The deal
A North East commercial valeting business has been acquired by LPW Group, a vehicle cleaning specialist.
Pureclean Car Care, established in 2008 by Paul Lley, specialises in providing valeting and commercial cleaning services to a variety of clients, including dealerships and blue-chip brands including Vertu, Lookers and Sytner.
LPW Group will add the company to its growing portfolio, which includes, LPW Tankwash, LPW Truckwash, Mobile Fleetwash, LPW Fleetcare, LPW Fleetsales, Carlyle Limited and Wilson Contract Services.
Our Corporate Finance team led by Partner Abu Ali worked alongside Paul to identify vehicle cleaning specialist, LPW Group, as a potential acquirer and supported the deal to a successful conclusion.
Paul Lley, Founder of Pureclean Car Care, said: “The team are very focused and experts in delivering – they delivered a top-class service. The team deserve a gold medal for their focus, passion and inspiration.”
Deal summary
Date:
July 2021
Sector:
Automotive
Deal type:
Selling a business
Deal size:
Undisclosed