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Business Services

Buy-out

Rapid Repair Network

The Business

Rapid Repair Network is a leading provider of same-day accident repairs. Since foundation in 2018, the Business has successfully grown its customer base and service capabilities and, upon investment, was delivering more than 10,000 same-day repairs per year to accident management companies, fleets and insurers and providing 100% mainland UK coverage.

The Deal

The deal facilitates the exit of non-executive shareholders and Chiltern will actively support the highly experienced management team led by Rob Hawes (Managing Director), to deliver the ambitious growth plan. As part of the transaction, Chiltern has strengthened the management team with the introduction of a chair and CFO.

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The Plan

Rapid Repair Network operates in a market with strong market tailing where it offers a differentiated service. Chiltern’s investment will enable it to accelerate its growth, through ongoing investment in business development, best-in-class supporting infrastructure and the continued investment in the fleet of vans.