Anthony Denny founded AAA AUTO in 1992 and, until the recent sale to EP Equity Investment, was a member of the Supervisory Board of AURES Holdings and an indirect minority shareholder.
AURES Holdings has been operating in the secondary automotive market for over 33 years and employs approximately 3,000 people. The company operates a network of 70 branches, service centres, and offices across the Czech Republic, Slovakia, Poland, Hungary, and Germany under the brands AAA AUTO Plus, AAA AUTO, AAA AUTO Diskont, and Mototechna.
Michal Jašek, partner at Clifford Chance Prague Association, commented: “We are pleased to have supported Anthony Denny on this important transaction, which concludes a journey of more than 10 years that began with advising Mr Denny on the successful sale of AURES Holdings (formerly AAA AUTO) to Abris Capital Partners in 2015.”
The transaction team was led by partner Michal Jašek, supported by senior associate Nikola Svobodová, associate Matěj Pavlík and junior lawyers Natálie Kurková and Petr Ryšina. Alex Cook, partner in the Munich office of Clifford Chance, advised on the English law aspects of the transaction.