Investment set to accelerate WhoCanFixMyCar.com growth

Active Private Equity and Sir Trevor Chinn invest in leading digital marketplace

Investment set to accelerate WhoCanFixMyCar.com growth
WhoCanFixMyCar.com cofounders Alistair Preston and Ian Griffiths.

Active Private Equity, a growth capital firm specialising in consumer brands and services, today announces it is investing in WhoCanFixMyCar.com, the UK’s leading digital marketplace for car servicing and repairs.

The investment will accelerate growth and allow the business to develop and expand its range of services to UK drivers and garages.

Alistair Preston, co-founder of WhoCanFixMyCar.com said: “We are delighted to be partnering with such a strong investment team made up of proven entrepreneurs. This investment will allow us to consolidate our market-leading position and focus on growing our core audience on both sides of the marketplace.”

The platform, which has grown tenfold in the past 18 months, does for car servicing and repairs what other well-known online platforms have done in insurance, holidays and used car sales.

Over 118,000 customers have now used WhoCanFixMyCar.com, choosing from a growing list of over 6,600 garages nationwide.

Spencer Skinner, from Active Private Equity, who will join the Board, said: “We think there’s a great deal that this innovative company can bring to the automotive market – which has seen relatively little digital innovation outside of car sales – and we’re delighted to be making this investment.”

Active, founded by entrepreneur-investors Gavyn Davies, Spencer Skinner and Nick Evans, has a strong track record of investing in the consumer, leisure and retail space.

Last year they raised a new fund backed by a small team of long-term committed partners including Sir Charles Dunstone, founder of Carphone Warehouse and Chairman of Talk-Talk.

Also investing in the team is industry veteran Sir Trevor Chinn, former Chairman of the AA, Kwik-Fit and the RAC, and currently Senior Advisor to CVC Capital Partners.

Attracting business for garages

Through WhoCanFixMyCar.com, drivers specify a service or repair on their vehicle and receive detailed estimates for the work required from locally-registered garages.

The user can then select a garage based on location, price, availability or feedback from previous customers.

WhoCanFixMyCar.com also provides garages with incremental business, via an efficient no-win-no-fee marketing channel.

The top five registered garages have, between them, won over 1,000 new customers via the platform.

Top performers, such as Automotive Components Specialist in Enfield, have brought in over £250,000 in incremental revenue.

Select ‘More Details’ below to sign up to WhoCanFixMyCar.com today.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>


The reCAPTCHA verification period has expired. Please reload the page.

Have your say!

0 0

Lost Password

Please enter your username or email address. You will receive a link to create a new password via email.