Azets, the regional accountancy and enterprise advisor to SMEs, has suggested on a multi-million-pound sale of specialist accident restore centres, AW Restore Group, to Chiltern Capital-backed Steer Automotive Group.
Based in 1996 by Andrew Walsh, AW Restore Group Restricted operates a gaggle of specialist accident restore centres. From its 12 operational websites unfold throughout South Yorkshire and the East Midlands, the enterprise delivers a mixture of car accident restore companies to its established and rising base of shoppers within the insurance coverage and producer sector.
With over 30 years of expertise throughout the physique store trade, Steer Automotive Group is now the brand new proprietor of AW Restore Group.
Exiting founder and CEO of AW Restore Group, Andrew Walsh, mentioned: “I began the enterprise on the age of 24 and to barter its sale was, at occasions, emotive, irritating and in addition thrilling.
“Because of the steering from the Azets’ crew, specifically Martin Poole, Tom Eastwood and Doug Allan, who had been at all times calm, diligent and constant of their method and any different proposals had been at all times explored. They’d a extremely good understanding of all of the intricacies, and labored in partnership with our authorized advisors.
“We want the crew at Steer Automotive Group all the perfect and stay up for following their journey.”
Martin Poole, accomplice at Azets, added: “It was a pleasure working with Andrew and Emma, long-standing purchasers of the agency. By way of their exhausting work, they’ve grown a enterprise from scratch into one that’s on the forefront of the trade. Their dedication and willpower by the transaction course of has been second to none and so they totally deserve the worth that they’ve achieved for all of their efforts.
“I’ve little doubt that the legacy and dedication proven by AW Restore Group’s founder and CEO Andrew and finance and authorized director Emma will allow the enterprise to flourish underneath new possession.”
Azets offered company finance, audit and tax advisory companies to the shareholders of AW Restore Group Restricted.