Acquisition of Westover Group Limited by Hendy Automotive Limited

Deal typeM&A & Transaction Services
IndustryRetail & Consumer
Client nameHendy Automotive Limited

BDO has advised Hendy Automotive Limited on its acquisition of Westover Group Limited.

Hendy's acquisition of Dorset-based Westover Group has created an enlarged group set to break £1bn revenue.

The acquisition means Hendy now operates 26 franchises from over 80 locations across the South and Southeast of England, making it one of the largest privately owned car dealerships in the country.

Hendy Chief Executive, Paul Hendy, said: "Westover is a hugely successful group and shares our philosophy of delivering a premium service and putting the customer and its employees at the heart of operations".

"We are delighted to have completed the acquisition of the Westover Group, to become one of the UK’s largest dealership networks and take Hendy to £1bn turnover. The Southampton BDO team comprising M&A, tax and transaction services, worked with us throughout the transaction and provided excellent support across the process.  Their understanding of what was required to keep driving the deal forward, combined with their expertise and responsiveness in co-ordinating workstreams allowed us to maintain momentum and deliver a really successful outcome.  We fully appreciated their proactive approach and commitment.  It was great to work with them again on this transaction and we look forward to working with BDO on future growth opportunities."

Jonathan Moritz, Chief Financial Officer - Hendy Group Limited