Gordons advises Turners Accident Repair shareholders on private equity investment

Gordons has advised the shareholders of third-generation family business Turners Accident Repair on its investment from an affiliate of private equity firm Sun European Partners.

The Selby-headquartered automotive repair group, which has multiple sites across the north of England, has become the preferred partner for a number of insurers.

Turners Accident Repair was founded in 1969 and has expanded under the leadership of Stuart, Susan and Thomas Turner.

Corporate partners Duncan Firman and Amy Pierechod and corporate solicitors Andrew Moore and Daniel Callaghan, advised the shareholders on the transaction. Commercial property solicitors Jennifer Stead and Jonathan Wu and employment solicitor Mike Patterson also provided support.  The Gordons team worked closely with Translink Corporate Finance and BHP, who provided corporate finance and tax advice, respectively, to the sellers.

The transaction is part of Sun’s buy-and-build investment in the collision repair sector, expanding its geographic footprint and unlocking new growth opportunities.

Turners Accident Repair managing director, Thomas Turner, said: “We’re incredibly proud of what we’ve built at Turners over the years, and I want to thank our dedicated team, loyal customers, and valued partners for their continued support.

“Joining forces with Sun marks an exciting new chapter for our business. Their strategic vision and future plans align closely with our own values, and we’re confident this partnership will accelerate our growth and strengthen our position in the market.

“We look forward to continuing to deliver outstanding service and innovation in partnership with Sun.”

Gordons’ Duncan Firman commented: “Turners has an impressive reputation in the accident repair sector which has been built over many years.  The investment by Sun provides the group with the platform for further expansion as part of its next phase of growth.

“It was a privilege for us to work closely with the shareholders, Translink and BHP throughout the process.  The transaction demonstrates our strong M&A track record in supporting large regional family businesses.”

For further information on the Gordons corporate and M&A team, click here.