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Lawrence Stephens has advised the shareholders of M&A Coachworks on the sale of their business to The Steer Group, one of the industry’s leading automotive repair groups
June 2024
M&A Coachworks is a supercar, manufacturer-approved repair specialist for iconic luxury brands such as Porsche, Ferrari, Aston Martin, Bentley, Lamborghini, McLaren and Maserati. Established in 1971, the company has four bodyshop sites in London, Norwich, Hertfordshire and Berkshire. It offers vehicle repairs, restorations and transport collection for client’s prestige vehicles.
The strategic acquisition of what was the UK’s largest manufacturer recommended repairer of super cars bolsters Steer’s capabilities in the luxury vehicle repair sector through expanding its repair footprint and increasing its capacity.
No stranger to the sector, this deal follows an earlier transaction where the Lawrence Stephens team advised the shareholders of the Artis Group, a vehicle repair business with 11 outlets located around the M25 on their sale to The Steer Group.
M&A Coachworks is also a family-owned business, established by Brothers Michael Dionisiou and Adonis Kyriacou in 1971. A founder-led business itself, Lawrence Stephens is very familiar with the challenges this brings and advises many privately owned businesses on a wide range of matters throughout the business lifecycle.
The Lawrence Stephens team was led by Managing Director Steven Bernstein, with assistance on the corporate side from Associates Harshita Samani and Carla Bernstein and Trainee solicitor Heather Ramsey and on the property side from Director Nick Marshall.
