Automotive firm acquires vehicle diagnostic business
A team from Ashtons Legal has assisted automotive firm A1 ADAS Group in their acquisition of calibration and vehicle diagnostic business Autocalibration.
Established in 2022, Autocalibration offers on-site ADAS (Advanced Driver Assistance Systems) calibration services to both the motor trade and retail customers, aiming to enhance vehicle safety by ensuring systems like lane assist and automatic braking function correctly. A1 ADAS Group are a unique business; the only automotive company in the UK to provide ADAS and diagnostic services alongside tool and equipment distribution.
The purchase was led by partner David Sloman alongside assistance from Jessica Piper in Employment, and Jasmine Allen and James Brighton from the Corporate and Commercial team.
As part of the deal, Autocalibration will retain its company name and brand and will sit alongside the A1 ADAS Group’s existing subsidiary companies, which include A1 ADAS Solutions and A1 Remote Diagnostics. Autocalibration’s staff, including founder Gavin Jenks, will remain in the business.
David said: “I thoroughly enjoyed working with the team at A1 ADAS Group and securing this successful acquisition with them. As with any transaction of this nature, it was a true team effort to keep all the moving parts aligned. We wish Iain and the teams at A1 ADAS and Autocalibration all the best in their future endeavours.”
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The Business Client Group at Ashtons Legal assist and advise a large number of businesses of all sizes and across all industries, with a particular focus on privately owned businesses.
If you need legal assistance regarding the sale or acquisition of a business, please contact our Corporate and Commercial team using our online enquiry form or by calling 0330 191 4835. We will be happy to assist you with your enquiry.
Tags: A1 ADAS Group, Acquisition, Autocalibration, Business, Business Acquisition, Business Sale, Corporate, Employment, Lawyers, Norfolk, Solicitors
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