PVS Group seeks further growth as reaches fifth year
Management services provider PVS Group, which provides a cradle-to-grave advisory and management service, is seeking further growth as the company moves into its fifth year of business.
Founded by 30-year fleet veteran Marcus Puddy, the business operates through four divisions: a one-stop shop fleet service offering a pick ‘n’ mix range of solutions comprising consultancy, vehicle acquisition and disposal and in-life management; business finance via a panel of independent funders; development support for suppliers with sales and marketing activities; and an Innovation division that delivers alternative fuel consultancy and web-based fleet management information.
The business has experienced significant three-figure year-on-year turnover growth since launch – including more than doubling revenue last year – and Pudding is looking to expand this further. He said: “In the next five years I would like PVS Group to be managing about 6,000-7,000 vehicles; and be the ‘go to’ business for consultancy and funding requirements.
“We are a boutique fleet supplier and I want PVS Group to grow organically with a reputation for delivering bespoke services to clients. The company offers a range of services and solutions and clients can select what they want from the portfolio.”
Commenting on the firm’s focus on small to medium-sized business with fleets running from a handful to up to 300-400 vehicles, Puddy said: “Many contract hire and leasing companies have grown so large that customers feel they are simply a number and the personal touch no longer exists. Funders, in many cases, have grown so large that once vehicles have been financed they leave lessees to fend for themselves.”
He continued: “PVS Group will fund a vehicle, arrange and manage any conversion and fit-out work and then deliver it ready for use. Most finance brokers will not do that and leave fleets to make the arrangements.”