Risk Capital backs DWS Bodyworks
Risk Capital Partners acquired a majority stake UK motor vehicle repairing company, DWS Bodyworks. Financial details of the deal have not been disclosed.
The investment will be used to fund organic growth, though the company is also considering growth through add-on acquisitions.
DWS repairs passenger cars and light commercial vehicles for insurers from 15 body shops - servicing about 50,000 vehicles year. The company has revenues of about £48m, generated through a staff of over 500 people.
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