About Kwik Fit
Kwik Fit is a company based in Broxburn (United Kingdom) founded in 1971 was acquired by ITOCHU in March 2011.. Kwik Fit has completed 1 acquisition, including fettle. Kwik Fit offers products and services including Tyre Sales, MOT Testing, Vehicle Servicing, Brake Checks, and Air Conditioning Recharge. Kwik Fit operates in a competitive market with competitors including Belron, Steer Automotive Group, ABL 1Touch, Auto Windscreens and Alton Cars, among others.
- Headquarter Broxburn, United Kingdom
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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
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- Legal Name Kwik-Fit (Gb) Limited
- Date of Incorporation 27 Apr, 1971
- Jurisdiction LETCHWORTH GARDEN CITY, HERTFORDSHIRE
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Products & Services of Kwik Fit
Kwik Fit offers a comprehensive portfolio of products and services, including Tyre Sales, MOT Testing, Vehicle Servicing, Brake Checks, and Air Conditioning Recharge. 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.
Sales of various tyre brands for vehicles
Annual safety checks for roadworthiness
Routine checks and repairs for cars
Free inspections of braking systems
Recharging services for vehicle AC systems
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Funding Insights of Kwik Fit
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2005 | Amount | Private Equity Round - Kwik Fit | Valuation | Ardian |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Kwik Fit
Kwik Fit has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Ford, ITOCHU and Ardian. 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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Private investment firm specializing in markets and partnerships.
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Founded Year | Domain | Location | |
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Automobiles and commercial vehicles are manufactured by Ford.
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Founded Year | Domain | Location | |
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Diversified trading and procurement solutions are offered across multiple sectors.
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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 Kwik Fit
Kwik Fit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include fettle. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of online platform for bike repair services
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kwik Fit
| 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 |
Kwik Fit Comparisons
Competitors of Kwik Fit
Kwik Fit 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 Belron, Steer Automotive Group, ABL 1Touch, Auto Windscreens and Alton Cars, 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 |
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| domain | founded_year | HQ Location |
Vehicle glass repair and replacement services are provided internationally.
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| domain | founded_year | HQ Location |
Car repair services are provided across the United Kingdom.
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| domain | founded_year | HQ Location |
Automotive repair services are provided in the United Kingdom.
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| domain | founded_year | HQ Location |
Automotive glass repair and replacement services are provided.
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| domain | founded_year | HQ Location |
Provider of repair services for cars & vans
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Kwik Fit
Frequently Asked Questions about Kwik Fit
When was Kwik Fit founded?
Kwik Fit was founded in 1971 and raised its 1st funding round 34 years after it was founded.
Where is Kwik Fit located?
Kwik Fit is headquartered in Broxburn, United Kingdom. It is registered at Broxburn, West Lothian, United Kingdom.
What does Kwik Fit do?
Kwik Fit was founded in 1971 and is headquartered in Broxburn, United Kingdom. Operations focus on the automotive sector, where repair and maintenance services are delivered, including tyres, brakes, exhausts, MOT testing, car servicing, and air conditioning recharge. Tyres are retailed alongside repair and replacement for components such as batteries, shock absorbers, suspension, and glass. Insurance products for home, van, motorbike, pet, and travel are also offered.
Who are the top competitors of Kwik Fit?
Kwik Fit's top competitors include Belron, ABL 1Touch and Alton Cars.
What products or services does Kwik Fit offer?
Kwik Fit offers Tyre Sales, MOT Testing, Vehicle Servicing, Brake Checks, and Air Conditioning Recharge.
How many acquisitions has Kwik Fit made?
Kwik Fit has made 1 acquisition, including fettle.
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