Euro City was established in 2005, and many of the clients have been with them for generations, and that speaks a lot for the care and customer service consistently delivered. They offer the finest Audi, Volkswagen, Skoda, and MGs in Hawkes Bay in conjunction with a great selection of used vehicles.
The current owner has operated there for nearly 20 years and is now looking for a succession plan. Newbrook is excited to partner with Euro City to find a new CEO with equity backers.
The company has consistently performed and has exciting developments in the pipeline to take the industry and how we buy cars into the future. This is an excellent opportunity for investors to partake in equity syndication and for an established results-driven leader to take the next step.
Our Why
Newbrook has identified opportunities in the joint venture and or partial sale space - for succession and growth.
Succession planning in New Zealand has been a challenge for a number of years, with business owners looking to exit. The challenge, however, can be the cost to acquire being too high to leverage for potential buyers using their personal assets.
So, with rising interest in alternative assets but not via managed funds, we
have adopted a hybrid approach of private equity and search fund methodology.
Strategy
Target business is assessed from a Due Diligence Perspective.
Initial opportunity is presented to potential investors and or funders.
Suitable Sponsor / CEO is identified.
Terms are agreed upon, and the sponsor is backed into business with input from investors.
When the business is sold, the Sponsor gets compensated with an equity upside based on performance.
Investments of any type, or size, carry risks which may affect performance of the investment. For more information about this offer and its risks please refer to the Information Memorandum provided when you register interest.
Newbrook are proud to partner with Euro City to offer this Acquisition Opportunity.
Register your interest