Rockworth is delighted to have acted as the lead advisor to the vendors in the successful sale of a majority stake in the Morgan Motor Company to Investindustrial.
Founded in 1909, Morgan had been held under family ownership up until today’s transaction. Lawrence Price and other members of the Rockworth team began working with the board at Morgan in 2013, assisting with strategic decisions and improving operational and financial processes. We also helped family shareholders address the various questions relating to governance, capital requirements for the future success of the business and whether or not the company should accept outside investment.
Following exploratory conversations with Investindustrial, the transaction was completed in the planned time-frame and was announced at the 2019 Geneva Motor Show. Investindustrial provide the perfect partner for shareholders, management and the company as a whole with a deal that offers capital, a shared ownership with the family and management, and many strategic benefits from Investindustrial’s aligned experience with companies including Tom Walkinshaw Racing, Ducati, and Aston Martin Lagonda.