RSM M&A and private equity team has successfully completed the sale of a significant stake in SC Motor Factors (SCMF) to HgCapital, the European private equity group.
Founded in 1984, SCMF is a supplier of car parts and van spares to local and national garages operating across the South East. In a fiercely competitive industry, the business has grown from a single site to seven branches throughout Kent, East Sussex and South-East London.
The investment enables SCMF to accelerate its branch network expansion and further strengthen its position as one of the foremost distributors in the UK automotive aftermarket
What RSM did
RSM led the transaction on behalf of SCMF’s founder, Jeremy Stopher.
'There were some complex elements to this transaction, so it was important to have an adviser with private equity experience who could identify and clearly communicate the value drivers and key risks. We had a few issues along the way but the team’s tactical and professional approach ensured an excellent result. I would highly recommend RSM to anyone considering selling a stake in their business.'
Jeremy Stopher, Founder and Managing Director, SC Motor Factors Limited
Kirsty Sandwell, Partner
Angus Miller, Associate Director
Lucy Quinn, Associate
Josh Corbett, Executive