How we use Cookies

Berkswell-based TR Fleet receives £300,000 investment from Midven

TR Fleet, one of the UK’s leading fleet management specialists, celebrated its second anniversary with confirmation of a £300,000 investment by Birmingham-based venture finance company Midven.

TR Fleet, one of the UK’s leading fleet management specialists, celebrated its second anniversary with confirmation of a £300,000 investment by Birmingham-based venture finance company Midven.

The potential of the independent, award winning fleet services provider based in Berkswell in Solihull was identified following their selection in the prestigious Goldman Sachs ’10,000 Small Business’ initiative designed to support small businesses and help them grow.

Julie Boyd, Managing Director of TR Fleet, so impressed the panel of judges, one of whom was a director of Midven, that the company decided to award her the finance at the very start of the 12 month mentoring process.

“I am absolutely thrilled,” she said. “The funding will really help me to develop TR Fleet and it will be a bonus to have the benefit of expert advice from such skilled professionals.”

Julie founded TR Fleet in 2010 after spotting a gap in the market for a unique long-term road safety scheme.

More than 850 drivers are now enrolled on TR Fleet’s comprehensive ‘DriveSecure’ programme.

Tony Stott, chief executive officer, Midven, said: “We were all really impressed with Julie’s enthusiasm and professional approach and have every confidence that with our support, her ambitious plans will be become a reality.”

Julie and her team of five highly experienced specialists have also tripled turnover and recorded record profits in their first two years of business.

 

Journalists

Cathrina Hulse
Multimedia Journalist
Annette Belcher
Multimedia Journalist
Full newsroom contact details
Tell us what's happening in your area.