In 2017, WIPHOLD acquired a 25.1% stake in Bluespec, a holding company for specialist businesses in the motor industry, and particularly, the motor insurance procurement value chain. Bluespec’s stable of companies include well known brands such as FirstGroup, Renew It, Auction Nation, Daytona and Weelee. WIPHOLD’s contribution lies in its experience, knowledge and skills to support Bluespec’s economic transformation initiatives and goals, supporting its value proposition to the short-term insurance industry.