Latest News
Boyne Capital Acquires Majority Share in CarCovers.com to Expand Product Offerings in Vehicle Protection Market
Monday 25 January 2021

An affiliate of Boyne Capital has acquired a majority interest in California-based vehicle covers and vehicle protection retail e-commerce provider CarCovers.com, to expand CarCovers' product offerings and strengthen position in D2C vehicle protection market, the company said.

Terms of the transaction were not disclosed.

CarCovers is a new platform investment in BCM Fund I. Boyne Capital is dedicated to investing in the lower middle market sector, specifically companies with revenues of less than USD 100m and EBITDA of USD 3m to USD 10m.

Boyne Capital is a Florida-based private equity firm focussed on investments in lower middle market companies.

CarCovers sells primarily through its direct-to-consumer e-commerce portal, CarCovers.com, and offers a comprehensive suite of high-quality, form-fitting products tailored to a range of vehicle types and applications.
Details
Date Published: 25/01/2021

Options