Bonhams sold to private equity firm Epiris
Classic and collector car auctioneers Bonhams, responsible for flagship auctions at Goodwood, Monterey and Monaco has been sold to private equity firm Epiris
World leading auctioneers Bonhams, who handle prestigious collector car auctions at Goodwood, Monterey Car Week and Amelia Island among others has been sold to private equity group Epiris, for an undisclosed fee.
Espiris had made three previous investments in Bonhams, their latest round of buys making them outright owners.
Bonhams auction highlights on AutoClassics...
- Top 10 most expensive cars sold at auction
- LaFerrari Aperta leads Bonhams Goodwood Revival sale line-up
- Auction lots on AutoClassics
The company is led by chief executive officer Matthew Girling and chief financial officer Jonathan Fairhurst, as well as incoming executive chairman Bruno Vinciguerram, who was chief operating officer at rival auctioneer Sotheby's for eight years.
Bonhams' change of ownership is not a surprising move, as the business' sale was long on the roadmap for its chairman Robert Brooks.
'We've always had the intention one day to pass on the business to a new owner who shares our long-term vision for Bonhams. We would like to express our gratitude to Matthew Girling and the team, who have helped us transform the business into a truly global platform. I am immensely proud of what we have achieved at Bonhams and look forward to seeing the business continue to thrive under its new owners.'
Bonhams' portfolio of classic car auctions spans worldwide. It hosts sales at all three of Goodwood's crown jewel events – the Festival of Speed, Revival and Members' Meeting respectively – along with auctions during the Monterey Car Week and Amelia Island concours events, Rétromobile in Paris and prior to the Monaco Grand Prix.
'We are delighted to have found a buyer that recognises the potential offered by this business and its employees. Bonhams is one of the world’s oldest auctioneers – and one of the most ambitious,' said Girling.
'During the past 20 years we have pursued a growth strategy that has turned the company into a truly global organisation. The value of Bonhams rests with its people, their skills, their extraordinary expertise and their strong networks across the world.
'Epiris has a demonstrable and successful track record in investment in growing brands and we believe that together we can continue to expand the business whilst still offering the highest possible level of service wherever we operate.'
Classic Cars for Sale
This matching numbers, 1971 Mercedes 280SL pagoda is in very good condition overall. Not concourse but what we like to call a nice solid driver. Body and undercarriage are absolutely rust free. The 2.8 litre engine performs to its full potential and the automatic gearbox shifts perfectly. This pagoda has nice paint and all chrome trim is in good condition. The soft top was renewed recently.
Now available in our Philly location is a 1967 Mustang GT Tribute. This is an original 390 V8 car originally produced with 4-speed manual transmission Automatic Convertible Top. The original engine was completely rebuilt at that time with new pistons, rings, cam, timing chain set etc. a new interior was done including seats, carpet and interior panel paint the original wood steering wheel remain
1968 Ford Mustang Eleanor GT 500 427 CID V8 5-Speed Manual. Equipped with Ford’s strongest in its time, the 427 FE Side Oiler. The dash features Shelby’s signature for a feeling of authenticity, which compliments modern upgrades on this stunning feat of engineering. Pumping out 600 bhp and over 500 ft/lb of torque, transmitting torque through a 5-speed Tremec TKO manual transmission to a stron
1967 Jaguar E-Type Series 1 Roadster with excellent solid original factory metal, numbers-matching 4.2 liter tri carb engine, numbers-matching transmission. Heritage Certificate included. Engine runs evenly on all cylinders. Superb for restoration.Engine runs evenly on all cylinders. brakes and other systems should be checked over prior to driving any distance.Please study the pictures careful