Autodata under new ownership

Cash injection for growth

Published:  22 May, 2014

The technical information provider has chosen Five Arrows and Bowmark Capital as its new investment partners, the latter brings with it significant experience in the information and data industry.

The Maidenhead firm, established more than 40 years ago, supplies constantly updated information covering more than 80 vehicle manufacturers and 17,000 models.

Autodata Chief Executive, Rod Williams, said: "A major factor in the selection of Bowmark and Five Arrows was their agreement and desire to maintain Autodata's complete independence going forwards. This, coupled with their ability to make available significant additional funding to support our continued growth and expansion, made for the most compelling business case."

nicola@aftermarket.co.uk

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