Europe’s leading provider of used vehicle remarketing services
A leading European vehicle remarketing business.
BCA provides physical and online auctions, logistics and vehicle preparation services to assist trade sellers (e.g. fleets, leasing companies network dealers) to sell used vehicles to buyers (typically small dealers).
000
Vehicles sold annually
00
Countries
0
Add-on acquisitions
A Montagu business
- Plays a critical role as the central marketplace enabling the efficient functioning of the used vehicle market in the UK and other geographies
- Its scale, infrastructure and strong customer relationships create high barriers to entry
- Experienced management team keen to lead a buyout from private ownership
Reaching Full Potential through profit growth
BCA grew rapidly under Montagu’s ownership, (despite the global financial crisis). We supported the team:
- increase sales and profits by more than 30%. This was helped by a significant investment programme into new sites, which drove growth in continental Europe
- undertake technology development including helping launch online auctions
- complete two add-on acquisitions, which expanded the offering with new adjacent services for customers
We sold BCA in two parts: the OpCo in 2010 to US private equity fund CD&R and the UK PropCo was sold subsequently in 2013 to M&G Investments.