Global Vans
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Global Vans - overview
Established
2002
Location
Bristol, -, UK
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Bristol, UK, and founded in 2002 by its CEO Andrew Hurst and COO Jonathan Lewis, BL Autosource LLP trading as Global Vans, operates as a light commercial vehicle brokers provider. In March 2022, H2 Equity Partners invested a minority stake in BL Autosource LLP. As of May 2022, the company offers a choice of more than 10,000 brand vans. BL Autosource LLP provides leasing services for small, medium, large, crew, pickup, and chassis light commercial vehicles.
The company offers various van finance packages such as contract hire for both VAT-registered and non-VAT-registered companies which include road fund license, roadside rescue, maintenance, and relief vehicle provision; van finance lease that offers hirer to choose to pay the entire cost over the agreed lease period, plus an interest charge, or pay lower monthly rentals during the lease period with a final payment based on the anticipated resale value of the vehicle; hire/lease-purchase for VAT-registered companies that want eventual ownership of the vehicle. In addition, the company also offers parcel vans and fleet management services. The investment from March 2022 will accelerate the company's growth, particularly in the fleet and electric vehicles whilst building its core customer base and servicing it with customer service.
Current Investors
H2 Equity Partners
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Consumer Finance, Automobiles, Other Vehicles & Parts
Website
www.globalvans.co.uk
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Global Vans - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Fleet Alliance Limited | - | ||||||||
| Add-on | Completed | The lcv group | - | ||||||||
| Add-on | Completed | XLCR Vehicle Management Ltd | - | ||||||||
| Growth | Completed | Global Vans | - |
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