Just last week, our lead story highlighted private equity involvement and market consolidation as Chinese OEMs assisted the larger leasing brokers to grow – see New Chinese entrant disruption favours larger brokers, says new BVRLA report. And this week comes the news that the Global Vehicle Group has attracted new PE funding from Palladian as H2 Equity Partners exits. Palladian will be looking for a return and that can only mean one thing: further market consolidation.
Shashi Maharaj leaves BVRLA
We say farewell to the BVRLA’s Legal & Compliance Director, Shashi Maharaj. His watch over the last six years has been a tough one, from post Covid disruption to the FCA car finance Supreme Court decision, guiding members through the complexities of legal process and providing reassurance regarding correct compliance. We wish Shashi good luck in his future career beyond the BVRLA
Ralph Morton, Editor
GVG ready for growth with investment from Palladian Investment Partners
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