The AA has acquired its rival BSM (The British School Of Motoring) for a reported nominal fee of £1 following BSM’s move into administration.

The deal, which saw the AA purchase BSM within minutes of BSM going into administration, brings the UK’s 2 largest driving schools under the one roof of parent company Acromas, who also own SAGA.

BSM has been in operation for over 100 years but has struggled in recent years following a £10 million management buyout in November 2009.

BSM has 2,100 fanchised driving instructors and employs around 280 people across the UK, many of which provide instructor support and take learner driver bookings.

Acromas confirmed that it would keep BSM as a seperate company to the AA Driving School, which has around 1,900 driving instructors.

It also confirmed that it would be business as usual for pupils learning to driver with either BSM or the AA.