ADLV Law acts for Solitaire Automotive Group in sale to Autosports Group Limited

ADLV Law acts for Solitaire Automotive Group in sale to Autosports Group

We are proud to have advised the shareholders of Solitaire Automotive Group on its acquisition by Autosports Group Limited (ASX: ASG) for approximately $50M. Solitaire Automotive Group are a household name in the South Australian luxury automotive industry, operating 15 dealerships across the Adelaide metro area which generate an estimated $300M annual revenue, their acquisition marks a new era in the SA automotive market.  

Solitaire Automotive represents exactly the kind of client we are privileged to serve, a family-built business grown over 50 years of personal dedication, determination, and an uncompromising commitment to quality. Transactions like this mean more than just negotiating and documenting a deal; they mark the culmination of generations of hard work and set the foundation for their legacy going forward. 

Our team worked closely with the Solitaire Group shareholders to ensure their interests were protected at every stage of the process so they could approach this milestone with confidence and clarity.  

We congratulate both parties on a successful transaction and wish them all the best in their future endeavours. 

If you are considering a business sale, acquisition, or succession transaction, our experienced commercial team is here to guide you through every stage of the process.

Call us on 1300 654 590 or email us to discuss how we can help you achieve the best outcome for your business and your legacy.

 

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