ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld


GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market


Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today's Transactions:
Group 1 Buys Brazilian Car Dealer for $47.4M

Automotive retailer UAB Motors also operates collision centers

Group 1 Automotive Inc. will acquire UAB Motors Participacoes SA, a large automotive retailer in Brazil, for $47.4 million in cash.

The deal also includes 1.45 million in Group 1 common stock and the assumption of $62 million in debt.

Once the deal closes, Group 1 will own 18 more car dealerships, including Toyota, Nissan, BMW, Renault, Peugeot, Land Rover and Jaguar dealerships. The dealerships generate about $650 million in annual revenue.

Sao Paulo, Brazil-based UAB also owns five collision centers.

Group 1, headquartered in Houston, owns and operates 121 car dealerships and 31 collision centers in the U.S. and U.K.

The deal is expected to close on Feb. 28.

Barclays acted as Group 1’s financial adviser, while Jones Day and Mattos Filho acted as the company’s legal counsel.


For more information on related topics, visit the following: