M&A Deal Summary

Vertu Motors Acquires Helston Garages Group

On December 8, 2022, Vertu Motors acquired automotive company Helston Garages Group for 117M GBP

Acquisition Highlights
  • This is Vertu Motors’ 2nd transaction in the Automotive sector.
  • This is Vertu Motors’ largest (disclosed) transaction.
  • This is Vertu Motors’ 11th transaction in the United Kingdom.

M&A Deal Summary

Date 2022-12-08
Target Helston Garages Group
Sector Automotive
Buyer(s) Vertu Motors
Deal Type Add-on Acquisition
Deal Value 117M GBP

Target

Helston Garages Group

Gateshead, United Kingdom
website
Helston Garages Group is a manufacturer automotive retail group. Helston Garages Group was founded in 2000 and is based in Gateshead, England.

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Buyer(S) 1

Buyer

Vertu Motors

Gateshead, United Kingdom

website


Category Company
Founded 2006
Sector Retail
Employees6,184
Revenue 3.6B GBP (2022)
DESCRIPTION

Vertu Motors is an automotive retail businesses in the United Kingdom. Vertu Motors was founded in 2006 and is based in Gateshead, the United Kingdom.


DEAL STATS #
Overall 11 of 11
Sector (Automotive) 2 of 2
Type (Add-on Acquisition) 8 of 8
Country (United Kingdom) 11 of 11
Year (2022) 1 of 1
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-12 Powerbulbs & Car Bulbs

Gateshead, United Kingdom

Powerbulbs & Car Bulbs is an online supplier of car parts and specializes in supplying high-quality Philips headlight bulbs to customers worldwide. Powerbulbs & Car Bulbs is based in Gateshead, United Kingdom.

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