LONDON – AMSTERDAM
LONDON – AMSTERDAM

H2 Equity Partners portfolio company Global Vans has acquired XLCR Vehicle management

In December 2023, Global Vans completed the acquisition of XLCR Vehicle Management (“XLCR”), a UK-based SME focused broker specialising in Light Commercial Vehicles and Business Cars, delivering over 2,500 units annually.

The acquisition of XLCR further cements Global Vans as the leading SME LCV broker in the UK. The acquisition of XLCR will increase the volume of deliveries to over 8,000 annually which collectively generates over £100 million in gross sales.

Global Vans has earned a strong reputation for delivering tailored vehicle and funding solutions to its base of over 15,000 customers. This is made possible by well-established partnerships with leading vehicle manufacturers and finance companies, enabling access to the best deals and the widest supply availability in the market, all while consistently delivering market-leading margins.

XLCR was founded in 2000 and is headquartered in Colne, Lancashire with an additional sales office based in Southampton. Its founders and the management team are remaining in place to continue to grow the business and to support with its integration.

For further information on Global Vans, please visit www.globalvans.co.uk

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Henry Stevens

Senior Associate

 

Henry joined H2 in 2024 and is involved in both evaluating new investment opportunities and supporting existing portfolio companies.

 

Prior to joining H2, Henry spent nearly six years at the strategy consultancy firm, Roland Berger, where he was a core member of the Transaction & Investor Services platform supporting private equity and strategic investors across the Industrial and Regulated & Infrastructure sectors predominantly within the mid-market.

 

Henry graduated from the University of Cambridge with a Bachelor (Hons) in Economics. His interests outside of work are road cycling where he competes in time trials, running and skiing.

Terry Musson

The Amberon Group is a market leading traffic management provider to the utilities and Local Authority markets. Amberon was established in May 2002 with our first depot in Paignton, South West England. Our founding core principles remain at the heart of everything that we do and our continued desire to achieve our purpose; to provide the best service in the Traffic Management sector. This has been the foundation for our success and has cemented our position as the market leader in TM.

During the initial transaction we never felt under any pressure & instantly recognised we would become part of the family. H2 took the time to listen to our views & business strategy, it was obvious from the very beginning that they would be the perfect partner for us.

The guys at H2 have enabled us to continue the momentum & have provided the expertise & knowledge to help us continue on the journey to constantly improve our service offering.

Working with H2 during the last 2 years has given us additional support not just financially but the advice & expertise has helped analytically & strategically.

The ambition and the drive H2 have is extremely infectious & continues to assist the group to overachieve.

It’s enormously reassuring to know H2 will always be at the end of the phone to offer advice but heartening to know they have the trust in us to deliver.