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08/2014

Alliance Automotive Group acquired by BLACKSTONE

FRANCE Automotive / Retail & Services / Aftermarket & Repair EV 300M - 700M EUR

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 in 2013, is valued in this transaction at an EV/EBITDA multiple of , 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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Other operations with Alliance Automotive Group

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
DateAcquirerTargetCountrySector
07/2024Alliance Automotive GroupEldisBELGIUMIndustrial & Technical Distribution
09/2017Genuine Parts CompanyAlliance Automotive GroupFRANCEAftermarket & Repair
12/2016Alliance Automotive GroupGroupe de Jackie VercaigneFRANCEAuto Parts & Systems
10/2016Alliance Automotive GroupFPS DistributionUNITED KINGDOMAftermarket & Repair
09/2016Alliance Automotive GroupGenève OccasionFRANCEAftermarket & Repair
06/2016Alliance Automotive GroupBUSCHGERMANYIndustrial & Technical Distribution
01/2016Alliance Automotive GroupElectro Diesel ServiceFRANCEIndustrial & Technical Distribution
10/2015Alliance Automotive GroupColerGERMANYAuto Parts & Systems

REFERENCES

Valuation range: EV 300M - 700M EUR

Revenue range: 750M - 1.3b EUR

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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: alliance automotive group

Acquirer: blackstone