LDC understood our vision for the business from the off and shared the same ambition. This is a great outcome for our partners, customers and employees alike, and we’re hugely excited about our plans for growth.”Lee Streets, CEO
Backing an ambitious team
In 2019, the management team led by CEO Lee Streets chose to partner with LDC in a £110m deal that would underpin its future growth strategy.
The partnership is now supporting the firm’s expansion as it invests further in its technology, digital capabilities and to scale the presence of both its Dealer B2B and B2C propositions.
Strengthening the team
Since LDC backed the business, it has made senior hires to its growing team in the form of Paul Saggar as Chief Innovation Officer and Adam Small as Head of Operations. In January 2020, the business expanded its field sales team with the appointment of four key personnel.
Bolstering its digital proposition
Evolution completed the acquisition of automotive software and digital services provider Click Dealer in June 2021. The transaction marked a significant move to broaden Evolution’s digital and SaaS proposition.
Evolution Funding picked up a hat-trick of accolades at the Car Finance awards in 2021 including ‘Best Broker’, ‘Best Direct to Consumer Proposition’ and also the Innovation award.
Car Finance Awards 2022, 2021 & 2019
Award for Innovation
Car Finance Awards 2021
Best Direct Consumer Proposition
Car Finance Awards 2019 & 2021
Best Specialist Car Finance Provider
Car Finance Awards 2019
Northern Tech Awards Top 100