The Parts Alliance has won recognition for achieving the ‘Best UK Automotive Transactions in 2014’ in new business awards that look at mergers and acquisitions across the globe.
A panel of financial professionals and writers judged the Parts Alliance a winner in the Automobile and Parts sector, noting the group’s rapid growth and financial performance as well as other key strengths such as customer service, employee development and overall strategy.
The inaugural Sector Success Awards are run by the business website Deal Feed International.
Announcing the Parts Alliance’s win Mark Toon, the website’s editor, said: “The past 12 months have seen some outstanding cross-sector achievements by some of the corporate world’s leading players, including yourselves.
“From large corporations and top-tier management to smaller enterprises, all were subjected to the same rigorous judging process as we left no stone unturned in our search for the best of the best in their sector.
“Every one of our winners was highlighted to us by the many clients and customers they have helped. You can be rightly proud of your achievements.”
The Parts Alliance chief executive Peter Sephton said: “It’s always exciting when you receive an independent endorsement like this one. It’s a vote of confidence in the way we are taking the business forward and in each of our valued employees who have contributed to our success
“This year the Parts Alliance has been involved in five successful acquisitions and with the backing of our investor HgCapital we continue to be powered for growth.”