Keystone led the successful trade sale of a Midlands based dealer in specialist vehicles.
The business offers an extensive and high quality range of largely second hand vehicles from leading manufacturers and uses specialist market knowledge and purchasing expertise to source its trading stock. Its workshop also provides vehicle servicing and both major and minor conversion capabilities. Operating in a sector of the market that is expected to continue to develop provides future resilience and opportunity to the acquirer.
Founder and Managing Partner of Keystone, Adam Rowlands, commented:
“The very specialised nature of the business meant that there was a restricted pool of potential acquirers. Keystone was, nevertheless, able to run a sale process that maintained enough competitive tension throughout to deliver a realisation for the vendors that was towards the upper end of expectations.”