctions of second-hand cars, vans, and trucks from leading European vehicle vendors. The company constantly offer thousands of used vehicles - all available for 24/7 viewing online. Constellation Automotive Group was founded in 1946 and is based in Hampshire, United Kingdom.


Deal Context for Buyer #
Overall 4 of 5
Sector: Automotive 2 of 3
Type: Add-on Acquisition 4 of 5
Country: United Kingdom 4 of 5
Year: 2016 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-05 Ambrosetti UK

Sandwich, United Kingdom

Ambrosetti UK Ltd. is a provider in the specialist preparation of new and used vehicles.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-13 Aston Barclay

Normanton, United Kingdom

Aston Barclay is an independent car auction group, currently operating from four sites in the UK. The company provides vehicle remarketing services to fleet and dealership vendors. Aston Barclay was established in 1985 and is based in Normanton, United Kingdom.

Buy -