HMT advised Mobeus on their £16.3 million majority investment in Revive!, the UK’s leading SMART auto repair network, to support the business’ next phase of growth.
Revive! is the UK’s largest mobile SMART auto repair network, headquartered in Rugby. The business operates primarily through a network of franchise partners, creating an asset-light and highly scalable operating model, complemented by company-owned operations that support national account delivery and operational excellence. Through this hybrid model, Revive! serves a diversified customer base of insurers, dealerships, fleet operators and retail consumers across the UK.
Founded in 2004 by Mark Llewellyn and Terry Mullen, Revive! has grown from a single man-in-a-van operation into the UK’s largest mobile SMART repair network, with more than 250 technicians and over 55 franchisees. Mobeus is partnering with Founder and CEO Mark Llewellyn and the incumbent management team to accelerate the next phase of the company’s development.
SMART repairs provide a faster, more convenient and lower-cost alternative to traditional body shop repairs for minor cosmetic damage, typically completed at a customer’s home or workplace within a matter of hours. As insurers, fleet operators and consumers increasingly prioritise convenience, speed and cost efficiency, Revive! is well positioned to benefit from attractive long-term structural growth in the automotive aftercare market.
With Mobeus’ support, Revive! will continue investing in its people, technology platform and commercial capability, expand its franchise network, strengthen relationships with national accounts and enter adjacent market opportunities.
HMT undertook financial due diligence on this transaction.
“We view HMT as more than a due diligence provider—they are a trusted partner. They provided clear, actionable insights that directly strengthened our investment decision-making. They go above and beyond expectations.”
– Jordan Kay, Investment Director, Mobeus
“We are delighted to have advised Mobeus on their investment in Revive!. The transaction reflects the continued attractiveness of the auto repair sector, and we are pleased to have contributed to a successful outcome. We look forward to seeing the business build on its strong foundations and pursue its next phase of growth with Mobeus’ backing.”
– Paul Read
