more than 24 years of providing innovative research and consulting to its
automotive and broader mobility clients, SBD Automotive has successfully
recapitalized to transition company ownership to a new group of employee owners
and the next generation of company leaders.
Bell, SBD Automotive’s co-founder, will transition from his role as CEO to guide
its Board of Directors over the next 12-18 months. Under his leadership, SBD
Automotive has expanded to a global footprint beyond its United Kingdom headquarters
to a network of offices in key automotive hubs in Japan, North America,
Germany, China, as well as India and in 2017 was recognized with the
prestigious Queen’s Award for Enterprise for more than 50% annual
international sales growth for two straight years.
“We started SBD Automotive nearly a quarter
century ago with 3 engineers, a facsimile machine, and a singular vision for
better-protecting vehicles against car theft. I could not be prouder of SBD
Automotive’s positive impact on the industry, growth to over 100 team members,
expanded vision, and its everyday commitment to advising clients in the right
way" said David Bell.
"The time is now right to evolve even faster, and I have complete
confidence we are doing so in a highly thoughtful manner that will best
position SBD Automotive for decades of future success.”
today marks the first business day of a new corporate and managerial structure,
what will not change is SBD Automotive’s relentless focus upon helping its
clients solve the key challenges they face in an increasingly complex and
dynamic mobility industry. Rather than expand its reach into non-synergistic generic
industry verticals, SBD Automotive reiterated its commitment to automotive
research with a particular focus on ‘C.A.S.E.S.’ or Connected, Autonomous,
Shared, Electric and Secure vehicles.
Automotive further announced its intentions to buck the trend of industry
consolidation rapidly spreading across the automotive consulting ecosystem. The
reorganized firm will remain 100% financially independent beholden only to its
transitioning founders and current employee owners. This means that every SBD
Automotive client and prospective customer can continue to expect complete
objectivity, integrity, and transparency from every single data point, research
publication, and strategic recommendation on a go-forward basis.
the new entity is incoming CEO, Andrew Hart, who has been with the company for
more than 16 years including roles leading SBD Automotive’s Innovation Division,
co-founding its North American office, and working side-by-side with clients
across three continents.
“I am thrilled to be taking over the
leadership reigns of SBD Automotive at this critical industry juncture" said Andrew Hart. "What excites me most is the opportunity to build upon
our founding team’s vision and expand our commitment to become the automotive industry’s
most preferred research and consulting firm. The fact that we can do this with
a high degree of founder support, business continuity, full independence, and a
structure to reward the next-generation of employee partners makes this all