M&A Deal Summary |
|
|---|---|
| Date | 2016-07-12 |
| Target | Buy Right Cars |
| Sector | Retail |
| Buyer(s) | Turners Automotive Group |
| Deal Type | Add-on Acquisition |
| Deal Value | 15M AUD |
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| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | Financial Services |
| Employees | 708 |
| Revenue | 255M NZD (2025) |
Turners Automotive Group is a New Zealand owned and operated company listed on the NZX and has been providing finance and insurance products for over 30 years. Company operates in two broad markets: used vehicles and commercial goods. Products are sold on behalf of vendors. Turners Automotive Group was founded in 1984 and is based in Auckland, New Zealand.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Retail M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| Country: New Zealand M&A | 2 of 3 |
| Year: 2016 M&A | 1 of 2 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-30 |
Southern Finance
Christchurch, New Zealand Southern Finance is an established finance company in the used vehicle finance market and has been active in the South Island for close to 20 years with extensive client and referrer networks in Christchurch and throughout the South Island. Loans are originated through motor vehicle dealers, finance brokers, strategic partnerships and direct lending. |
Buy | $5M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-21 |
Autosure New Zealand
Auckland, New Zealand Autosure New Zealand Ltd. is a provider of automotive insurance. The company was founded in 1986 and is based in Auckland, New Zealand. |
Buy | AU$34M |