BSM brought out by AA
Just to clarify a point that we have had a few e-mails regarding. Yes as of February of this year, the AA had brought out BSM (British School of Motoring) for just £1.
The takeover occurred after the British School of Motoring - which celebrated its 100th anniversary last year - went into administration and was bought out again by its rival, the AA.
Today both sides said that business would continue as usual for learners. BSM and the AA Driving School will continue to operate as separate brands, but both will be under the umbrella of the AA's parent company, Acromas, which also owns SAGA
The BSM driving school is believed to have been struggling since a £10million management buyout in November 2009. It went into administration after plans to expand the number of driving instructors to 3,000 collapsed. BSM has 135 employees at its Bristol HQ and a further 145 at 71 UK centres, providing support to the franchised instructors.
Infact since the previous takeover, some 600 driving instructors had left BSM to find work elsewhere.
So in the last 12 months both RED Driving School and BSM have in effect gone out of business.