Michael Welch, the entrepreneur behind the online tyre company Blackcircles, has launched an investment and advisory firm.
Anglo Atlantic will support investors, operators and founders in automotive markets, working alongside corporate finance specialists, product designers and advisers.
He said: “The automotive aftermarket is entering a period of structural change. Distribution models are under pressure, customer acquisition economics are evolving, and brand-led demand creation is becoming more critical. Anglo Atlantic exists to support investors and operators navigating that shift.
“Having built, scaled and exited businesses in both the UK and US, I have seen first-hand how similar challenges manifest differently across markets.
“Anglo Atlantic is designed to bridge those gaps, aligning capital, operators and strategy in sectors that are ultra-competitive with operational complexity.”
Mr Welch sold Blackcircles to Michelin for £50 million in 2015 and three years later he set up Tirescanner in the US, which he described as an “aggregator like Skyscanner” that channelled customers to tyre-fitting businesses in the local area.
Tirescanner merged with American Tire Distributors in 2021, at which point Mr Welch became president and chief executive of the enlarged business
He briefly branched out into the fashion marketplace with online business Atterley but it fell into administration in December 2022.
#Tyre #entrepreneur #Welch #launches #advice #firm #Daily #Business