Endeavour Automotive Ltd is today (2nd August) celebrating its fifth year of operation following a rapid succession of dealership acquisitions since the company launched in 2012.
Set up by John Caney, former managing director of the Wayside Group, on 2nd August 2012 Endeavour Automotive now operates 10 Volvo and Hyundai dealerships across London, Buckinghamshire, Hertfordshire and Essex with turnover placing it in the top 100 dealer groups in the UK.
Having formed five years ago, starting with Hyundai North London, Endeavour has since grown from strength-to-strength, adding three new Hyundai dealership to its portfolio in 2013 (Hyundai Watford) and in 2015 with the acquisition of Haddocks Hyundai’s Frinton and Colchester sites.
In 2014, Endeavour made a significant investment and added a new franchise to its name, by purchasing the entire share capital of Regent Automotive, acquiring six Volvo dealerships located in and around London to the business.
“Within just five years, Endeavour Automotive’s acquisitions have built us into one of the 100 largest motor groups in the UK, a very encouraging position having only started the business in 2012”, comments John Caney, managing director of Endeavour Automotive.
Five years on, Endeavour has come back full circle as the group is relocating its original North London Hyundai site to a brand-new flagship two-storey showroom in New Southgate set to open in Q4 2017.
“Looking ahead to the future, we’ll continue to deliver our strategic plan of growing a regional group with a balance of manufacturer representation. We’ll aim to develop our current businesses and the market opportunities they represent by working with our franchise partners - starting with our new Hyundai premises in New Southgate,” adds Caney.
“I’d like to personally thank all of our customers and colleague members, old and new, who have made it possible for Endeavour Automotive to take on this journey so far. The future is an exciting one for vehicle retailing, and we look forward to seeing what the next five years will present.”