Value: $104 million.

Area: M&A.

Key players: The team was led by partner Tom Story with assistance from senior associate James Nguyen and associate Charlie George. Also supporting the team was partners Annabelle Aland and Sikeli Ratu.

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Deal significance: The $104 million deal is expected to be completed in early December, marking Peter Warren’s entry into the Victorian market and increasing its number of locations to 82.

Mr Story commented: “We congratulate Penfold Motor Group on this transaction, which is a testament to the strength and rich history of the Penfold business.”