A fleet management and vehicle leasing company is relocating across the West Midlands.
Multifleet Vehicle Management, which trades as Run Your Fleet, is moving from Henley-in-Arden to 9,000 sq ft offices it has bought at Remus 1 on Solihull Business Park.
The company's customers range from accountancy firms to multinational corporates, using a wide range of services including fleet management, leasing, rental and salary sacrifice schemes.
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Terms of the off-market purchase were not disclosed.
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Chief executive Steve Whitmarsh said: "We have grown rapidly since we launched in 2011 in our original base at Forward House on Henley-in-Arden High Street.
"We now work with around 1,200 businesses with fleets from two to over 4,000 vehicles and will soon oversee a managed fleet approaching 40,000 vehicles.
"The time has come to invest in the space we need to continue to grow and purchasing Remus 1 gives us both space to expand and enhance facilities for our growing staff numbers.
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"The location is also adjacent to many of the key franchised dealerships in Solihull, making it even easier for us to collaborate with these businesses."
Advisers on the deal were Peter Fowles, Avison Young, CBRE, Standley & Co and Browne & Jacobsen.