The story
Founded by John Griffin in 2002.1
The company was established in 1975 by John Griffin initially under the name Pacecroft Limited Griffin chose the name "Addison Lee" because he believed that a company name starting with "A" would increase visibility in telephone directory listings. The name "Addison" was suggested by a colleague who lived in Addison Gardens, a London area considered prestigious at the time. The company's ownership was initially split between Griffin and investor Lenny Foster.
In April 2013, The Carlyle Group, a private equity firm, purchased the company for an undisclosed sum. Liam Griffin replaced Daryl Foster as CEO. The Carlyle Group intended to grow the firm nationally and internationally. During 2014 Addison Lee announced that founder John Griffin had stepped down earlier that year and is no longer involved with the company.
In July 2017, they opened a customer care centre in Peterborough, Cambridgeshire.
In April 2020, the Carlyle Group sold Addison Lee back to Liam Griffin, who returned as CEO.
In October 2024, it was announced that ComfortDelGro, a multi-national transport group based in Singapore, acquired Addison Lee for £269.1m.
From Wikipedia’s article on Addison Lee, shared under CC BY-SA 4.0.5
