Capital Law has advised Kerr’s Tyres (backed by Chiltern Capital) on its acquisition of Farmer Autocare
Farmer Autocare is a leading Scottish tyres, exhaust and vehicle servicing business founded by Sir Tom Farmer in 2003. Farmer Autocare, which operates 21 sites across Scotland and employs nearly 200 people, has been acquired by Belfast-based Kerr’s Tyres Group, which is backed by Chiltern Capital.
Chiltern Capital’s investment brings together two family-run organisations with strong community roots and will enable Kerr’s Tyres to accelerate its ambitious organic and acquisition led growth plan of expanding to 250 sites throughout the United Kingdom and the Republic of Ireland over the next five years.
Capital Law’s Corporate and Private Equity team was led by Gareth Williams-Davies alongside Dan Wood, Alex Prothero and Ryan Edwards. Capital Law’s Debt Finance team, led by Chris Lewis and supported by Anukrit Bhargava and Emily Herrod, also played a leading role assisting with the debt funding aspects of the investment.
Capital Law worked closely with Edinburgh-based law firm Burness Paull LLP, led by partner David Davidson, alongside Olivia Gater, who advised Chiltern Capital on the Scottish Law aspects of the deal.
Ben Robinson, Director at Chiltern Capital, said
We are delighted to support Kerr’s Tyres on the next stage of its journey. It has been fantastic to collaborate with Gareth, Dan and Alex and the rest of the team at Capital Law again on what was an efficient process.
Gareth Williams-Davies, Partner at Capital Law, said:
It’s been a pleasure to work alongside the Kerr’s and Chiltern team on a landmark acquisition. It has been great to help with the early stages of implementing Kerr’s ambitious growth plans – we look forward to witnessing the next stage of the journey.
Gareth Williams-Davies
Partner
Corporate & Private Equity, Corporate Advisory, Growth & Venture Capital, Mergers & Acquisitions, Private Equity
Gareth is a Partner in our Corporate & Private Equity team. Gareth’s focus is on private equity, but he works on a broad range of corporate transactions.... Read More
