Protyre
Encyclopedia
Micheldever Tyre & Auto Services Limited, trading as Protyre are primarily focused on the fast fitting of motor vehicles, specialising in tyres, brakes, exhausts and batteries. They also cater for MOT testing & servicing and air conditioning. To date, they have accumulated 53 branches across the UK, the latest acquisitions are located in North West (2010) and Swansea (Wales), UK (2011). The Protyre brand spawned from Micheldever Tyre and Auto Services Limited and in 2006 was acquired by venture capitalists, Graphite Capital
and Royal Bank of Scotland
.
is now the headquarters for the company. They boast a work force of approximately 1000. Post buy out from Graphite and Royal Bank of Scotland, they have remained profitable and continue to expand. As well as retail, they run a wholesale division, which supplies in excess of 4 million tyres a year to its 2,500 plus customers. Previous owner Tony Todd, since selling the company in 2006, is ranked =782 in the Times Rich List, 2011.
Graphite Capital
Graphite Capital Management is a private equity firm focused on middle market leveraged buyout investments, primarily in the UK. The firm also houses a fund of funds platform that invests in other private equity funds across Europe and the US...
and Royal Bank of Scotland
Royal Bank of Scotland
The Royal Bank of Scotland Group is a British banking and insurance holding company in which the UK Government holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the...
.
History
Micheldever Tyre and Auto Services Limited was founded in 1972 by Tony Todd and the original site in Micheldever, HampshireMicheldever
Micheldever is a village in Hampshire, England, situated 6 miles north of Winchester.It lies upon the River Dever . The river, and village, formerly part of Stratton Park, lie on a Hampshire grass downland, underlain with chalk and flint...
is now the headquarters for the company. They boast a work force of approximately 1000. Post buy out from Graphite and Royal Bank of Scotland, they have remained profitable and continue to expand. As well as retail, they run a wholesale division, which supplies in excess of 4 million tyres a year to its 2,500 plus customers. Previous owner Tony Todd, since selling the company in 2006, is ranked =782 in the Times Rich List, 2011.