Cary Group

Stockholm, Sweden Founded: 1947 • Age: 79 yrs Acquired By Nordic Capital
Car repair and maintenance services are provided across Sweden.
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About Cary Group

Cary Group is a company based in Stockholm (Sweden) founded in 1947 was acquired by Nordic Capital in October 2022.. Cary Group has completed 11 acquisitions, including 123 Pare-brise, Autoglas and Autoglass Clinic. Cary Group offers products and services including Vehicle Glass Repair, Glass Replacement, and Collision Repair. Cary Group operates in a competitive market with competitors including Ryds Bilglas, Mechanum, Bohmans Dack, M Bilar Group and JF Bildekor, among others.

  • Headquarter Stockholm, Sweden
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cary Group Denmark Holding A/S
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
    $618.95 K (USD)
    50
    as on Dec 31, 2022
  • EBITDA
  • Latest Funding Round
  • Investors
    CVC

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Nordic Capital

    (Oct 19, 2022)

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Products & Services of Cary Group

Cary Group offers a comprehensive portfolio of products and services, including Vehicle Glass Repair, Glass Replacement, and Collision Repair. 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.

Primary

Repairs damaged glass on vehicles for safety and functionality.

Replaces broken vehicle glass with sustainable, high-quality options.

Handles small to medium area repairs for vehicle bodywork.

People of Cary Group
Headcount 1000-5000
Employee Profiles 21
Employee Profiles
People
Annika Hansson
Director IT & Digitalization
People
Jonas Lodin
Head Of IT Nordics
People
Alastair Smith
Director Supply Chain & Procurement
People
Daniel Niemi
Manager Enterprise Architecture

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Funding Insights of Cary Group

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

Investors in Cary Group

Cary Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CVC and Nordic Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Mezzanine financing and equity investments are provided by CVC.
Founded Year Domain Location
-
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 Cary Group

Cary Group has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include 123 Pare-brise, Autoglas and Autoglass Clinic. 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
Repair and replacement services for automotive glasses are offered.
2020
Steel products are produced and supplied from Lugano, Switzerland.
2016
Car repair and damage fixing services are offered in Norway.
2007
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 - Cary Group

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

Cary Group Comparisons

Employees
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Competitors of Cary Group

Cary Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ryds Bilglas, Mechanum, Bohmans Dack, M Bilar Group and JF Bildekor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Repair and maintenance services for cars are provided in Sweden.
domain founded_year HQ Location
Automotive workshop chain
domain founded_year HQ Location
Provider of car repair services
domain founded_year HQ Location
Provider of car maintenance services
domain founded_year HQ Location
Provides solfilm, bildekor, foliering, and carwrapping for vehicles in Stockholm.
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 Cary Group

Frequently Asked Questions about Cary Group

When was Cary Group founded?

Cary Group was founded in 1947.

Where is Cary Group located?

Cary Group is headquartered in Stockholm, Sweden.

What does Cary Group do?

The Cary Group was founded in 1947 and is headquartered in Stockholm, Sweden. Operations in the automotive sector focus on repair and maintenance services for vehicles. A range of mechanical and diagnostic services is offered to individual and commercial clients. The company maintains a presence in the local market, supporting vehicle upkeep through established workshops. Domain registration under carygroup.com facilitates online inquiries and bookings.

Who are the top competitors of Cary Group?

Cary Group's top competitors include Ryds Bilglas, Mechanum and SEAB.

What products or services does Cary Group offer?

Cary Group offers Vehicle Glass Repair, Glass Replacement, and Collision Repair.

How many acquisitions has Cary Group made?

Cary Group has made 11 acquisitions, including 123 Pare-brise, Autoglas, and Autoglass Clinic.

Who are Cary Group's investors?

Cary Group has 2 investors. Key investors include CVC, and Nordic Capital.

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