acquisitions

Halfords announces Axle Group acquisition

Halfords will purchase Axle Group Holdings on a cash free, debt free basis, to become the UK’s largest vehicle service, maintenance and repair business. The deal is worth £62m with […]

Allianz acquires majority stake in GT Motive

Allianz X (Allianz Group) has acquired a majority stake in GT Motive from current shareholders Mitchell and Einsa. The move aims to support the global expansion of GT Motive and […]

Axalta to acquire U-POL

Axalta will acquire U-POL from Graphite Capital Management and other holders for £428m. The acquisition is expected to finalise in the second half of the year and result in operating […]

Six of the best for RHCV

RH Commercial Vehicles has acquired WTL Truck & Van Centre in Peterborough, meaning it now has six sites across the East Midlands. WTL Truck & Van Centres has a 10,000 […]

Solera continues expansion strategy

Solera has announced that it will acquire Omnitracs, a complete fleet management platform, and DealerSocket, a leading SaaS provider to the automotive industry. CEO Darko Dejanovic said: “These highly strategic […]

TrustFord enhances London footprint

TrustFord has acquired a Ford dealership from Cambria Automobiles plc in Wimbledon. The group has also taken over the Ford franchise for new car and commercial vehicle customers in the […]

SCP acquires Alloy wheel repair specialists

Soundcore Capital Partners, a control-oriented, New York-based private equity firm that invests in lower middle market businesses, today announced that it has completed the acquisition of Alloy Wheel Repair Specialists, the […]

Solera sale to move forward

Solera has said that regulators have given early clearance for the insurance software provider to be taken over by private-equity firm Vista Equity Partners. The companies announced the agreement in […]

AXA acquire Global Insurance Management

Multinational insurance firm AXA has acquired Coventry based insurance expertise provider Global Insurance Management. AXA has previously underwritten the risk for Global Insurance Management, however this acquisition will mean an […]

Vista Equity to buy Solera for $3.74 billion

Solera Holdings Inc, which provides claims processing software to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in […]

Mitsui Sumitomo to buy Amlin for £3.7m

Japanense firm Mitsui Sumitomo Insurance Co. has agreed to buy UK insurance company Amlin PLC for £3.47 billion ($5.3 billion), in the latest consolidation of the global insurance market. The companies said Amlin shareholders would […]