Leasedrive Velo Ltd.
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Leasedrive Velo Ltd. - overview
Established
1988
Location
Wokingham, Berkshire, UK
Primary Industry
Transportation Services
About
Founded in 1988 and based in Wokingham, UK, Velo operates as a provider of vehicle and fleet rental and management services for its customers. In 2007, Velo and Leasedrive merged to form Leasedrive Velo Ltd.
Current Investors
Zenith
Primary Industry
Transportation Services
Sub Industries
Car Hire Services
Website
www.leasedrivevelo.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
Leasedrive Velo Ltd. - timeline of key events
Leasedrive Velo Ltd. - financials
| Fiscal Year Ended | May 01, 2008 | May 01, 2009 | May 01, 2010 | May 01, 2011 | May 01, 2012 | Dec 31, 2013 | Dec 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 62,000,000 | - | - | - | - | 127,360,000 | - | 183,526,000 | 144,851,000 | 141,206,000 | 132,102,000 | 110,041,000 | 107,399,000 | 85,486,000 | 75,195,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | (2.5%) | (6.4%) | (16.7%) | (2.4%) | (20.4%) | (12.0%) | - | - | - |
| EBITDA (USD) | - | - | - | - | - | 57,212,000 | - | 50,101,000 | 48,595,000 | 39,730,000 | 25,822,000 | 23,124,000 | 26,593,000 | 24,530,000 | 19,951,000 | - | - | - |
| Operating Income (USD) | - | - | - | - | - | 10,782,000 | - | 10,114,000 | 19,588,000 | 20,941,000 | 15,727,000 | 17,514,000 | 22,026,000 | 20,467,000 | 17,059,000 | - | - | - |
| Operating Margin | - | - | - | - | - | 8.5% | - | 5.5% | 13.5% | 14.8% | 11.9% | 15.9% | 20.5% | 23.9% | 22.7% | - | - | - |
| % EBITDA Margin | - | - | - | - | - | 44.9% | - | 27.3% | 33.5% | 28.1% | 19.5% | 21.0% | 24.8% | 28.7% | 26.5% | - | - | - |
| NET Income (USD) | - | - | - | - | - | 8,807,000 | - | 8,001,000 | 16,844,000 | 22,427,000 | 14,877,000 | 16,985,000 | 24,257,000 | 24,321,000 | 21,600,000 | - | - | - |
| % Net Margin | - | - | - | - | - | 6.9% | - | 4.4% | 11.6% | 15.9% | 11.3% | 15.4% | 22.6% | 28.5% | 28.7% | - | - | - |
Leasedrive Velo Ltd. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Zenith | - | ||||||||
| Merger | Completed | Leasedrive Velo Ltd., Zenith Vehicle Contracts Limited | - | ||||||||
| Secondary Buyout | Completed | Leasedrive Velo Ltd. | - | ||||||||
| Secondary Buyout | Completed | Leasedrive Velo Ltd. | - | ||||||||
| Buyout | Completed | Leasedrive Velo Ltd. | - |
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Leasedrive Velo Ltd. - employee data
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