About Vertu Motors
Vertu Motors is a company based in Gateshead (United Kingdom) founded in 2006.. The company has 7,500 employees as of February 28, 2024. Vertu Motors has completed 9 acquisitions, including ACEparts, Bristol Street Motors and Burrows. Vertu Motors operates in a competitive market with competitors including Copart, Fiat Chrysler Automobiles, Group1 Automotive, CarGurus and Auto Trader, among others.
- Headquarter Gateshead, United Kingdom
- Employees 7500 as on 28 Feb, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Vertu Motors Plc
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IPO & Listings of Vertu Motors
Vertu Motors is a publicly listed company on the LSE with ticker symbol VTU in UK, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Sales and Marketing
26 people
Software Development Team
21 people
Finance and Accounting
15 people
Leadership Team
10 people
Head Team
10 people
Operations Team
7 people
Human Resources and Administration
6 people
CMA Team
6 people
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Funding Insights of Vertu Motors
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(09 Mar 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Post-IPO - Vertu Motors | Valuation |
investors |
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| Sep, 2020 | Amount | Post-IPO - Vertu Motors | Valuation |
investors |
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| Mar, 2016 | Amount | Post-IPO - Vertu Motors | Valuation |
investors |
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| 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 Vertu Motors
Vertu Motors has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Joe Duffy and Richard Teatum. 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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RT
Richard Teatum |
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Founded Year | Domain | Location |
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Car dealership offering new and used vehicles, servicing, and leasing.
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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 Vertu Motors
Vertu Motors has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include ACEparts, Bristol Street Motors and Burrows. 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 selling new & old cars and spare parts services
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2018 | ||||
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Online platform for new or used cars for sale
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2005 | ||||
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Automotive wiper blades are manufactured for vehicles in the UK.
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2005 |
| 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 - Vertu Motors
| 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 |
Vertu Motors Comparisons
Competitors of Vertu Motors
Vertu Motors 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 Copart, Fiat Chrysler Automobiles, Group1 Automotive, CarGurus and Auto Trader, 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 |
Used and salvaged vehicles are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Automobiles are manufactured under brands like Fiat, Chrysler, and Jeep.
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| domain | founded_year | HQ Location |
Provider of new & used cars and trucks dealership services
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| domain | founded_year | HQ Location |
Automotive vehicle listings are managed via an app-based platform.
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| domain | founded_year | HQ Location |
Used cars are listed and searched via an online platform.
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| domain | founded_year | HQ Location |
Car dealership, repair, and leasing services are provided.
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| 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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Latest news on Vertu Motors
Frequently Asked Questions about Vertu Motors
When was Vertu Motors founded?
Vertu Motors was founded in 2006 and raised its 1st funding round 10 years after it was founded.
Where is Vertu Motors located?
Vertu Motors is headquartered in Gateshead, United Kingdom. It is registered at Gateshead, England, United Kingdom.
Who is the current CEO of Vertu Motors?
Robert Forrester is the current CEO of Vertu Motors.
How many employees does Vertu Motors have?
As of Feb 28, 2024, the latest employee count at Vertu Motors is 7,500.
What is the annual revenue of Vertu Motors?
Annual revenue of Vertu Motors is $5.96B as on Feb 28, 2024.
What does Vertu Motors do?
Vertu Motors was founded in 2006 as a dealership group in the UKs motor retail sector. Operations are centered in Gateshead, with sales of new and used cars, vans, and motorcycles from brands including Audi, Mercedes-Benz, and Jaguar. The company maintains a network of outlets across the United Kingdom, and recent senior appointments have been added to the leadership team to support ongoing consolidation.
Who are the top competitors of Vertu Motors?
Vertu Motors's top competitors include CarGurus, Copart and Auto Trader.
Is Vertu Motors publicly traded?
Yes, Vertu Motors is publicly traded on LSE under the ticker symbol VTU.
How many acquisitions has Vertu Motors made?
Vertu Motors has made 9 acquisitions, including ACEparts, Bristol Street Motors, and Burrows.
Who are Vertu Motors's investors?
Vertu Motors has 2 investors. Key investors include Joe Duffy, and Richard Teatum.
What is Vertu Motors's ticker symbol?
The ticker symbol of Vertu Motors is VTU on LSE.