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Direct Valeting

directvaleting.co.uk

Stage

Loan | Alive

Total Raised

$6.22M

Last Raised

$6.22M | 3 yrs ago

About Direct Valeting

Direct Valeting provides professional automotive valeting services.

Headquarters Location

9 King Street

Staffordshire, England, ST5 1EH,

United Kingdom

01782 719999

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Latest Direct Valeting News

Pentagon founder Trevor Reeve becomes Direct Valeting chairman following MBO

Aug 16, 2021

Click the thumbs up > Former Pentagon chairman Trevor Reeve has joined the board of Direct Valeting as chairman following the business’ acquisition in a management buy-out (MBO). Led by managing director Jason Carpenter, acting alongside operations director Steve Brown, and finance director Lesley Murphy, the MBO saw the long-time leadership team claim ownership of the business from previous owner Alcentra Investment Management. Carpenter said: “I am delighted that we have completed the management buy-out, along with Steve and Lesley. “Due to the hard work of everybody within the team at Direct Valeting and having a great customer base, we can continue our growth during challenging times, and I am personally very proud and honoured to continue taking the company forward and look forward to further success.” Carpenter said that Reeve’s addition as chairman would bring a wealth of knowledge to Direct Valeting’s board, which would “benefit the company moving forward”. The Newcastle under Lyme headquartered automotive retail supplier already serves over 450 clients in the sector, including AM100 groups Lookers, Pendragon, Sytner, TrustFord, Perrys, Renault Retail Group, Pentagon and Listers. Carpenter added: “With Trevor joining the Board, I believe with his help and guidance that this will bring an enormous benefit and direction and I am looking forward to working closely with him.” Reeve started Pentagon with a Vauxhall franchise in 1991. The business went on to represent Peugeot, Seat, Mazda, Kia, Renault, Fiat, Alfa Romeo, Nissan, Mitsubishi and Jeep. The Motus Corporation, the vehicle division of Imperial Holdings SA, acquired the Derbyshire-based group for a sum reported to be R493-million (£28.5m). News and features editor

Direct Valeting Frequently Asked Questions (FAQ)

  • Where is Direct Valeting's headquarters?

    Direct Valeting's headquarters is located at 9 King Street, Staffordshire.

  • What is Direct Valeting's latest funding round?

    Direct Valeting's latest funding round is Loan.

  • How much did Direct Valeting raise?

    Direct Valeting raised a total of $6.22M.

  • Who are the investors of Direct Valeting?

    Investors of Direct Valeting include Caple.

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