Evolve

Evolve Automotive Repair Centre specialises in carrying out vehicle repairs on behalf of insurers and hire firms. With sites in Coventry and Birmingham, its Leicester site specialises in EV repairs and its new site in Warwick has accreditations from BMW and Hyundai.

The £375,000 business loan from the Midlands Engine Investment Fund II, through its appointed fund manager Frontier Development Capital (FDC), helped finance Evolve’s further growth after the purchase of the new fourth site in Warwick.

Evolve’s founders Stefan Hill, a former professional motorcycle racer, and Jack Thomas, who has a first-class honours in Business Management, set up Evolve four years ago when they were both aged 22. They plan to continue growing the business and aim to have 10 sites across the Midlands within the next four years.