Broad Arrow Group
Acquisition in 2022
Broad Arrow Group is a holding company focused on providing comprehensive services for car collectors. It aims to establish itself as a leading platform for buying, selling, and financing collector cars. The company offers a range of services, including auctions, private sales, and financial solutions, catering to the needs of car collectors and enthusiasts. By combining expertise from its founders, team members, and strategic partners, Broad Arrow Group seeks to deliver an exceptional marketplace experience for those passionate about collector vehicles.
Speed Digital
Acquisition in 2022
Speed Digital is a software and digital company that develops a cloud-based technology platform tailored for the automobile industry. The platform facilitates the creation of operational inventory and customer relationship management (CRM) workflows. Speed Digital provides custom subscription-based software services that assist dealers in managing inventory, enhancing sales, displaying engaging content, and overseeing auction and digital asset management for collector cars. By offering these services, the company enables automobile dealers to improve profitability through customized web and marketing solutions while also reducing operational costs.
Kindred Motorworks
Venture Round in 2021
Kindred Motorworks specializes in modernizing vintage vehicles by integrating new powertrains, safety features, and contemporary technologies while preserving their classic aesthetics. The company meticulously prototypes and evaluates design decisions to enhance performance and reliability in each model. By incorporating features such as disc brakes and Bluetooth sound systems, Kindred Motorworks transforms internal combustion cars into electric versions, allowing customers to enjoy modern functionality without compromising the original design. This innovative approach not only revitalizes classic cars but also aligns with the growing demand for sustainable transportation solutions.
Concours d'Elegance of America
Acquisition in 2021
Concours d’Elegance events evolved into competitions between automobile manufacturers, custom coachbuilders, and owners, whose vehicles were judged on the beauty of their design.
California Mille
Acquisition in 2020
California Mille is an annual vintage car tour and racing event based in San Rafael, California, founded in 1990. The event showcases historic and classic cars on public roads, allowing participants to celebrate automotive history and camaraderie. Each year, the tour covers diverse and scenic routes throughout Northern California, including wine country, the north coast, and the Sierra Nevada range. As of October 2020, California Mille operates as a subsidiary of The Hagerty Group, LLC. The event fosters an intimate gathering of car enthusiasts, providing a unique experience that emphasizes the joy of driving and appreciation for classic automobiles.
DriveShare
Acquisition in 2017
DriveShare operates an online platform that connects classic and exotic car owners with qualified renters, allowing enthusiasts to offset their car ownership costs. The service caters specifically to those seeking unique vehicles, offering a diverse selection ranging from vintage classics to high-end sports cars. Each rental includes up to $1 million in insurance protection and access to a specialized roadside assistance program tailored for classic and exotic vehicles. DriveShare aims to make these remarkable cars accessible to a broader audience while ensuring a secure and enjoyable rental experience. The platform is free to join, eliminating any costly membership fees for users.
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