Autodata today announces that it is under new ownership.
After a comprehensive selection process, the Maidenhead company’s shareholders chose Bowmark Capital and Five Arrows as its new investment partners.
Bowmark Capital is a respected, award-winning investment company with significant experience in the information and data industry, while Five Arrows is the principal investing arm of the Rothschild Group.
Established more than 40 years ago, Autodata has long been renowned for its supply of high-quality, constantly-updated information covering more than 80 vehicle manufacturers and 17,000 models.
“We are delighted to have completed this transaction, and look forward to continuing Autodata’s strong record of growth by further expanding our product range and geographic footprint.” Rod Williams, Autodata Chief Executive
Autodata Chief Executive, Rod Williams, said: “We are delighted to have completed this transaction, and look forward to continuing Autodata’s strong record of growth by further expanding our product range and geographic footprint – both organically and by acquisition – with the support and financial backing of Bowmark and Five Arrows.”
News of the change in ownership of Autodata comes as the Company rolls out its powerful new web application across Europe, setting new standards in the delivery of automotive technical information.
Building on its existing reputation for quality and accuracy of data, the new platform redefines Autodata as the most innovative player in the market.