New owners for Driven Worldwide as founder Tilley changes career
Entrepreneur brothers Vijay and Bhikhu Patel have acquired a majority shareholding in privately-owned global provider of chauffeur services Driven Worldwide, after company founder Darren Tilley exited the business to study for a degree in medicine.
The deal includes several subsidiary companies, Driven Worldwide Limited, Driven Worldwide Inc, Driven Worldwide HK and Driven A to B. Driven will operate as a standalone business with no change to its day-to-day running. Though the Patel brothers, said they would look to bring about further international growth and product development.
Vijay Patel said: “Our acquisition of Driven fits with our strategy to diversify our operations and to invest in successful businesses; enabling them to flourish and grow further. The philosophy and entrepreneurial style of Driven fits well with our own approach to business and is something which we are keen to maintain.”
The Patel brothers are best known for their activities within the healthcare market, the development of pharmaceutical products distributor Waymade and the recent sale of another pharmaceuticals firm, Amdipharm.
Darren Tilley founded Driven in 2000, focusing primarily on providing chauffeur drive services for financial roadshows. Today, Driven has annual revenues of more than £10 million and has operations in the UK, New York and Hong Kong, delivering services in over 100 countries. It employs 120 owner-drivers, who have all been informed of the deal.
Mike Bell, who was promoted to managing director in October 2012, will remain in his job, alongside IT Director Stephen Morris. Bell said: “Our strength lies in the strong client base we have built up over the years as a result of our commitment to the highest levels of customer service; which remains fundamental to our business. The business knowledge and entrepreneurial flair which the new shareholders bring are highly complementary to our own and I look forward to further developing our current markets as well as opening new ones.”
On leaving the business, Darren Tilley said: “With the extensive company knowledge built up within the management team and strong client relationships, coupled with the investment of the Patel family, I am leaving the company in the best possible hands. I wish the team every success for the future”