Simpson Thacher advised Oakley Capital in its investment in Steer Automotive Group, the UK’s leading B2B automotive services platform.
Founded in 2018 by entrepreneur Richard Steer, Steer Automotive is the UK’s largest and fastest-growing independent collision repair group, driving growth with more than 20 acquisitions and fuelling the expansion of its network of over 100 repair centres. The group facilitates repairs through its core passenger car and prestige repair centres, luxury brand centres and commercial vehicle locations.
The Simpson Thacher team includes James R. Howe, Chris Vallance, Alex Ward, Lloyd Wood, Beanka Chiang, Oliver Heighton and Ella Hammond (Corporate); Robert Lee, Dzeneta Masteiko and Christine MacVicar (Funds); Caleb McConnell, Phoebe Adams and Sefia Jivraj (Tax); and Étienne Renaudeau and Sarah Chaudhuri (Antitrust).