Carshop

Northampton, United Kingdom Founded: 1999 • Age: 27 yrs Acquired By Penske Automotive
Retail chain of second-hand cars
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About Carshop

Carshop is a company based in Northampton (United Kingdom) founded in 1999 was acquired by Penske Automotive in January 2017.. The company has 674 employees as of December 31, 2021. Carshop has completed 1 acquisition, including Autoquake.com.

  • Headquarter Northampton, United Kingdom
  • Employees 674 as on 31 Dec, 2021
  • Phone
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  • Website
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People of Carshop
Headcount 1000-5000
Employee Profiles 16
Employee Profiles
People
Rebecca Gray
Digital Sales Team Manager
People
Carl Jackson
Regional Operations Director
People
Tina Holliman
Finance Manager
People
Nigel Hurley
Chief Executive Officer

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Funding Insights of Carshop

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Carshop

Carshop has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Penske Automotive. 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.

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Institutional
Investor Description Founded Year Domain Location
Commercial vehicles and parts are dealt by Penske Automotive.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Carshop

Carshop has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Autoquake.com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online used car listing platform
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Carshop

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Carshop Comparisons

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Competitors of Carshop

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Carshop

Frequently Asked Questions about Carshop

When was Carshop founded?

Carshop was founded in 1999.

Where is Carshop located?

Carshop is headquartered in Northampton, United Kingdom. It is registered at Northampton, Northamptonshire, United Kingdom.

Who is the current CEO of Carshop?

Jonathan Dunkley is the current CEO of Carshop.

How many employees does Carshop have?

As of Dec 31, 2021, the latest employee count at Carshop is 674.

What does Carshop do?

CarShop operates a second-hand cars retail chain across the UK. The company operates through an online platform and multiple retail stores stocking a multi-brand inventory of certified used vehicles from Audi, Ford, Fiat, BMW, Kia, Renault, Citroen, Toyota, Honda, and other automakers. Along with the retailing financing of second-hand vehicles, the company also offers car buying services, trade-ins, maintenance repair services, extended warranties, service contracts, parts accessories, and other automotive services via its stores. The company claims that all of its vehicles are HPI checked and passes through a 114 point inspection before putting them on sale. CarShop has partnered with multiple lenders to offer financial services such as Barclays, BlackHorse, and MotoNovo Finance among others.

How many acquisitions has Carshop made?

Carshop has made 1 acquisition, including Autoquake.com.

Who are Carshop's investors?

Carshop has 1 investor. Key investors include Penske Automotive.

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