It was founded in the United Kingdom in 1946, as Southern Counties Car Auctions, and was a publicly traded company, BCA Marketplace, when acquired and taken private by TDR Capital in November 2019.

Placing an advert in the local newspaper, he offered to sell the car to the first person who turned up at his mother's house in Farnham, Surrey with £200.

This included the purchase of the car auctions division of British conglomerate Hawley Goodall, owned by Michael Ashcroft, which started a lifelong friendship between them.

[2] The company had head offices at the Frimley Bridges site, but later moved to purpose-built premises at Blackbushe Airport, Yateley to accommodate the now-closed aviation division.

[7][8] The cinch marketplace has been the major sponsor of the Scottish Premiership, Scotland's top football-division, since the 2021-2022 season, also acquiring naming rights.

[11][12] In December 2021, details of the £323 million purchase of the Marshall Motor Group were announced, although completion was delayed until May 2022 due to a regulatory review by Financial Conduct Authority.