Corporate team advises on sale of Motion Finance to Evolution Funding Group

Taylor Rose is pleased to announce its successful advisory role in the acquisition of Motion Finance, a Warrington-based motor finance broker, by Evolution Funding Group Limited ('Evolution').

Taylor Rose’s Corporate team based in Warrington have played a crucial role in advising the sellers on this deal which ’provides Motion Finance with the opportunity to enhance its existing offering, unlocking new avenues for growth for the company to increase its market share.

Motion Finance, a finance sourcing provider for small-to-medium-sized used car dealerships across the UK, will retain its own brand identity and continue operating under its existing management team following the acquisition.

Taylor Rose Corporate team in Warrington, led by Margaret Evans, Partner and supported by John King, Partner, provided valuable legal advice and guidance throughout the sale process. The team ensured a smooth journey for the sellers, navigating through due diligence and negotiations to deliver the positive result for the client.

Margaret said: "It has been a pleasure to provide legal advice and guidance to the majority shareholder of Motion Finance on this sale. The sale process can seem daunting for sellers, and our priority was to lead them seamlessly through due diligence and negotiations, enabling them to focus on the day-to-day running of the business. This transaction opens up exciting opportunities for both Motion Finance and Evolution, allowing Motion Finance to continue its growth trajectory."

The deal, which completed on 31st May 2023, represents a significant milestone for both companies in their pursuit of growth and market leadership as the integration of the two companies leverages their respective strengths and expertise and expanded customer base.

Taylor Rose extends its congratulations to Motion Finance and Evolution on the successful deal.

Please contact Margaret Evans on 01925 256622 or by filling in the contact form below..

For any media enquiries, please contact: taylorrose@secnewgate.co.uk