Go to deals
Automotive | Business Support Services

The Amelia Island Concours d’Elegance has been acquired by Hagerty Events

June 2021 — The Amelia Island Concours d’Elegance has been sold to Hagerty Events.

The Amelia Island Concours d’Elegance is a cherished social event in international motorsports that draws thousands of spectators and collectors together to celebrate common interests: great cars, great history and great company. The Amelia includes multiple events hosted throughout the second weekend of March. The event honors one outstanding person from motorsports every year, and car enthusiasts and rare car collectors compete for judged awards in showcase exhibitions. Rare automobiles, memorabilia and collectibles are sold at auctions. The Amelia has historically held other events, including golf tournaments, art and fashion shows and dinners with honored guests.

Hagerty Events is an automotive enthusiast brand offering integrated membership products and programs. It is home to Hagerty Drivers Club, Hagerty DriveShare, Hagerty Valuation Tools, Hagerty Drivers Club magazine, Hagerty Media, MotorsportReg, Hagerty Garage + Social, the Concours d’Elegance of America, the Greenwich Concours d’Elegance, the California Mille and more. Hagerty Events is the world’s largest provider of specialty insurance for enthusiast vehicles.

Our role in the transaction

Oaklins’ team in Jacksonville acted as the lead advisor to the seller in the preparation of the sale process and assisted him until closing.

Parties
“Having this team negotiate the challenges of a sale gave me great comfort and confidence that the best possible agreement between parties would be executed most professionally. The selling of a brand is very involved and complex, and it behooves anyone thinking of divesting their business to consider the team in Jacksonville to represent their interests. The details and legalities should be best left with those experts who deal in this genre every day.”

Bill Warner

Founder, Amelia Island Concours d’Elegance

Talk to the deal team

Bill Prescott

Principal
Jacksonville, United States
Oaklins Heritage

Howard Serkin

Principal
Jacksonville, United States
Oaklins Heritage

Don Wiggins

Principal
Jacksonville, United States
Oaklins Heritage

Related deals

Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Private Equity | Business Support Services

Nymann Kloak- & Miljøservice has been acquired by Serwent Group

Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.

Learn more
Geralseg Internacional has divested 80% of Geralseg to Horizon Equity Partners
Private Equity | Business Support Services

Geralseg Internacional has divested 80% of Geralseg to Horizon Equity Partners

The shareholders of Geralseg have successfully divested an 80% stake in the company to Horizon Equity Partners. Horizon’s investment will support Geralseg in its next phase of strategic growth, focused on capturing market opportunities driven by rising demand for electronic security solutions, strengthening its technical and service capabilities and consolidating its expansion across Portugal.

Learn more
TA Associates has completed a sell-down of its stake in Eurowag
Private Equity | Business Support Services | Logistics | TMT

TA Associates has completed a sell-down of its stake in Eurowag

TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).

Learn more