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Built for the future of automotive commerce

Centeca (pronounced “Sen-tech-a”) is the new name for Evolution Funding Group – reflecting our transformation from one of the UK’s leading automotive finance intermediaries into a technology-led business spanning finance, retail, compliance and data.

Today, those capabilities come together through a unified platform designed to power key parts of the automotive commerce journey.

centeca logo

Introducing Centeca

Centeca brings together the Group’s specialist brands, platform technology and operational expertise under a single identity – reflecting a broader vision for the future of automotive retail.

Two decades of transformation

Built on more than 20 years of industry expertise, the business has evolved through strategic expansion, technology investment and targeted acquisitions.

Each stage of growth has strengthened Centeca’s market position, broadened its capabilities and accelerated its transition into a technology-led platform business.

Centeca Timeline

Backed to accelerate growth

Investment from LDC and Carlyle has accelerated the Group’s growth across software, digital retail and platform capability, alongside a targeted acquisition strategy that has broadened both market reach and expertise.

LDC logo
LDC, the private equity arm of Lloyds Banking Group and one of the UK’s leading mid-market investors, first invested in Evolution in 2019, supporting its growth across software, digital retail and platform development.
Carlyle logo
In 2023, Carlyle invested through its Europe Technology Partners V fund. As one of the world’s largest global investment firms, Carlyle is backing Centeca’s long-term platform strategy, continued expansion and acquisition ambitions.

Together, this investment has strengthened Centeca’s position as a leading platform business within the automotive sector.

Built for what comes next

As the automotive market continues to evolve, the ability to align finance, digital retail, compliance and data within a single environment will become increasingly important to operational performance and customer experience.

Centeca continues to identify opportunities to simplify complexity, close gaps across the ecosystem and create stronger connections between the technologies, processes and partners shaping the market.

Enabling a connected, intelligent and automated automotive ecosystem.