Add-on Acquisition • Retail

Vertu Motors Acquires Greenoaks

On March 1, 2016, Vertu Motors acquired retailer Greenoaks for 22M GBP

Acquisition Context

This is Vertu Motors’ 4th transaction in the Retail sector.
This is Vertu Motors’ 2nd largest (disclosed) transaction.
This is Vertu Motors’ 6th transaction in the United Kingdom.

Explore All 1414 Add-on Acquisition Retail Deals - Search the Database Free

M&A Deal Summary
Date	March 1, 2016
Target	Greenoaks
Sector	Retail
Buyer(s)	Vertu Motors
Deal Type	Add-on Acquisition
Deal Value	22M GBP

Target Company

Greenoaks

Bracknell, United Kingdom

Greenoaks operates the Mercedes-Benz outlets in Reading, Ascot and Slough, with the Reading and Ascot outlets also representing the smart franchise and Ascot being an AMG performance centre. Greenoaks has represented Mercedes-Benz for over 30 years.

Explore More Deals

Browse All 215,156 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

Vertu Motors

Gateshead, United Kingdom

Category	Company
Founded	2006
Sector	Retail
Employees	7,591
Revenue	4.8B GBP (2025)

DESCRIPTION

Vertu Motors is an automotive retail business. Vertu Motors was founded in 2006 and is based in Gateshead, England.

Deal Context for Buyer	#
Overall	6 of 12
Sector: Retail	4 of 6
Type: Add-on Acquisition	5 of 8
Country: United Kingdom	6 of 12
Year: 2016	2 of 4
Size (of disclosed)	2 of 7

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2016-01-25	Lookers - Honda Depots United Kingdom Lookers - Honda Depots in Nottingham, Derby and Stockton-On-Tees consists of three honda dealerships which engage in the sales of new and used cars.	Buy	£2M

DATE

TARGET

DEAL TYPE

VALUE

2016-01-25

Lookers - Honda Depots

United Kingdom

Lookers - Honda Depots in Nottingham, Derby and Stockton-On-Tees consists of three honda dealerships which engage in the sales of new and used cars.

Buy

£2M

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2016-05-03	Inchcape Retail - Leeds Jaguar United Kingdom Inchcape Retail - Leeds Jaguar comprises automotive retail operations and is located in the United Kingdom.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2016-05-03

Inchcape Retail - Leeds Jaguar

United Kingdom

Inchcape Retail - Leeds Jaguar comprises automotive retail operations and is located in the United Kingdom.

Buy

Explore Related M&A Activity

Retail M&A - Add-on Acquisition M&A Deals - United Kingdom M&A - 2016 M&A