Alliance Automotive Group completes financing

Alliance Automotive Group, with the support of its shareholder Weinberg Capital Partners, has issued a private bond. The financing was arranged by Goldman Sachs and was syndicated to a small group of institutional investors. The seven-year bond with bullet repayment, provides the group with the financial flexibility to continue its long-term investment strategy and in particular enables it to apply its free cash flow to fund external growth.

PRESS RELEASE

On November 26 2013, Alliance Automotive Group, with the support of its shareholder Weinberg Capital Partners, issued a €185m private bond. The financing was arranged by Goldman Sachs and was syndicated to a small group of institutional investors.
The seven-year bond with bullet repayment, provides the Group with the financial flexibility to continue its long-term investment strategy and in particular enables it to apply its free cash flow to fund external growth.
Alliance Automotive Group has completed 22 acquisitions over the last 7 years, including 2 major transactions in France in 2013 with the result that revenues have increased from €540 million in 2006 to €1.2 billion in 2013.
The private bond will enable the Group to reinforce its leading position in the independent automotive aftermarket, both in France and in the United Kingdom, while ensureing its participation in the continued consolidation of a fragmented European market.
Advisors:
 Financial due diligence: Eight Advisory (Justin Welstead)
 Strategic due diligence: Roland Berger (Sébastien Amichi)
 Financing: Goldman Sachs (Vincent Catherine, Luke Gillam), Lazard (Nicolas Constant, Geoffroi de Saint Chamas)
 Lenders legal advisor: Shearman & Sterling (Arnaud Fromion)
 Group’s legal advisor: Linklaters (Alain Garnier, Kathryn Merryfield, Luis Roth, Edouard Chapellier)
About Alliance Automotive Group
Founded in 1989, Alliance Automotive Group is leader in the independent automotive aftermarket in France and the UK. The Group operates under the brands Groupauto France, Groupauto UK, Partners and, Précisium. Alliance Automotive Group is an integrated group with a buying organization and a wholesale distribution network which comprises controlled subsidiaries and independent members with a total of around 1,500 outlets. The Group has 3,500 employees and should reach a turnover of €1.2 billion in 2013.
Press Contact:
NewCap.
Nicolas Merigeau
Tel.: +33 (0)1 44 71 94 98
nmerigeau@newcap.fr