Acquisition of Lincoln business
Ogilvie deal expands fleet operations
Ogilvie Group is expanding its fleet business after acquiring a motor insurance claims support company.
Active Auto Solutions provides claims handling and support services as well as temporary vehicles to fleets and clients of commercial insurance brokers and intermediaries following motor accidents and incidents.
It will operate alongside Ogilvie Fleet within Stirling-based Ogilvie Group’s portfolio of motor businesses.
Ogilvie Group has acquired the Lincoln-based business from managing director James Parczuk and fellow founding shareholders Kevin Paul and Rob Wilkinson, who have retired from the industry. Terms were undisclosed.
Mr Parczuk now leads an Active Auto Solutions’ management team that is completed by operations director Simon Andrew and finance director Allen Curtis.
Ogilvie Group chief executive Duncan Ogilvie said: “The acquisition is part of the group’s strategy to grow business across our operational sectors. A large proportion of the Active Auto Solutions’ business relates to providing vehicle replacement and that means there are many synergies with our fleet operations’ expanding daily rental business.
“We aim to improve efficiencies within the business using our expertise in the automotive sector. Additionally, we will provide the resources to enable Active Auto Solutions to further expand and grow the business.”
Active Auto Solutions has seen sustained growth from its birth in the credit hire sector and the company currently employs more than 30 people at offices in Lincoln and Leeds, with a further office in Bournemouth due to open.
Mr Parczuk said: “The acquisition gives the existing Active Auto Solutions’ management team an exciting opportunity to drive further expansion with the new investment opportunities, synergies and strategic support that Ogilvie Group offers.
“A significant amount of our income is derived from the provision of temporary replacement vehicles. Joining the Ogilvie Group increases our access to the fleet market and rental vehicles, enabling us to significantly grow the business.”
Ogilvie Group is a family owned business with a portfolio of companies operating in the construction, surveying, housebuilding and cyber security sectors.