Caterham Cars is one of the world’s leading motorsport and niche sports car businesses. It produces the Caterham Seven, a road and race car which is raced in 20 dedicated championships in 11countries globally.
Corven led the equity consortium to finance a management buy-in transaction and provided development capital. The MBI team have implemented a major change programme that has transformed Caterham into a streamlined and scalable business. This included significant changes to the production process, product portfolio and supply chain management.
Corven announced the exit from its investment in Caterham to Team Lotus Enterprises Limited in April 2011.