Beer & Partners Help Innovative Car Servicing Company Move Closer to IPO
A recent investment by a Beer & Partners investor, who will shortly join their Board, has helped Silverstone-based In’n’Out Services Ltd to move closer to their planned IPO? in late 2009/early 2010. Their fixed-price and fast (30 minute) formula for carrying out routine servicing and MoT testing together with professional valeting at very smart and clean outlets sited on major retail parks, seems to be capturing the hearts and minds of the motoring public. Centres are now open in Northampton, Milton Keynes, Bristol & Cardiff, with their first centre in the West Midlands, at Wednesbury, next to open with 14 other centres planned for 2009, many in conjunction with development partner B&Q Property. The company is seeking further investment and those prepared to move fast can gain the benefit of a special deal enabling them to enjoy the comfort of security available in the long leasehold title to the Bristol outlet. This is now the fastest growing company in the automotive sector, and despite the current economic climate recent centre openings have shown 60% improvement over the earlier ones.
Important Information – Please Read Carefully
This communication has been approved by Beer & Partners as a financial promotion. Beer & Partners is authorised and regulated by the Financial Services Authority?. Investment in unquoted businesses carries high risks as well as the possibility of high rewards and an investor’s capital is at risk in making such investments. It is highly speculative and potential investors should be aware that no established market exists for the trading of shares? in private companies. Please note that any tax treatments referred to in financial promotions approved or issued by Beer & Partners will depend on the individual circumstances of the investor. All of Beer & Partners’ fees are payable by the client companies to whom it provides services, investors are treated as retail clients being recipients of Beer & Partners’ financial promotions. Where a promotion contains an overseas element the protection afforded to retail clients in relation to UK investments may not be available to investors. Investors also may not be eligible for protection under compensation schemes which are available to investors in UK financial instruments. The information contained within this communication may not be used for any purpose other than in considering whether you should enter discussion with any business described.