Vertu Motors acquires Burrows Motor Company Limited to expand dealership network
Oct 29, 2024•about 1 year ago
Acquiring Company
Vertu Motors
Acquired Company
Burrows Motor Company Limited
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.
M&A Insights
Based on deal dataIntegration 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