Kings Road Tyres has been acquired by the management team
The private shareholders of Kings Road Tyres have sold the company to the management team. Financial details have not been disclosed.
Kings Road Tyres is among the largest and most successful wholesale distributors of tyres in the UK. With an outstanding track record stretching back 40 years, the company employs more than 100 members of staff across its national network of four warehousing and logistics centers.
Oaklins Smith & Williamson, based in the UK, advised Kings Road Tyres' management team on a succession planning using a vendor initiated management buy-out structure to enable an exit for some shareholders.
Talk to the deal team
Related deals
UKAT Group has acquired Bayberry Limited
UK Addiction Treatment (UKAT) Group, a leading UK provider of residential addiction, mental health and behavioral health treatment backed by Sullivan Street Partners, has acquired Bayberry Limited, a specialist mental health and wellbeing treatment provider. Joining UKAT enables Bayberry to preserve continuity of care for patients and referral partners, retain the strength of its clinical team and benefit from UKAT’s operational infrastructure, referral network and marketing channels. This partnership supports Bayberry’s next stage of development while preserving the qualities that differentiate its service offering.
Learn moreDiederichs Karosserieteile has been acquired by ITAL, a portfolio company of Naxicap
Diederichs Karosserieteile GmbH has been acquired by ITAL Holding, a European automotive aftermarket platform backed by Naxicap Partners.
Learn moreSun European Partners has secured financing to support its acquisition of B&H Worldwide
Sun European Partners has raised debt facilities to support its acquisition of B&H Worldwide.
Learn more