Announced

Completed

CVC Capital Partners completed the investment in RAC for £660m.

Synopsis

CVC Capital Partners completed the investment in RAC, the second-largest roadside assistance provider across the UK, for £660m. “We are really looking forward to working with CVC and our existing partner GIC as we enter the next phase of our development. With their significant experience and long-term capital, we are confident that they are the perfect partners to further our success as one of the UK’s major roadside assistance providers. I would also like to take the opportunity to thank Carlyle for their support over the last four years," Chris Woodhouse, RAC CEO.

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