Mills & Reeve advises on $120m automotive deal
Founded by Professor Gordon Murray, Gordon Murray Automotive (GMA) is celebrated for its ultra-exclusive supercars including the T.50, T.50s Niki Lauda, T.33, and T.33 Spider.
Halo Cars Group’s investment represents a defining milestone for GMA and its Special Vehicles division, which works with visionary customers to create unique, ultra-low-volume vehicles that capitalise on the design, engineering, and expertise of the Gordon Murray Group.
This discreet circle includes leading global collectors and enthusiasts seeking ultra-rare, bespoke models. The funding will further accelerate GMA’s product roadmap, support new research and development programmes, and support delivery of sold-out models such as the S1 LM, Le Mans GTR, T.50s Niki Lauda and the T.33 range.
This investment follows the record-breaking sale of Gordon Murray’s S1 LM at RM Sotheby’s Las Vegas auction in November, achieving $20.63m – the highest non-charity auction price ever for a new car.
The Mills & Reeve team was led by principal associate Christina O’Brien and corporate partner Stephen Hamilton, who worked closely alongside other members of the team including James Lapham, Tom Causer, James Foster, Peter McLintock, Maria George, Rob Biddlecombe, Sushila Pindoria, Sophia Bell, Milly Larner, Federico Baglioni and Jessica Mason. The deal is a further example of Mills & Reeve’s strength in the automotive and technology sectors.
Christina O’Brien said: “We’re delighted to have advised on this landmark investment for Gordon Murray Automotive. This gives GMA the capital it needs to accelerate and strengthen its operations without compromising the exclusivity that defines the brand. It’s been a privilege to work alongside the GMA team on such a significant transaction.”
Darren Jukes, Interim CEO at Gordon Murray Automotive said: “Gordon Murray Automotive has always been an exceptionally exclusive family, reflected in both our team and visionary customers who share our passion.
“I am confident that the founders of Halo Cars Group are the right partners to uphold GMA’s core principles and will support Gordon’s legacy moving forward. I am grateful to Mills & Reeve for their invaluable support throughout this transaction and to their team of specialists who worked tirelessly alongside us.”