Company profile
RAC Limited (RAC Group)
Roadside assistance; Motor insurance; Vehicle inspections; Mobility/vehicle services · Private equity ownership / PE buyouts
RAC Limited (trading as the RAC) is a British automotive services company that provides roadside assistance, motor-related insurance, vehicle checks and other consumer and business motoring services. The company is headquartered in Walsall, England and operates nationally in the UK. RAC Group is privately owned by investment vehicles associated with private equity and sovereign investors and is not publicly traded.
Stage
Private equity ownership / PE buyouts
Total Raised
$1.5B
Founded
1897
Employees
~4420
Valuation
Undisclosed
HQ
Walsall, United Kingdom
Funding Rounds
Recorded financings and participating investors compiled from public announcements and company disclosures.
- Apr 1999Sale of RAC Motoring Services to Lex Service (demutualisation)Lex Service$437.0MRaisedApr 1999Sale of RAC Motoring Services to Lex Service (demutualisation)Lex Service$437.0MRaised
- Date not publicAcquisition by Aviva plcAviva plc$1.1BRaisedDate not publicAcquisition by Aviva plcAviva plc$1.1BRaised
- Jun 2011Acquisition by The Carlyle GroupThe Carlyle Group$0RaisedJun 2011Acquisition by The Carlyle GroupThe Carlyle Group$0Raised
Team
Team
DH
David (Dave) Hobday
Chief Executive Officer
RT
Rob Templeman
Chairman
JB
Jo Baker
Chief Financial Officer
Sentiment Trend
Sentiment Trend
Bearish trend · 0.28 avg over 2 days
