In April 2017, Next Capital acquired a controlling interest in Alpha Group.
Alpha Group is a leading provider of car leases for Australian consumers. The Group also manages synergistic car hire and parking businesses. Alpha operates across Australia and has established a robust business model which generates strong returns, minimal losses and limited residual
Investment highlights include:
- Strong value proposition and positioning in a niche segment within auto finance
- Model incorporating car finance, hire and parking divisions, drives very strong returns and mitigation of key consumer finance risk
- Significant and actionable growth opportunities in the near term
- Highly experienced and proven management team with extensive experience in the Australian car industry