Business activity and description
Headquartered in Vianen, the Netherlands, CARe is a leading chain of car accident repair centers in the Benelux focused on the business-to-business segment of the market. The company operates a network of 64 wholly-owned branches offering nationwide passenger car and small van accident repair services. With its professional service offering, CARe is a business partner to lease companies, insurance companies, fleet owners and dealers.
Deal Information
- Deal size:Undisclosed
- Deal type:SBO
- Turnover:€ 200 mln
- Bought from:NPM Capital
- Date of investment:February 2010
Investment rationale
The business-to-business segment of the car accident repair market is growing as lease and insurance companies are increasingly steering their accident repair flows to professional suppliers. CARe is ideally positioned to capitalise on this dynamic. Together with CARe’s highly experienced and dedicated management,
AAC Capital plans to continue to develop the business and pursue growth opportunities in the Benelux and beyond, both organically and through add-on acquisitions.
