In December 2016, Equistone invested in T.O.M. Vehicle Rental (T.O.M.), a provider of commercial vehicle hire, sales and services.
Founded by Jim Rafferty in 1991, T.O.M. has grown from an MOT station into one of only two UK multi-vehicle rental specialists providing a one-stop-shop for commercial vehicles.
T.O.M. offers long-term flexible hire of cars, vans, trucks and trailers to public and private sector businesses, as well as a complementary commercial vehicle dealership through its two franchised dealer brands, Mercedes Benz and Citroen.
Headquartered in Airdrie, Scotland, T.O.M. has established a fleet of over 11,000 vehicles and a workforce of over 500 employees across six hire locations in Scotland and five in England.
With over 900 customers, T.O.M. has demonstrated a strong focus on customer service throughout the business; taking pride in both speed of delivery and flexibility.
Equistone’s investment represents an attractive opportunity to invest in a business with strong growth potential and to support T.O.M.’s plans to make operational improvements and expand its reach across the UK.