FMG

United Kingdom Founded: 1986 • Age: 40 yrs Acquired By Redde
Incident management and roadside services are provided across the UK.

About FMG

FMG is a company based in United Kingdom founded in 1986 was acquired by Redde in August 2015. It operates as a Managed Services, and Professional Services. FMG has completed 1 acquisition, including GRG Public Resources. FMG offers products and services including Insurer Solutions, Fleet Solutions, Risk Solutions, and Roadside Solutions.

  • Headquarter United Kingdom
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fmg Support (Fim) Limited
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Redde

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Redde

    & 1 more

    (Aug 20, 2015)

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Products & Services of FMG

FMG offers a comprehensive portfolio of products and services, including Insurer Solutions, Fleet Solutions, Risk Solutions, and Roadside Solutions. 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

Motor claims are managed with cost reduction focus.

Fleet incidents are handled to minimize downtime.

Fleet risks are mitigated through data analysis.

Roadside recovery is provided for all vehicles.

Funding Insights of FMG

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 FMG

FMG has secured backing from 2 investors. Prominent investors backing the company include Redde and Endless. 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
Investor Description Founded Year Domain Location
Endless is focused on empowering youth through digital education.
Founded Year Domain Location
Accident management, legal, fleet, and policy services are offered.
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 FMG

FMG has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GRG Public Resources. 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
Recovery management services are provided to public sector clients.
1994
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 - FMG

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

Fmg Comparisons

Employees
+
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Competitors of FMG

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 Fmg

Frequently Asked Questions about FMG

When was FMG founded?

FMG was founded in 1986.

Where is FMG located?

FMG is headquartered in United Kingdom.

Who is the current CEO of FMG?

Mark Chessman is the current CEO of FMG.

What does FMG do?

FMG is recognized as a leading provider of incident management and roadside solutions in the UK. Services are offered to large fleets, motor insurers, brokers, leasing providers, police forces, and National Highways. A 247 response is ensured for vehicle incidents, with expertise in claims management, fleet incident resolution, risk mitigation, and roadside recovery. Operations are managed from Huddersfield, focusing on cost reduction and minimal vehicle downtime across various sectors including automotive and insurance. Modular and tailored solutions are developed to meet specific client needs, ensuring driver support and efficient service delivery.

What products or services does FMG offer?

FMG offers Insurer Solutions, Fleet Solutions, Risk Solutions, and Roadside Solutions.

How many acquisitions has FMG made?

FMG has made 1 acquisition, including GRG Public Resources.

Who are FMG's investors?

FMG has 2 investors. Key investors include Redde, and Endless.

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