Announced
Synopsis
Rutland Partners-backed Aston Barclay, a British independent auction group, has acquired The Car Buying Group, an online car dealership. Terms were not disclosed. The transaction will enable Aston Barclay to widen the breadth of new products and services it offers to its customers, while TCBG will benefit from the group’s strong IT reputation for launching new technologies designed and developed in-house. TCBG’s CEO Tom Marley said: “We have had a great journey over the past few years in launching and building the business. Becoming part of the Aston Barclay family will provide further support and investment to speed up that growth, and for our brand to become a household name with consumers.”
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