The Corporate team at The Wilkes Partnership Solicitors, led by Corporate Partner Jeremy Parkin, has advised experienced franchise operator Andy Thompson on the acquisition of The Wheel Specialist in Nottingham.
The Wheel Specialist repair and refurbish alloy wheels for trade and consumer customers, encouraging its franchisees to invest in state of the art equipment to deliver high-quality results.
Mr Thompson already owns the Manchester franchise of the business and took the opportunity to expand his portfolio when the existing franchisee in Nottingham retired.
Mr Thompson also acts as Technical Director for the national business.
Jeremy Parkin, Corporate Partner, Said:
“We were recommended to The Wheel Specialist by a client and were delighted to act for Andy. This is a highly successful national franchise as demonstrated by Andy’s willingness to invest in a second operation.”
Speaking about his dealings with the team from Wilkes Andy Thompson said:
“Wilkes provided prompt, cost-effective advice with a clear focus on the key commercial issues. We were keen to move quickly to capitalise on this opportunity for growth and Jeremy and his team steered us through the complex legal process in an efficient and user-friendly way.”
Ginny Murphy, Managing Director of The Wheel Specialist Network said:
“We are delighted that Andy chose to invest in a second Wheel Specialist Franchise as this clearly demonstrates that with his drive and determination and the support, commitment and opportunity that we offer to each and every one of our franchisees this really is a great business to be part of.
The Wheel Specialist continues to expand nationally, with 23 branches currently operating and a further four due to open over the coming months.”
For more information on how the team at The Wilkes Partnership can help your business, please contact Jeremy Parkin on 0121 233 4333 or via email on [email protected]