Revive! Auto Innovations has announced the appointment of a new five-strong board of directors.
The new board is described as combining internal leadership with experienced investors and non-executive directors to support the company’s growth ambitions, which include a targeted turnover of £40 million by 2028.
The announcement follows a £16.3 million investment in the company, which offers mobile cosmetic vehicle bodywork and alloy wheel damage repair, by Mobeus Equity Partners earlier this year.
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The new board includes company co-founder Mark Llewellyn, described as having guided its development for more than 20 years, as chief executive officer.
Debbie Marsh, an experienced group finance director with a background in private equity-backed businesses, has joined as chief financial officer, while Haydn Mursell, an experienced private equity business leader, has become non-executive chair.
Jordan Kay has joined the board as the investment director for Mobeus alongside Mobeus partner Guy Blackburn – both sit on the boards of several companies through their Mobeus roles.
New board ‘understands Revive! business’
Llewellyn said: “I have worked hard with Mobeus to find a team that not only comprehends the automotive and franchising sectors but also understands the Revive! business at its core. That includes the process, the potential and – most importantly – the people behind it.
“We have worked tirelessly over the past 22 years to build a highly specialised team that is simply unmatched in its capabilities.
“I am excited to add to that team with our new board of directors, who are all eager to get started.”
Llewellyn said that with the new board in place, Revive! had the knowledge and structure to build on its existing achievements as it worked towards nationwide expansion.
He added: “We have already introduced beneficial changes to the internal operations of the business and will continue to innovate while still adhering to our four core values of outstanding customer service, technical excellence, integrity and unity.”