We are delighted to have advised Glyn Hopkin on their sale to an Employee Ownership Trust
Glyn Hopkin is one of the largest privately owned car dealerships in the UK, selling new and used cars through numerous franchise agreements with brands such as Nissan, KIA, and MG. The Group has a strong presence in the South-East of England and has been operating for over 30 years.
Our joined-up team consisting of Corporate Finance, Debt Advisory, Private & Advisory Tax and Valuations collaborated throughout the process to deliver a fantastic outcome for the Group and shareholders.
The sale to an Employee Ownership Trust (‘EOT’), will enable the Group’s succession, reward its large and loyal employee base with the benefits of ownership going forward, and retain its brand legacy.
We worked closely with the Glyn Hopkin team to ensure all requirements from the deal were met.
There is no expected change to the current management team post-transaction and they are all excited for the next phase of the journey under a new ownership structure.