Background

  • Big Motoring World is one of the UK’s leading omni-channel, tech-enabled, second-hand car platforms
  • Founded in 1986 by Peter Waddell from his home in Teynham, Big Motoring World is now a top ten UK car dealer, with over 650 employees operating from six high-volume, high-capacity retail sites
  • Previously, DC Advisory advised Big Motoring World on its investment from UK-based private equity firm, Freshstream
  • Available Car is a leading used-car retailer based in the North of England operating four high-capacity sites in prime locations across Leeds, Cannock, Sutton-in-Ashfield and Castle Donington
  • Available Car stocks over 4,000 cars across 30 brands as well as operating its own car buying service IsYourCarAvailable.com

Process

  • DC Advisory was engaged by the shareholders to provide strategic advice to Big Motoring World on the acquisition of Available Car
  • DC Advisory worked closely with shareholders to assess the best approach on both deal execution and post deal integration
  • DC Advisory provided comprehensive financial and strategic advice, including process strategy and tactics, sector insight, and close support in negotiation and transaction documentation

Outcome

  • DC Advisory leveraged its extensive automotive sector and market expertise to deliver an exceptional outcome and meet the objectives of Big Motoring World’s shareholders
  • Integration of the trade and assets into the Big Motoring World group will create the UK’s leading independent omni-channel, second-hand car retail group, with Big Motoring World gaining a key foothold in the North of England

  • This transaction is subject to customary closing conditions and approvals
  • This transaction firmly builds on DC Advisory’s extensive experience in the automotive retail sector, following the sales of market leaders Big Motoring World, The Car People and CarShop

“It has been an absolute pleasure to work with DC Advisory again. The team were committed from the start, providing high quality advice and making sure that Big got the best possible result. I am delighted with the outcome and am beyond thrilled to see Big expanding into the North. I am looking forward to seeing this acquisition transform Big and look forward to working with the DC Advisory team in the future.”

Peter Waddell
CEO and Founder, Big Motoring World

“DC Advisory have provided a high-quality service right from the start. Through their thought-led process, DC Advisory were able to provide expert analysis and strategic insight resulting in a fantastic deal for both Big Motoring World and Available Car. We have enjoyed working with DC Advisory through the process and look forward to working with the team in the future.”

Reza Fardad
Partner, Freshstream

“We are delighted to have advised Big Motoring World and Freshstream on this transaction. Big Motoring World continues to go from strength to strength and we are confident that this acquisition will only accelerate the company’s growth trajectory.”

Robert Jones
Managing Director, DC Advisory