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Montague to acquire CAP

James Batchelor by James Batchelor
May 2, 2012
0
Home News

MONTAGU Private Equity LLP is to acquire CAP from Top Right Group (formerly Emap International).

CAP is a market leading provider of vehicle valuation data, new vehicle information and business solutions to the automotive industry.

With the support of Montagu, management plans to continue CAP’s impressive track record of growth through further investment in the company’s technology and continued expansion into new market segments providing data information solutions to clients in the automotive sectors. Terms of the transaction, which is expected to close later in May, were not disclosed.

 

Ian Rendle, general manager of CAP said: ‘All of CAP’s products are based on our expertise within the market place, our close relationships within the industry and our dedication to develop key business solutions for our customers. We are delighted to be partnering with Montagu, who share our vision for the future of the company and fully support us in our continued commitment to delivering a market leading service to our clients.’

Edward Shuckburgh, director of Montagu, said: ‘Montagu believes that CAP has significant opportunities to build on its market leading position. We are excited about working with an experienced and energetic management team, who are eager to accelerate the company’s development to the benefit of all stakeholders.’

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