Web site: www.gmfmotorfactors.co.uk
Executive: Dave Birch
Why we invested
GMF Motor Factors is a well-established, family business. It
deals in wholesale auto parts for trade buyers and has a loyal
customer base. It expanded due to a strong business model.
Four members of the McNally family bought equal shares in GMF in
a management buy-out in 2002. In 2009, the company's two managing
directors approached Finance Wales with a plan to buy-out the
Finance Wales invested in the McNally brothers' buy-out.
GMF plans to grow by attracting new business at
a local and national level and has set ambitious but
achievable financial targets.
"Finance Wales' investment will enable us to continue providing
a good quality, competitive service." Ian McNally, managing
director, GMF Motor Factors.
"GMF was a good investment for Finance Wales. We're always
pleased to invest in succession deals
with growth potential." Dave Birch, investment executive, Finance