Aurelius acquires AutoRestore

The company traded as Autoglass BodyRepair under its previous owner.

The GP said in a statement that the acquisition will complement several of its existing portfolio companies, including commercial vehicle fleet management businesses Rivus Fleet Solutions and Pullman Fleet Services.

Aurelius intends to support the company operationally through the carve-out and will also support the integration of AutoRestore with the aforementioned fleet management companies. However, the business will operate as an independent entity.

Company
AutoRestore provides mobile car-body repair services via a virtual garage network. The company was founded in 1989 and is headquartered in Rushden. According to its latest publicly available accounts, the company generated revenues of approximately £16.17m in both 2018 and 2019.

People
Aurelius – Matthias Täubl (CEO); Tristan Nagler (managing director).

Advisers
Equity – DWF (legal); Mazars (financial due diligence).

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• Topics
• Buyouts
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