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  5. Prohire Acquires Midland Vehicle Contracts

M&A Deal Summary

Prohire Acquires Midland Vehicle Contracts

On December 6, 2006, Prohire acquired retailer Midland Vehicle Contracts

Acquisition Highlights
  • This is Prohire’s 1st transaction in the Retail sector.
  • This is Prohire’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2006-12-06
Target Midland Vehicle Contracts
Sector Retail
Buyer(s) Prohire
Deal Type Add-on Acquisition
Advisor(s) Dow Schofield Watts (Financial)

Target

Midland Vehicle Contracts

Stoke-on-Trent, United Kingdom
Midland Vehicle Contracts Ltd. provides asset leasing services.

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Buyer(S) 1

Buyer

Prohire

Stoke on Trent, United Kingdom
Category Company
Sector Transportation
DESCRIPTION

Prohire is a provider of specialist contract hire, repair and maintenance, accident management and fleet management solutions to vehicle operators throughout the UK and Irish markets. Prohire is based in Stoke on Trent, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2006 M&A 1 of 1
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