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New Deal


Announced

Big Motoring World to acquire Midlands and Yorkshire business from Available Car.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Motor Vehicle Manufacturing

Automobiles

Acquisition

Pending

Majority

Private

Friendly

Single Bidder

Cross Border

Synopsis

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Big Motoring World, a car dealer, to acquire Midlands and Yorkshire business from Available Car, a used car retailer. Financial terms were not disclosed. “The news today highlights the next milestone in our nationwide expansion. We have a well-proven omnichannel technology-first business model that’s proved to be sustainable even in tough trading conditions. We look forward to bringing our car buying experience to the people of Yorkshire and the West Midlands as we continue to grow our business nationally. Available Car’s family-owned heritage, focus on high quality service, and large, well-located sites are an ideal foundation for our platform. Our customers love our straight-forward and honest approach to vehicle retailing and the value proposition we offer. Our vehicles are priced to sell, and we focus heavily on the customer experience, eliminating the pain points seen at most dealerships,” Peter Waddell, Big Motoring World Founder and CEO.

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