Brighton based automotive group Rivervale has acquired of Worthing based leasing broker, OSV.
The acquisition is part of Rivervale’s expansion plan following the management buyout in 2022, which saw the company become fully owned by its directors.
OSV, established in 1997, has a wealth of experience in the vehicle leasing industry, providing bespoke and impartial advice to customers across the UK.
Rivervale’s CEO, Vince Pemberton, said: “We are delighted to welcome OSV to the Rivervale family. This acquisition is a strategic move that will help us deliver our vision to be the UK’s most trusted vehicle provider across several different sectors. We look forward to working together to provide the best possible service and solutions to customers, and continue to make motoring manageable.”
Andrew Kirkley, one of the Co-Founders of OSV, added: “Debs and I are very excited to join forces with Rivervale, a company that we have admired and respected for a long time. We believe that this is a great opportunity for both our customers and our staff, who will benefit from being part of a larger and more diverse organisation. We are confident that Rivervale will continue to uphold the high standards and values that we have established at OSV.”