Strategic’s parts deal

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Sheffield city region dealmaker Strategic Corporate Finance has advised a Hertfordshire car parts company on the acquisition of a motor factors firm with operations in Devon and Cornwall.

Motor Parts Direct Has increased the number of people it employs to 650 and boosted its turnover to £50 million after the acquisition of Kevin Cooper Motor Factors and its 15 branches.

Strategic’s managing director Andrew Coates said: “The proactive and focused approach adopted by Motor Parts Direct has fuelled the success of its acquisition strategy. These deals would not have happened by waiting for opportunities to come along.”