FRP Corporate Finance was pleased to advise The Vella Group on its acquisition of RGM Vehicle Body Repairs.
The deal sees The Vella Group, one of the UK’s leading vehicle accident repair providers, expand its footprint into Wales and deepen its specialisms, enhancing its service to customers seeking vehicle repairs following accidents.
Family-owned accident repair specialist, RGM Vehicle Body Repairs has been serving motorists across South Wales for more than 50 years. The business was originally founded by Robert Morgan and is now led by Paul Morgan.
As part of the transaction, Paul will remain with the business on a consultancy basis to help ensure a smooth transition for its 40 colleagues, its customers and partners.
FRP’s Corporate Finance team advised on offer structure, project managed due diligence workstreams and led negotiations on equity price adjustments. This marks the fifth deal on which they have advised The Vella Group.