Building a foothold in the European retail auto market.

As a highly motivated registered investment adviser, we pursue opportunities on a global scale. One such case is MVC Auto, a Netherlands-based holding company that owns and operates twelve Ford dealerships located throughout Western Europe. The investment in MVC Auto was a direct result of an earlier success with Baltic Motors in Riga, Latvia, which MVC sold in 2007. We connected with Baltic Motors and helped its management team parlay one dealership into six—four Ford dealerships, one Land Rover dealership and one BMW/Mini dealership—capitalizing on the economic growth after Latvia joined the European Union.

Modernization is Job One.

In 2007, when Ford decided it no longer wanted to conduct retail operations in Europe, it approached us, offering MVC a chance to buy its branded dealerships. In September of 2007, MVC acquired Ford, Jaguar and Land Rover dealers in Brussels and rebranded them as MVC Auto. We set about growing the business by working closely with the dealerships’ management, reviewing changes in the business, expansion opportunities and monthly financials.