TDR Capital, a British private equity firm, completed the acquisition of BCA Marketplace, a used vehicle marketplace, for $2.7bn. The offer price represents a premium of approximately 25% to BCA's closing share price of 195 pence per share on 19 June 2019. The deal was announced in June 2019. "BCA is a high-quality business that operates in a market that is changing rapidly, driven by evolving customer demands and digital disruption. TDR has a strong track record of investing in businesses and partnering with management to develop and grow their operations. We are highly supportive of BCA management and believe that with the right investment and support, BCA can continue to grow and evolve its market-leading automotive aftermarket services offering for the benefit of its customers, employees and partners," TDR Capital.