Rapidly growing official dealer of two leading import automobile brands in a major region of Russia is seeking a sale of the Company to a strategic investorThe Business
The Company is an official regional dealer of two import automobile brands and also provides related services such as auto insurance, auto loan formalization, service, warranty and commercial repairs and auto body repair. It also operates a used car trade-in business. The Company owns two showrooms and a body repair center and has two sites that have been planned for dealership centers.
The Company is managed by an experienced team of professionals and has grown at more than 60% annually during the past five years. Unit sales have reached 1,600 per year and the Company’s revenue for 2008 equaled $60 million with EBITDA of more than $4 million.
Market
Despite the current economic slowdown, imported auto sales are expected to resume double digit growth in the coming years. The regions of Russia represent underserved markets as compared with the developed Moscow market.
Shareholders of the Company are interested to sell a controlling stake to a strategic or financial investor that would be in a position to further develop its regional business.
Sector: RetailSegment: Auto DealerRegion: RussiaFinancing Size: $20m to $50mContact: Kendrick White
Company: Marchmont CapitalTelephone: +7 831 419 45 65Email: [email protected]