MotorVise Automotive

Brayleys Cars has grown its number of franchised dealerships to 18 following the acquisition of Grovebury Kia Dunstable.

This further strengthens the dealer group’s relationship with the marque, adding to its current Kia dealership network in Enfield, Harpenden, and Oxford.

It now represents several of the world’s best known automotive brands: Kia, Honda, Mazda, Renault & Dacia across Buckinghamshire, Hertfordshire, Surrey, North & South London, Essex, Kent and Oxfordshire.

Managing Director Paul Brayley commented “I’m delighted to have acquired Grovebury Cars. The team at Grovebury Cars are hugely experienced and the business is renowned for delivering outstanding customer service. Its values are closely aligned to our own which is why I am so excited to have such a talented team join our group.

“The business continues to grow and evolve organically, almost doubling in size over the last four years.”

Brayleys, which is majority owned by Dubai-based international investors AW Rostamani, has experienced a strong trading performance, having grown its turnover from £157.8m in 2021 to £188.6m last year.

It was recently ranked as one of the UK’s best workplaces in the large workplace category by Great Place to Work.

The Grovebury acquisition was brokered by automotive consultancy MotorVise, which acted on behalf of former owners Martin and Jacqui Camplin. It has been involved in the sale of all three of their dealerships.

MotorVise, which recently reported a three-fold increase in its M&A advisory activity since the start of the pandemic, is currently working with several dealership groups and independents to prepare their businesses for sale.

Fraser Brown, founder and managing director of MotorVise, added: “Since the pandemic, our specialist automotive business brokerage service has experienced a three-fold increase in demand as the trend towards the conglomeration of dealerships continues.”

The Camplins, who built Grovebury up over several years, decided to sell their three dealerships to invest and focus on alternative business interests.

Martin and Jacqui Camplin said: “It’s been a privilege to serve our customers at Grovebury Kia Dunstable and we look forward to pursuing other business ventures, safe in the knowledge that the future of the dealership is in good hands.”

ENDS

NEWS RELEASE: ISSUED ON BEHALF OF MOTORVISE AUTOMOTIVE

Photo Caption: Grovebury Kia Dunstable has been acquired by Brayleys Cars

For further information contact Andrew Douglas on 01325 363436

Editor’s Notes

MotorVise was established by Fraser Brown in 2014 and offers a comprehensive range of services designed to allow dealerships to meet their sales, service, and profit objectives. These include the provision of car sales events, car dealership recruitment, F&I compliance, sales incentive systems, staff training courses and vehicle progressor systems. In November 2022, it was named as Recruitment Agency of the Year for a second year running at the Motor Trader Industry Awards.

https://www.motorvise.com/