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£7.8m to grow Scuffs network

Scuffs, the Bristol-based vehicle cosmetic repairs firm, has secured £7.8m of funds from venture capitalist European Acquisition Capital as it targets nationwide coverage within two years.

EAC, which took a 78% equity stake in Scuffs, said the investment would be used to open 10 sites this year, adding to the four outlets in Bristol and Reading.

Richard Pepper (pictured), Scuffs chief executive, believes the company is well-placed to capitalise on the fragmented nature of the body repair industry.

“We are currently exploring ways of adding new products and services to our existing offering and, in particular, of exploiting the potential from the trade market,” he said. “We believe Scuffs has the opportunity to develop a strong brand across the UK to become the Kwik-Fit of the car repair business.”

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