Rapid Repair Network funding
We are delighted to have supported Chiltern with their investment in Rapid Repair Network Ltd (RRN), a market leading provider of same day vehicle repairs.
Rapid Repair Network has successfully grown its customer base and service capabilities and now delivers more than 10,000 same-day repairs per year to leading accident management companies, fleets and insurers and has 100% UK mainland coverage.
Chiltern will play an active role in supporting Rob Hawes (Managing Director) and the experienced Management team to drive further growth of the business.
Rob Hawes, Founder and Managing Director of Rapid Repair Network: "At such an exciting time for Rapid Repair Network and as a business looking to build on our momentum, it was pivotal that we found not just an investor, but a partner. From the outset Chiltern stood out as the company that we wanted to partner with to drive the business forward."
The investment and partnership with Chiltern will drive growth for the business, with plans to add to the existing fleet and expand its partnership network to serve a growing customer base.
It was great to work with Neil and the wider team at ThinCats on this transaction, they continue to be a valuable funding partner in supporting ambitious and growing businessesBen Robinson, Investment Manager, Chiltern Capital
“We are delighted to partner with Rob and the wider team, who have developed Rapid Repair Network into a market leader in same-day repairs. From our investment experience in Steer Automotive, we have a strong understanding of the market and how Rapid Repair Network is well positioned to capitalise on this. We look forward to supporting them with their exciting plans to expand the business further.”
Neil Patel, Head of Sponsors, ThinCats commented: “We are thrilled to have supported Chiltern Capital in providing finance to support this acquisition. With Chiltern on board, I am certain we will see an already thriving business go from strength to strength.”
Chiltern was advised by JCK, Marriott Harrison and FRP Debt Advisory. Rapid Repair Network was advised by FRP Corporate Finance and Farleys Solicitors, ThinCats was advised by HCR Law.