The Business
ABL 1Touch provides accident damage repair services, primarily to large motor insurers. The business is known for its technical innovation, low cost and environmentally friendly ‘repair over replace’ methodology, and market-leading levels of customer satisfaction.
The Deal
Mobeus backed the incumbent ABL 1Touch management team, which has built the group to a 13-site network across Southern England, with a £9.5 million investment. The team will be supported by experienced industry figure Bill Duffy, previously of Nationwide Autocentres, who has joined the board as Non-Executive Chair.
The Plan
ABL 1Touch doubled its turnover during the three years prior to the buyout and has a proven site rollout model, supported by its proprietary operational systems.
Following the buyout, Mobeus will support further expansion of the regional footprint, as the business looks to almost double the number of operating sites during the investment term.