About CARS
CARS is a company based in Bury St Edmunds (United Kingdom) founded in 1991 was acquired by GCL Global in February 2023. It operates as a Managed Services. The company has 25 employees as of December 31, 2016. CARS offers products and services including Air Freight, Sea Freight, Road Freight, Storage, and Event Transportation.
- Headquarter Bury St Edmunds, United Kingdom
- Employees 25 as on 31 Dec, 2016
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Classic Automotive Relocation Services
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Annual Revenue
$30.7 M (USD)68as on Dec 31, 2021
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Net Profit
$2.74 M (USD)22772as on Dec 31, 2021
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
25
as on Dec 31, 2016
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Acquired by
GCL Global
(Feb 06, 2023)
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Products & Services of CARS
CARS offers a comprehensive portfolio of products and services, including Air Freight, Sea Freight, Road Freight, Storage, and Event Transportation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Vehicles are transported internationally via air freight services.
Vehicles are shipped globally using sea freight options.
Vehicles are moved by road across various regions.
Secure storage solutions are provided for valuable vehicles.
Specialized transport for vehicles is offered for events.
Funding Insights of CARS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CARS
CARS has secured backing from 1 investor. Prominent investors backing the company include GCL. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multi-modal freight forwarding services are provided internationally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CARS
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CARS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cars Comparisons
Competitors of CARS
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CARS
When was CARS founded?
CARS was founded in 1991.
Where is CARS located?
CARS is headquartered in Bury St Edmunds, United Kingdom. It is registered at Bury St Edmunds, Suffolk, United Kingdom.
How many employees does CARS have?
As of Dec 31, 2016, the latest employee count at CARS is 25.
What is the annual revenue of CARS?
Annual revenue of CARS is $30.7M as on Dec 31, 2021.
What does CARS do?
Classic Automotive Relocation Services, operating as CARS, is involved in the transportation of high-value and classic vehicles worldwide. Services are provided across air, sea, and road freight, ensuring vehicles are delivered in perfect condition. The company operates in sectors such as automotive logistics and event transportation, with solutions tailored to individual client needs. Offices are maintained in regions including Europe, North America, Asia, and the Middle East, supporting a global network for seamless shipping operations.
What products or services does CARS offer?
CARS offers Air Freight, Sea Freight, Road Freight, Storage, and Event Transportation.
Who are CARS's investors?
CARS has 1 investor. Key investors include GCL.
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