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Corporate Finance - Latest Deals

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Perrys acquires £175m turnover car dealership GK Group

August 2015

The Hawsons specialist tax and tax due diligence teams have worked closely with Northampton-based Perrys on this very important acquisition for the firm.

Hawsons’ Tax Partner, David Cairns said: “We were delighted to have acted as tax due diligence and tax advisors to Perrys on their acquisition of GK Group. This was a significant transaction for Perrys, a long-standing client of Hawsons, and one that accelerates their continued growth and signals the latest stage in their plan to expand nationwide.”

Background

Leading car dealership, Perrys, represents 16 of the UK’s leading motor brands and is the largest independent Peugeot dealer in the country. The Northampton-based firm, which has dealerships across the UK, is a highly successful, privately-owned business.

GK Group, a Chesterfield-based car dealership with a £175m turnover, with five Ford showrooms, one Kia showroom and an accident repair centre was acquired by Perrys Group.

Perrys acquisition of GK Group

Client

Perrys

Sector

Transport

Transaction

Acqusition

Role

Tax due diligence & tax advisors

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