- Pictured above are Rod Lloyd, CEO of lcv group, finalising the acquisition of Julie Summerill’s TR Fleet
THE lcv group, one of the UK’s leading providers of vehicles into businesses, has acquired a high-profile national fleet services provider.
The Neath-based company has completed the purchase of TR Fleet, a specialist in consultancy, policy advice, and management services.
Lcv group said that TR Fleet would continue to operate under its existing name. All existing staff, including Managing Director Julie Summerell and Fleet Administrator Sunyia Sarfraz, would continue in their roles.
In 2022, the lcv group underwent a major rebrand. Formerly known as Low Cost Vans, the new name reflects their ever-growing product range which includes cars, short term hire and fleet services, an offering which has been further bolstered with the addition of TR Fleet.
TR Fleet will continue to service existing customers, while introducing new SME fleet operators to its popular DriveSecure app, a risk management tool. The app will continue to be supported by previous investors Safo, with whom the lcv group says it’s “looking forward to a long business partnership with.”
I have known Julie for a long time, and when the opportunity arose to purchase TR Fleet it was an easy decision to make. With the acquisition complete they are now free to spread their wings and add to their portfolio while looking after their existing customers. My brief to Julie is simple: we are here to support her and her staff to go out and introduce even more fleet operators to the DriveSecure app.
Julie Summerell added she was looking forward to working with a company that shared her vision, and with a CEO who has long supported her in the industry.
From my perspective, finding a company that can support the future of TR Fleet was vital. The lcv group has the right cultural fit, and like ourselves, staff retention is a key concern. I’ve known Rod for years and he’s always been very supportive, something of a mentor, and his team is amazing.
The acquisition, which completed on 01 April 2023, was overseen by Director of Operations Zoe Field.
Honda Super N Car Review
Honda is back in the electric city-car game. Does the Super N work for fleets? We find out.
James Pestell Joins Lorna McAtear As Vice Chair of the Association of Fleet Professionals
CONGRATULATIONS to James Pestell, who has been elected as the new Joint Vice Chair of the Association of Fleet Professionals (AFP). James was selected at the organisation’s Annual General Meeting, held at the NEC, Birmingham on Tuesday 6th October. The National Sales Manager at IFC Group, James has more than two decades of experience in
Mitsubishi Outlander Car Review
Mitsubishi is back and so is the Outlander PHEV. We find out how it performs for fleets.
Jeep Compass Car Review
In a market bursting with SUVs, the Jeep Compass succeeds at standing out, but does it work for fleet users?
AFP Reshapes Advanced Course To Reflect Changing Needs Of Fleet Managers
THE highest level course offered by the Association of Fleet Professionals (AFP) has been completely revised and refreshed with a new format and content. Fleet Vehicle Management – Advanced is the final step in the AFP Academy’s development pathway for fleet roles, following Introductory, Foundation and Strategic certifications. Successful completion results in delegates becoming a
i247 Group Strengthens Senior Team As It Targets Extended Growth
Pictured: L-R Phil Greaves and Loren Roche at the i247 Group headquarters in Poole THE i247 Group, a leading provider of technology-driven fleet management solutions, has strengthened its senior team with two strategic appointments. The move supports the business’s continued expansion following investment from private equity firm LDC. Phil Greaves joins the Group as Key
JOIN THE DISCUSSION
Why not join the conversation on SME fleets – visit our LinkedIn SME Fleet Discussion page