Corporate Finance - Perrys Acquire GK Group
Adding commercial value to your transactionPerrys acquires 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.
Client
Perrys
Sector
Transport
Transaction
Acqusition
Role
Tax due diligence & tax advisors