Activate Group Expands with Acquisition of Motorcare Bodyshops
Deal News | Dec 16, 2024 | Elysian Capital LLP

Elysian Capital LLP has announced additional investment to support Activate Group Holdings Limited in acquiring two prominent Motorcare bodyshops located in Tunbridge Wells and Bristol. Activate Group, under its brands MRN and Sopp+Sopp, specializes in accident management services, serving insurance companies and fleet operators. With this acquisition, the group's bodyshop division, Activate Accident Repair, continues to grow its network of advanced repair centers, augmenting its service capacity for a growing clientele base. The transaction represents the group's inaugural acquisition of existing repair sites and symbolizes a new phase in its strategy to expand its in-house repair capacities in areas of high demand. The newly acquired sites will be rebranded under Activate Accident Repair and enhanced to meet client expectations. Hannah Wilcox, the CEO of Activate Group, emphasizes that this strategic acquisition is designed to better address the needs of fleet and insurer clients. Elysian Capital and Activate were advised by several firms, including Squire Patton Boggs for legal advice, Eight Advisory for tax, Aon for insurance, and CBRE for property matters.
Sectors
- Automotive Repair and Services
- Private Equity
- Insurance Services
Geography
- United Kingdom – The acquisition involves bodyshops located in Tunbridge Wells and Bristol, which are cities in the UK.
Industry
- Automotive Repair and Services – The article focuses on Activate Group's acquisition of two Motorcare bodyshops to enhance their accident repair services.
- Private Equity – Elysian Capital, a private equity firm, is investing in Activate Group to support strategic acquisitions.
- Insurance Services – Activate provides accident management services to insurance groups, indicating a connection to the insurance industry.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Elysian Capital LLP | Private Equity Firm | Company | Elysian Capital is the private equity firm providing additional investment for the acquisition. |
Activate Group Holdings Limited | Target Company | Company | A company providing accident management services, acquiring Motorcare bodyshops. |
Motorcare | Selling Company | Company | The company whose bodyshops are being acquired by Activate Group. |
Squire Patton Boggs | Legal Advisor | Company | Provided legal advice for the acquisition. |
Eight Advisory | Tax Advisor | Company | Provided tax advisory services for the transaction. |
Aon | Insurance Advisor | Company | Advised on insurance matters related to the acquisition. |
CBRE | Property Advisor | Company | Provided property advisory services for the acquisition. |
Hannah Wilcox | CEO | Person | CEO of Activate Group, commenting on the strategic nature of the acquisition. |