CarTrawler is a market leading B2B car rental and mobility platform
How we helped
CarTrawler is a market leading B2B car rental and mobility platform, expanding airline and travel partners’ offering to their customers. It works in partnership with many of the world’s leading travel brands, including airlines and OTAs.
- During our investment CarTrawler acquired the brand and online assets of Holiday Autos, a former ECI investment, to strengthen its position in the direct-to-consumer channel.
People & culture:
- We invested in CarTrawler’s senior team, recruiting five C-level executives, a new Strategy Director, and a sector focused Chair with over 30 years of travel sector experience.
CarTrawler’s revenues and profits more than trebled during ECI’s investment (CAGR of 41% revenue growth and 55% EBITDA growth), and headcount more than doubled to 180 as the company expanded into new international markets.
In 2014 ECI realised the investment to BC Partners, delivering a multiple of 5.7x and a c.90% IRR.