Supercar Owners Circle Sells to duPont Registry Group
Deal News | Feb 06, 2025 | Legal Community Swiss
Zurich-based law firm Advestra has advised the founders of the Supercar Owners Circle, a global network for elite supercar collectors, on a transaction involving its sale to the duPont Registry Group. The duPont Registry, initially launched as a luxury lifestyle magazine and now a high-end digital marketplace for automobiles, has announced the acquisition and plans to work with the SOC founders on future endeavors. Founded in 1984 and headquartered in Miami, the duPont Registry's expertise in luxury markets aligns with SOC's network of affluent car enthusiasts. Advestra's team was led by a lead partner and supported by associates on both corporate/M&A and taxation aspects of the deal. This strategic acquisition reflects the ongoing trend of consolidations and partnerships in the luxury automotive sector.
Sectors
- Luxury Automotive
- Legal Services
Geography
- Switzerland – The Supercar Owners Circle is founded in Switzerland, and Advestra, the advising law firm, is based in Zurich, Switzerland.
- United States – The duPont Registry Group, the acquirer in the transaction, is headquartered in Miami, Florida.
Industry
- Luxury Automotive – The transaction revolves around the Supercar Owners Circle and duPont Registry, both of which are heavily involved in the high-end automotive and luxury market.
- Legal Services – Advestra, a law firm, provided legal advisory services in the M&A transaction, highlighting the role of legal services in corporate deals.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Supercar Owners Circle | Target Company | Company | A Swiss-based network for elite supercar collectors, organizing exclusive events globally. |
| duPont Registry Group | Bidding Company | Company | A Miami-based high-end automobile digital marketplace and luxury lifestyle brand founded in 1984. |
| Advestra | Legal Advisor | Company | A Zurich-based law firm advising on corporate, M&A, and taxation aspects of the transaction. |
| Partner (unnamed) | M&A Lead | Person | Led the Advestra team handling the corporate/M&A aspects of the transaction. |
| Beau Visser | Corporate/M&A Associate | Person | Associate at Advestra working on the corporate/M&A aspects of the transaction. |
| Laurent Riedweg | Tax Partner | Person | Handled taxation aspects of the operation for Advestra. |
| Jan Seltmann | Tax Associate | Person | Associate at Advestra assisting in taxation aspects of the operation. |