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Car service plan operator EMaC sold for up to £46m

Date added: 03/12/2014

A CHESHIRE company which offers service plans to car manufacturers and retailers has been sold for up to £46m. EMac, which was founded in a basement in Bolton in 2004 and is now located on the Crewe Business Park, has been acquired by The Innovation Group, the listed business process services and software specialist. For the year December 2013, EMaC reported EBITDA of £2.9m on revenue of £7.4m. Its forecast for the current financial year is for EBITDA to rise to £3.5m. The Innovation Group has paid £36m ...




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