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Vertu Motors acquires Burrows Motor Company Limited to expand dealership network

Oct 29, 2024about 1 year ago

Acquiring Company

Vertu Motors

Acquired Company

Burrows Motor Company Limited

GatesheadDoncasterAutomotiveManufacturingMotor Vehicle ManufacturingAutomotive

Description

Vertu Motors, a prominent UK automotive retailer, has announced the strategic acquisition of Burrows Motor Company Limited, increasing its dealership network and reinforcing its partnerships with leading car manufacturers. This acquisition significantly boosts Vertu's presence in Yorkshire and Nottinghamshire and is expected to be earnings enhancing in its first full year under Vertu's ownership.

Company Information

Company

Vertu Motors

Location

Gateshead, Tyne and Wear, United Kingdom

About

Vertu Motors is a prominent UK automotive retailer with a strong focus on expanding its dealership network and reinforcing partnerships with leading car manufacturers. It has a strategic approach to growth through acquisitions and is committed to creating shareholder value.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed