 | |
| Company type | Private limited company |
|---|---|
| Industry | Automotive services |
| Founded | 1897 |
| Founder | Frederick Simms |
| Headquarters | , |
Area served | United Kingdom, Republic of Ireland |
Key people | Rob Templeman (Chairman) Dave Hobday (CEO) |
| Services | Roadside assistance and insurance |
| Revenue | £501 million (2015)[1] |
| £95 million (2011)[2] | |
| Owner | CVC Capital Partners (50%) GIC Private Limited (50%) |
Number of employees | 3,700 (2011 average)[2] |
| Subsidiaries | RAC Motoring Services Limited RAC Financial Services Limited RAC Insurance limited |
| Website | www.rac.co.uk |
RAC Limited (The RAC) is a British automotive services company headquartered in Walsall, West Midlands. Its principal services are roadside assistance and general insurance, and its subsidiaries include RAC Motoring Services Ltd, RAC Financial Services Ltd and RAC Insurance Limited. It was a private club owned by its members until sold in 1999, eventually acquired in 2014 and 2015 by GIC Private Limited and CVC Capital Partners.
The RAC's main competitors are The AA and Green Flag.[citation needed]
- ^ "2016 Corporate Citizenship Report" (PDF). The Carlyle Group. Retrieved 5 October 2016.
- ^ a b "Annual Report & Accounts 2011". RAC Limited. Retrieved 15 October 2012.