Alliance Automotive Group acquired by BLACKSTONE
Context
Blackstone, together with the founders of Alliance Automotive Group (AAG), has announced the acquisition of the company from Weinberg Capital Partners. The transaction marks a new phase in the development of one of Europe's leading independent automotive aftermarket distributors, with strong positions in both France and the United Kingdom. The investment is consistent with Blackstone’s strategy of supporting market-leading businesses operating in fragmented industries with significant consolidation opportunities. Alliance Automotive Group’s extensive distribution network, logistics capabilities and proven acquisition-driven growth model provide a strong platform for continued expansion across Europe. Blackstone intends to support the group in accelerating organic growth while continuing its strategy of targeted acquisitions to strengthen geographic coverage and expand its distribution network. The continued involvement of the founders reflects a shared commitment to maintaining the company’s long-term development strategy and preserving its close relationships with independent distributors and repair professionals. Following completion, the group plans to implement several operational initiatives aimed at improving efficiency, including the harmonisation of selected business processes, optimisation of inventory management and further development of digital tools supporting its distribution network. The transaction is also expected to strengthen collaboration across the group’s various distribution brands while preserving their individual market identities. With Blackstone’s support, Alliance Automotive Group aims to reinforce its position as a leading European automotive aftermarket platform by combining operational excellence, an extensive logistics network and a disciplined long-term growth strategy.
Alliance Automotive Group, which reported an EBITDA margin of LOGIN in 2013, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).
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Target
Alliance Automotive Group (AAG) is one of Europe's leading independent automotive aftermarket distributors, specialising in the distribution of replacement parts, accessories and value-added services for the automotive repair industry. Established in 1989, the group has built a particularly strong presence in France and the United Kingdom through a portfolio of well-established distribution networks serving professional repair businesses. The company supplies a comprehensive range of automotive replacement parts, workshop equipment, tools and consumables to independent garages, repair workshops and maintenance networks. Its offering is complemented by technical support, training programmes, logistics services and digital solutions designed to improve the operational performance of its customers. Alliance Automotive Group operates through an integrated business model combining centralised procurement, large-scale distribution centres and an extensive network of owned subsidiaries and independent distributor partners. This structure enables the group to maintain high product availability, rapid delivery capabilities and efficient market coverage across its core regions.
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Historical Financials (EUR)
Other operations with Alliance Automotive Group
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 09/2017 | Genuine Parts Company | Alliance Automotive Group | FRANCE | Automotive | - |
| 12/2016 | Alliance Automotive Group | Groupe de Jackie Vercaigne | FRANCE | Automotive | Alliance Automotive Group announced the acquisition of Groupe de Jackie Vercaigne, a French independent automotive parts distributor comprising four regional distribution platforms and a network of approximately 80 franchised retail outlets operating under the Pièces Auto brand. The transaction forms part of Alliance Automotive’s broader external growth strategy aimed at strengthening its regional coverage and consolidating its position within the French automotive aftermarket. The acquisition expands Alliance Automotive’s logistics footprint through complementary facilities located in several strategic regions of France, including the north, east and western parts of the country |
| 10/2016 | Alliance Automotive Group | FPS Distribution | UNITED KINGDOM | Automotive | Alliance Automotive Group has announced the completion of the acquisition of FPS Distribution, a leading independent UK distributor of automotive parts and accessories. The transaction strengthens Alliance Automotive’s ongoing consolidation strategy within the European automotive aftermarket and represents another step in expanding its position in the UK market. The acquisition provides Alliance Automotive with an enhanced presence in the UK through a complementary distribution network and FPS Distribution’s established expertise in supplying independent repair workshops |
| 09/2016 | Alliance Automotive Group | Genève Occasion | FRANCE | Automotive | Alliance Automotive Group announced the acquisition of Genève Occasion, a French specialist in end-of-life vehicle (ELV) processing and the distribution of used vehicles and recycled automotive components. The transaction represents the foundation of the newly launched Préférence Recyclage network, through which the Labeloccasion brand will be developed to structure the group’s offering in reused automotive parts. The acquisition supports Alliance Automotive Group’s strategy of complementing its traditional new-parts distribution activities with circular economy solutions |
| 06/2016 | Alliance Automotive Group | BUSCH | GERMANY | Industrial Services | Alliance Automotive Group (AAG) announced the acquisition of Busch GmbH, a family-owned German automotive parts distributor headquartered in Freiburg, Baden-Württemberg. The transaction strengthens AAG’s expansion strategy in Germany following the recent integration of Coler GmbH & Co. KG and highlights the group’s continued efforts to consolidate its position within the fragmented European automotive aftermarket sector. The acquisition provides Alliance Automotive with a stronger regional presence in southwestern Germany through Busch’s established distribution network and long-standing relationships with independent repair workshops |
| 10/2015 | Alliance Automotive Group | Coler | GERMANY | Automotive | Alliance Automotive Group announced the acquisition of Coler GmbH & Co. KG, a German automotive parts distributor, marking the group’s entry into the strategic German aftermarket market. The transaction represents a significant milestone in Alliance Automotive’s European expansion strategy, following its established operations in France and the United Kingdom, with the objective of building a leading pan-European automotive distribution platform. The acquisition provides Alliance Automotive with a strong local presence in Germany through Coler’s established logistics infrastructure and regional distribution network across the western part of the country |
REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 750M - 1.3b EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Target: alliance automotive group
Acquirer: blackstone