March 27, 2017 12:46 PM ET

Diversified Consumer Services

Company Overview of RAC Ltd

Company Overview

RAC Ltd. provides motoring services to private and business motorists in the United Kingdom. The company offers breakdown cover with roadside assistance, insurance, buying a used car, vehicle inspections and checks, legal services, or up-to-the-minute traffic and travel information. Its services also include commercial vehicle breakdown services; business insurance; Telematics, a solution for accessing information that helps users to manage fuel costs, and keep both vehicles and drivers working efficiently; accident management; fuel cards for small and medium business customers; and services for small and medium enterprise, and large corporate customers. In addition, the company operates an ...

Great Park Road

Bradley Stoke

Bristol,  BS32 4QN

United Kingdom

Founded in 1897


44 84 4891 1288


44 14 5420 2900

Key Executives for RAC Ltd

Chief Executive Officer and Director
Age: 55
Chief Financial Officer and Director
Head of Finance and Head of Investor Relations
Head of External Affairs
Managing Director of Car Passport
Compensation as of Fiscal Year 2016.

RAC Ltd Key Developments

RAC Group Announces Management Changes

The RAC Group that it will appoint David Hobday as its next Chief Executive Officer. Mr. Hobday will join the Company over the course of the next six months. David Hobday joins the RAC from Worldpay UK, where he was Managing Director. Mr. Hobday will take over as CEO from Chris Woodhouse who joined the RAC in 2012.

CVC Said to be Eyeing Stake in RAC

CVC Capital Partners Limited is said to be eyeing a stake in RAC Limited. The Carlyle Group LP (NasdaqGS:CG) has reportedly been asked by CVC for details of RAC's accounts ahead of a potential deal.

RAC Business Secures New Five Year Contract with SHB Hire Ltd

RAC announced the deal to provide breakdown and European Breakdown Cover for SHB Hire Ltd. will see the company potentially coming to the assistance of more than 13,500 vehicles ranging from standard B2B hire cars, to golf buggies, all-terrain vehicles, cranes and other specialist vehicles. The RAC beat off stiff competition to secure the contract and was chosen based on its policy of investing in the latest innovations, the quality of its technical team and its drive to remain the number one breakdown organization in the UK. The partnership will be managed by a team of experienced account managers and a dedicated contact team for customers providing a high level of service.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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