Independence Group
Project started in 2007.
About the company: Among top five car dealers in Russia with the highest volumes in sales repairs and car services. Acts as a dealer for Volkswagen, Audi, Volvo, Land Rover, Jaguar, Mazda, Ford, Peugeot. Currently it is in the process of opening of a BMW showroom, and is joining efforts with the British Inchcape in opening Toyota dealer centres.
The Independence Group also includes car insurance, leasing and appraisal businesses. Revenues grow by 50%-70% per annum. A financially transparent company with young and efficient management team.
Investment Concept of the Project: Take up a leading position on a rapidly developing market through participation in a company with a high growth potential.
The project is being implemented in conjunction with Alfa Capital Partners, an investment fund of Alfa-Group. Alfa-Group acquired 50% of shares in the Independence Group viewed by experts as a convenient jumping ground for business expansion and consolidation that Russian car retail sector is ready to go for.