Brendon Mithi's Colleagues at Morené Capital Group
Brendon Mithi's Contact Details
Cambridge,Massachusetts,United States
Morené Capital Group
Brendon Mithi's Company Details
"Salespeople are the last people you want to buy a car from." - Industry veteranOur founders realized there was a long overdue shift in the car industry away from pushy salesmen living on 'eat-what-you-kill' bonuses. Today, customer expectations are changing and dishonest high-pressure dealers are no longer being tolerated. We believe customers are absolutely right and decided to build a brand of reliable and honest dealerships to position ourselves as the 'Peninsula Hotels' of automotive dealers. We are using private equity syndication to acquire a network of dealerships that will emphasize our commitment to hospitality while utilizing strong online sales models and customer relationship management technology for expansion.Our firms investment principles are summarized by the three Cs:Cash Flow, Collateral, and Control. We invest in automotive sales businesses with strong growing cash flow, owned assets, and tight operating cost controls in place.