text: 19/07/2021 - 12:55pm
  Accident repair group AD Williams has secured a multi-million-pound investment from BGF, with the funding set to be used for the partial realisation of shareholder value and to facilitate the long-term growth of the group.
  The business's core focus is repairing cars that have been in accidents, with over 18,000 cars being fixed in 2020 alone. In the last eight years, AD Williams has grown to over GBP30 million revenue a year.
  Stuart Bacchus, CEO of AD Williams, says: "We are absolutely thrilled to have gained the backing of BGF. We've grown rapidly over the last eight years and have done so without any external investment to date. We are tremendously proud of the growth achieved by our team and see the partnership with BGF, and Laurence's appointment as the natural next stage in our journey."
  Chris Jones, investor at BGF, says: "This deal represents an exciting opportunity to back a leading operator with a track record of successful growth in a specialised and highly fragmented market. We were impressed by the entrepreneurial yet professional nature of the management team and the services on offer. The business has the potential to extend its position as one of the leading networks in the UK."