Acquisitive Williams secures £20 million

Motor group Williams is on the hunt for acquisitions and plans to expand across its home base of North West England after announcing a £20 million fundraising.


Motor group Williams is on the hunt for acquisitions and plans to expand across its home base of North West England after announcing a £20 million fundraising.

Motor group Williams is on the hunt for acquisitions and plans to expand across its home base of North West England after announcing a £20 million fundraising.

The luxury car retailer secured the finance from Barclays Corporate, with advice from MCR’s debt advisory team in Manchester.

Williams Group managing director Nick Cook says the fundraising will pave the way for further acquisitions. He comments, ‘With the new financial structure in place, we intend to be proactive in taking advantage of the opportunities the current climate presents.’

Williams has 12 sites in Bolton, Liverpool, Manchester, Rochdale and Stockport selling BMW, Mini and Land Rover vehicles and motorcycles, and has overall revenues in excess of £300 million. It bought rival dealership David Holmes in Stockport in August last year.

Todd Cardy

Todd Cardy

Todd was Editor of GrowthBusiness.co.uk between 2010 and 2011 as well as being responsible for publishing our digital and printed magazines focusing on private equity and venture capital. Connect with...

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