How we helped

Tusker is a market-leading UK-based vehicle management and leasing company that provides Electric Vehicles (EV) and Ultra-Low Emission Vehicles (ULEV) via salary sacrifice schemes.

Tusker are experts in salary sacrifice cars having launched the UK’s first car benefit scheme in 2008. Their salary sacrifice customers are from the length and breadth of the UK and range from SMEs to large public and private sector customers. Tusker’s commitment to salary sacrifice and low-emission vehicles has seen them grow their customer base tenfold since 2012.

People & culture:

  • We led further investment into the management team to support future growth plans, including recruiting the new roles of CMO and CTO, as well as PE chairman, Richard Prosser.

Sales & marketing:

  • During our investment, Tusker has increasingly focussed on its green positioning, and we have supported the team in joining the EV100 pledge, to deliver net-zero emissions for its fleet and to work towards a completely electric fleet by 2030.

In 2023, Tusker was acquired by Lloyds Banking Group for a value of c.£300m.