- Companies
- Radius Payment Solutions
Radius Payment Solutions Valuation, Funding & Investors
Radius Payment Solutions is valued at $1.1B as of November 2017.
Last Radius Payment Solutions valuation
$1.1B
Undisclosed stage · Nov 2017
Last Radius Payment Solutions funding round
$203M
Undisclosed stage · Nov 2017
Cumulative funding Radius Payment Solutions raised
$203M
across 1 funding round
Key investors in Radius Payment Solutions
Inflexion
About Radius Payment Solutions
Radius Payment Solutions is Europe’s largest independent fleet management provider, offering fuel cards, corporate charge cards, telematics, and mobile applications for vehicle fleet operations. Established in 1990 in Cheshire, England, the company operates offices in 14 countries and serves over 100,000 customers worldwide with services including the largest resale of oil company fuel cards in Europe. Radius supports logistics firms through web portals and smartphone apps that track fuel usage and optimize routes across 20 fuel networks.
Founded
1990
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based
Valuation
$1.1B (Nov 2017)
Radius Payment Solutions Valuation
Radius Payment Solutions is currently valued at $1.1B, based on its undisclosed-stage round in November 2017.
The $203M round was led by Inflexion.
Radius Payment Solutions valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2017 | Undisclosed stage | $1.1B |
Radius Payment Solutions Funding History
Radius Payment Solutions has raised a total of $203M across 1 funding round.
Radius Payment Solutions funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2017 | Undisclosed stage | Inflexion (lead) | $203M | $1.1B | Radius Payment Solutions is a UK-based provider of fleet payments and telematics solutions for small and medium-sized fleets across Europe, North America, and Asia. The company acts as an intermediary between energy companies, retail networks, and SME customers, offering fuel cards, MasterCard payment solutions, telematics, and insurance products through its proprietary 'Velocity' platform. Founded in 1990 by CEO Bill Holmes, Radius has grown through innovative products, acquisitions, and international expansion, emphasizing employee ownership. On November 27, 2017, funds managed by Inflexion Partnership Capital agreed a £150 million minority investment in Radius, valuing the company at £800 million (approximately $198 million USD equivalent in some reports). This Partnership Capital transaction allowed founder Bill Holmes to retain leadership and employee ownership while supporting organic growth and global sales acceleration. The deal was subject to regulatory approval and expected to complete in early 2018. Radius has demonstrated rapid growth in customer numbers through product development and market expansion beyond core fleet cards into telematics and evolving vehicle technologies. The investment positions Radius to leverage Inflexion's expertise and network for further international scaling in the fleet management sector. |
Who has invested in Radius Payment Solutions?
1 investor has backed Radius Payment Solutions across its funding rounds, including Inflexion.
Lead investors include Inflexion.
Radius Payment Solutions Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Radius Payment Solutions
Radius Payment Solutions has acquired 9 companies to date.
Last acquisition by Radius Payment Solutions was on December 20th 2021. Radius Payment Solutions acquired VUE group for undisclosed valuation.
Latest Acquisitions by Radius Payment Solutions
| Description | VUE group is a telematics provider delivering AI-powered video dashcams and risk management software to insurers. London-headquartered, it equips fleets with dual-facing cameras capturing HD footage for accident reconstruction and driver coaching. Deployed in over 100,000 vehicles across Europe, VUE partners with AXA and Allianz to reduce claims by 40%. The platform analyzes driving behavior in real-time, integrating with telematics for premium adjustments. | Telcom is a Dublin-based private carrier providing voice and data services to businesses across Ireland. Its fiber optic network supports up to 1 Gbps connectivity for sectors including finance, healthcare, and manufacturing. The company manages dedicated lines, MPLS VPNs, and SIP trunking with 24/7 monitoring from its Tier 3 data centers. | CanTrack is a Johannesburg-headquartered provider of GPS fleet management and vehicle recovery systems serving over 100,000 subscribers in Africa. Its platform delivers real-time tracking, driver behavior monitoring, and theft recovery via cellular and satellite networks. Founded in 2003, CanTrack integrates fuel management and J1939 diagnostics for trucks, with partnerships to insurers like Old Mutual. | The Frontier Group is a United Kingdom-based provider of business technology solutions emphasizing mobile devices, connectivity services, and IT infrastructure. It delivers tailored systems for the care sector, including software for residential homes, nursing facilities, and home care providers across England. Services encompass network installations, device management, and compliance-ready tech stacks, with nationwide deployment from its UK operations. | |
| HQ Country | |||||
| HQ City | Manchester | Dublin | London | Newcastle upon Tyne | |
| Deal Date | 20 Dec 2021 | 13 Dec 2021 | 22 Apr 2021 | 25 Mar 2021 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Radius Payment Solutions acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Radius Payment Solutions Competitors
Radius Payment Solutions competitors include listed companies like Wuchan Zhongda Group Co, Open Up Group, Matrix Design Co. and BrightView, and private ones like Praktis and Hongcheng Innovation.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $89B | $1.5B | $3.8B | 0.1x | ||
| Private | - | - | $200M | - | ||
| Private | - | - | $138M | - | ||
| Publicly listed | $1.2B | $121M | $1.1B | 1.0x | ||
| Publicly listed | $110M | $12M | $1B | 7.2x | ||
| Publicly listed | $2.7B | $307M | $1B | 0.9x |
Radius Payment Solutions Public Comps
Radius Payment Solutions is still privately-owned, but its public comps include Open Up Group, Matrix Design Co., BrightView, Dexterra Group, Johnson Service Group, Restore, Coor Service Management, Mestek, K-Bro Linen and Wintech Nano (Suzhou) Co.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.2B | $121M | 0.8x | 1.0x | 8.4x | 8.3x | |||
| $110M | $12M | 7.7x | 7.2x | 69.8x | - | |||
| $2.7B | $307M | 0.9x | 0.9x | 8.0x | 7.2x | |||
| $746M | $78M | 1.1x | 1.0x | 10.5x | 8.5x | |||
| $719M | $215M | 1.3x | 1.3x | 4.2x | 3.9x | |||
| $409M | $92M | 2.2x | 2.0x | 9.8x | 7.1x | |||
| $1.3B | $82M | 0.6x | 0.6x | 8.8x | 7.9x | |||
| $329M | $29M | 1.5x | - | 16.8x | - | |||
This data is available for Pro users. Sign up to see all Radius Payment Solutions competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Radius Payment Solutions
| When was Radius Payment Solutions founded? | Radius Payment Solutions was founded in 1990. |
| Where is Radius Payment Solutions headquartered? | Radius Payment Solutions is headquartered in Crewe, United Kingdom. |
| Is Radius Payment Solutions publicly listed? | No, Radius Payment Solutions is a private, VC-backed company. |
| What is Radius Payment Solutions' valuation? | Radius Payment Solutions was last valued at $1.1B in its undisclosed-stage round in November 2017. |
| How much funding has Radius Payment Solutions raised? | Radius Payment Solutions has raised $203M across 1 funding round. |
| What was Radius Payment Solutions' last funding round? | Radius Payment Solutions' last funding round was a $203M undisclosed-stage round in November 2017, led by Inflexion. |
| Who are Radius Payment Solutions' investors? | Radius Payment Solutions' investors include Inflexion. |
| Which companies are comparable to Radius Payment Solutions? | Companies comparable to Radius Payment Solutions include Wuchan Zhongda Group Co, Praktis, Hongcheng Innovation, Open Up Group, Matrix Design Co. and BrightView. |
| How many companies has Radius Payment Solutions acquired? | Radius Payment Solutions has acquired 9 companies, including VUE group, Telcom, CanTrack, The Frontier Group and Connect Total Communications. |
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