An acceleration deal conclusions during September resulted in 12 reported acquisitions in Q3 compared to 11 in the same period in 2016.The year to date total number of reported deals (35) is down on the 2016 total of 55.
Martin Wilson from the motor trade asset sales consultancy MTBN said, “Despite the continued uncertainty surrounding Brexit the pent up demand in the market remains and once the future landscape becomes a little clearer we can expect to see an increase in activity as the bigger groups look to rebalance their portfolios. At the same time there may be a significant shift in values as the perception of the likely winners emerges.”
MTBN was established in 1989 to provide a specialist consultancy service advising Clients on the sale of motor trade businesses and properties throughout the UK.
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