Shareholders have approved Pinewood Technologies Group PLC’s £545 million sale to San Francisco private equity firm Ridgeview Partners. The FTSE 250 firm is a Birmingham-headquartered tech provider to car dealerships and was formed out of the breakup of dealer group Pendragon. It is led by Florida-based Bill Berman (pictured). The acquisition remains subject to the … Continue reading FTSE 250 firm Pinewood to be sold for £545m