Revive!

Revive is the UK's largest mobile SMART auto repair network, bringing faster, more convenient and lower-cost repairs to customers' homes and workplaces

Investment highlights

The Business

Revive is the UK’s largest mobile SMART auto repair network, headquartered in Rugby. Operating primarily through franchise partners, complemented by company-owned operations, the business has an asset-light and highly scalable model serving insurers, dealerships, fleet operators and retail consumers. SMART repairs offer a faster, more convenient and lower-cost alternative to traditional bodyshop repairs, completed at the customer’s home or workplace.

The Deal

Mobeus invested £16.3m for a majority stake in Revive, partnering with Founder and CEO Mark Llewellyn and the incumbent management team. Mobeus introduced Haydn Mursell, former Chief Executive of Kier Group, as Non-Executive Chair. The investment builds on Mobeus’s automotive services experience with ABL 1Touch and EMaC.

The Plan

As insurers, fleet operators and consumers increasingly prioritise convenience, speed and cost efficiency, Revive is well positioned to benefit from attractive long-term structural growth in the automotive aftercare market. With Mobeus’s support, the business will continue investing in its people, technology platform and commercial capability. Growth will be driven by expanding the franchise network, strengthening relationships with national accounts and entering adjacent market opportunities, building on Revive’s outstanding reputation for customer service.

Key facts

Investment size

£16.3m

Sector

B2B services

Fund

Mobeus 2

Deal type

Management buyout

“Mobeus has a huge amount of experience investing in the automotive market and has already played an important role in shaping Revive’s strategy for the coming years. As a founder, it is always a significant decision to bring a private equity partner into your business, but the way the Mobeus team has engaged from the outset has given me tremendous confidence. I can’t wait to get started on the next chapter of Revive’s growth.”
Mark Llewellyn
Co-Founder and CEO

The team

If you’re facing a similiar challenge, why not contact one of the team behind this investment