Bridgestone completed the acquisition of 5% stake in Avayler from Halfords Group.

Bridgestone, a global mobility company, completed the acquisition of a 5% stake in Avayler, an automotive software as a service business, from Halfords Group, a provider of motoring and cycling products and services. Financial terms were not disclosed. "The Bridgestone investment in Avayler is an important endorsement by one of the world's largest automotive businesses. With Avayler a little over two years old, Bridgestone's investment at this stage is testimony to their confidence in the business and the strength of Avayler's ground-breaking solution to allow automotive companies to offer completely integrated on and off-site support to customers," Graham Stapleton, Halfords Chief Executive Officer.