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
value risk.

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