Deal news: Advising Sandown Group on the purchase of its latest dealership in Newbury

Deal news: Advising Sandown Group on the purchase of its latest dealership in Newbury

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Stevens & Bolton has advised Sandown Group, a leading Mercedes-Benz retailer based in the South East, on its acquisition of its latest retailer in Newbury bought from Sytner Group.  

Sandown Group is a proud representative of the prestigious Mercedes-Benz brand and has over 40 years of experience selling and servicing Mercedes-Benz. This acquisition strengthens its operation and extends its reach further north taking the group to eight locations, with the business also based in Poole, Dorchester, Salisbury, Basingstoke, Guildford, Hindhead and Farnborough.

Sandown’s managing director, Gavin McAllister said “It was a pleasure to work with Stevens & Bolton on this transaction and I greatly value the team’s professional and effective approach. We worked closely with Stevens & Bolton team members on the property, commercial, people and data aspects of the transaction; the coordination between the different professionals was exceptional and the quality of the support outstanding. The Stevens & Bolton team is consistently responsive, always commercial and hugely effective under tight deadlines - it’s for this reason that Stevens & Bolton is our go-to firm.”

Keith Syson, corporate partner at Stevens & Bolton said “ We are delighted to have worked with Gavin and the Sandown Group team in securing this latest dealership. We are really excited to see the opportunities ahead for Sandown Group to further expand its reach and we look forward to supporting the management team with their ongoing growth plans.”

The Stevens & Bolton team was led by corporate partner Keith Syson, supported by Francesca Messina (corporate) and Sarah Kirwan (real estate).

 

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