BCH Vehicle Management

A vehicle contract and leasing company

BCH VM.jpg

In 1995 Montagu led and arranged a £140 million (€225 million) financing for the management buyout of Bryan Contract Hire ('BCH').

BCH was founded in 1958 as a vehicle contract hire and leasing company. Associated products and services included contract purchase, economy contracts, fleet management and personal leasing. Corporate and personal products are supported by a range of services including accident management, short term car rental and fuel cards. The company has a fleet of approximately 8,500 vehicles.

In 1997, following a competitive tendering process, BCH appointed HSBC Investment Bank to arrange for the successful listing of its shares on the London Stock Exchange.

Montagu seeks the best quotes for every aspect of advice required on a transaction. In this case it was able to introduce the resources of the HSBC Group to provide a broad range of financial services to the investee company.

Deal details

Deal type: Management Buyout Investment Year: 1995 Country: United Kingdom Status: Realised Value: £140 million Industry Sector: Business Services