MergerLinks’ Post

Have less than one minute to find out what topped our headlines this week and impress your colleagues when you hit the office? As a ton of other news floods your timelines, stay in the know on all things fleet by following Work Truck Magazine and subscribing to our #YouTube channel so you never miss an update. Cut through the noise and get straight to the point! Watch now! #worktruck #truckfleets #fleetmanagement #60seconds #videoshorts

VinFast’s 400% Surge Is an Anomaly for Beaten-Down SPAC Industry Shares of EV maker are on a tear since their debut on Aug. 15 De-SPACs that went public this month post median drop of 41% VinFast Auto Ltd.’s 400% surge after going public in a SPAC merger earlier this month is the lone bright spot for blank-check deals completed in August. Beyond the Vietnamese electric-vehicle maker, investors who have held on to shares of newly public companies from tie ups with special purpose acquisition companies have mostly endured nothing but losses. #business #finance #financialservices

Top News: https://loom.ly/jsWKXxo Stay updated with the latest news and trends in the commercial vehicle industry! In this video, we'll count down the top 10 news and articles of the week, covering acquisitions, charging solutions, electric vans, regulation updates, and more! #worktruck #truckfleets #fleetmanagement

ACQUISITION ALERT! This is your chance to acquire a dealership with a strategic location: just one hour away from a thriving major market and a robust automotive hub. Thanks to its stellar reputation and its history of impressive profitability, this venture guarantees substantial growth. Don't miss out on this lucrative investment opportunity and contact Dean Pezderic for more information today! #mergersandacquisitions #dealership #automotive #buysell #automotivenews

Triton Partners sets strong marker for 2024 IPOs with RENK Group share sale. Renk’s share price has shot up more than 30 percent on its first day of trading, while Triton retains overall control of the drive product manufacturer. The #privateequity firm will have banked a nice profit on the sale. Triton paid around €700 million when it acquired the business from automotive giant Volkswagen and minority shareholders in October 2020, PE Hub Europe understands. But the listing price of €15 gave it a market cap of €1.5 billion – a volume now closer to €2 billion thanks to the opening day’s strong trading. https://lnkd.in/duAsVdh2

Britain's competition regulator cleared auto parts provider LKQ Corporation's $2.1bn deal to buy Canada's Uni-Select Inc. after LKQ agreed to divest Uni-Select's UK business. The Competition and Markets Authority said it considers the divestiture of GSF Car Parts as reasonable, and the Uni-Select deal will not be referred to further investigation. The regulator opened its investigation in June as it believed the deal could have raised competition concerns related to supply of car parts and garage equipment to independent garages and workshops in some areas of Britain. Uni-Select Inc. (led by Brian McManus, Anthony Pagano, Emilie Gaudet and Max Thelonious Rogan) is advised by RBC Capital Markets, TD Securities, Fasken (led by Marie-Josée Neveu and Jean Lapierre), Latham & Watkins (led by Jordan Miller), Linklaters (led by Aisling Zarraga), McCarthy Tétrault (led by Robert Hansen), Stikeman Elliott LLP and NATIONAL Public Relations. LKQ Corporation (led by Dominick Zarcone, Rick Galloway, MBA, Matthew McKay) is advised by Bank of America, Wells Fargo, Davies Ward Phillips & Vineberg LLP, Slaughter and May, Wachtell, Lipton, Rosen & Katz (led by Mark Stagliano). Financial advisors are advised by White & Case LLP. Debt financing is provided by Bank of America and Wells Fargo. #MergersAcquisitionsDivestitures #Industrial #Automotive #Antitrust

ACQUISITION ALERT! A lucrative investment awaits with this promising dealership! Strategically located between 5 bustling metro areas, the business dominates a substantial share of the market, boasting great numbers in the used car sector. Don't miss out on this prosperous acquisition! Contact Jennifer Rafael, Jon Moroni, or Gregory Brown to get more information. #mergersandacquisitions #dealership #automotive #buysell #automotivenews

Thinking of expanding through acquisition? It can be a thrilling ride, especially with a team like eAcquisition at the helm guiding you through the turbulent waters. ⛵ What’s the biggest challenge you foresee in acquiring or selling a company? #BusinessAcquisition #GrowthThroughAcquisition

Typically, dealerships’ value is compromised of tangible assets such as cash, inventory, equipment, and goodwill. But, if dealers are looking to add or sell stores to their portfolio in the current faulty climate, they’ll need to know what impacts their values today. Joining us on today’s episode of Inside Automotive is Alan Haig, President and Founder of Haig Partners. The latest Haig Report for Q3 2023 indicates that demand for #dealerships remains robust. With at least 385 dealerships changing hands by the end of the third quarter, the report projects that 2023 will be the third-most active year in dealership acquisitions, following 2021 and 2022. https://lnkd.in/gyWTRCqh

One of the biggest issues companies run into during the M&A process is management’s tendency to focus on changes that will help capture the deal’s value targets without being able to focus their team on the nuts and bolts of those changes. In bringing two or more companies together, a single source of truth can provide seamless communication to get everyone on the same page as early as possible. We’ve helped clients like Truist Bank through the challenges of a merger, starting even years after acquisitions have taken place.