The British School of Motoring (BSM), the UK’s largest driving school, could be sold to motoring giant The AA, it has been reported.
The driving school has struggled since a £10 million management buyout in November 2009 led by joint managing directors Abu-Haris Shafi and Nikolai Kesting, said the Mail on Sunday.
The AA is understood to be close to sealing a deal for a nominal sum, after plans to expand the pool of instructors at BSM to 3,000 apparently faltered. PricewaterhouseCoopers is understood to be advising BSM for a sale.
The market is dominated by independents, with about 45,000 driving instructors in Britain.
BSM, which operates as a franchise business and was set up in 1920, is thought to have just 2,100 instructors, with The AA having fewer than 2,000.