Car manufacturers and the iPhone generation

548 More

Earning the right to be successful

535 More

Knowledge is power

609 More

Selling cars – it’s all about timing

853 More

Truemag

  • Home
  • About
  • Advertise
  • Archives
  • Contact
  • Subscribe

Private equity groups compete for BCA

BCA, Britain and Europe’s largest vehicle auction group, has attracted bids from a clutch of private equity groups that are expected to submit final offers next month.

The bids are expected to value the company at up to £500 million. Bridgepoint, Cinven, BC Partners and Clayton Dubilier & Rice are all expected to reach the second round of bidding for BCA.

The Financial Times speculated that CD&R may have an edge in the auction as it already owns Hertz, the car rental group, which uses BCA to sell its older vehicles when it renews its fleet.

BCA was bought by private equity group Montagu for £450m in 2006. Montagu split the operating company of BCA from its property arm, which is valued at about £250m and is not expected to be sold.

Source: Financial Times

Nov 12, 2009MTI
  • Guardian Media Group and private equity firm Apax consider Auto Trader sale
  • Car Auctions
  • BCA could soon be up for sale
  • 3 bidders for Saab
  • Why are private buyers flocking to the auction?
  • Used car buyers favouring private sales
  • Motor Trade Insider Franchised Main Dealer Survey 2009Government gives long-term support for the UK motor industry
    MTI
    11 years ago Auctions, Newsmontagu private equity bca79
    Most viewed
    Top 100 UK Dealer Groups
    38,747 views
    The car sales process and the “9 point plan”
    10,823 views
    webuyanycar review – They will buy any car but beware of the asterisk
    5,499 views
    Most commented
    Car sales and the power of silence…
    25 Comments
    Car dealers still not prepared to play the “we buy any car” game
    23 Comments
    A Traders Tale – Part Four
    22 Comments
    Win a pre-loaded Ipod Shuffle!
    19 Comments
    Bargain of the Week – StreetKa 1.6i Luxury
    14 Comments
    Bridal Hair Berkshire
    Fox Body to 2018 Mustang Parts
    and Accessories
    About MTI

    Motor Trade Insider
    is written by people working actively in the motor trade for people on the inside and people on the outside.

    Our aims
    Build a bridge between consumers and the trade, create Interesting and informative content, break down barriers and create better understanding, expose bad practices and rip-offs and promote outstanding products and service.
    Have something to say?
    We are always looking for experienced writers who can write good original quality posts on motor-trade-insider.com. Please contact us if you would like us to consider you. Make sure you give us details of your own blog or a link to some articles you have written.
    2017 © Motor Trade Insider
    Truemag theme by StrictThemes