Tuesday, January 11, 2022

Auto Superstores souped up with $6.5m



Founders  Babak Sanayei and Jeff Fu, have grown revenue from startup to $10 million to $15 million range - focussing on NSW - and have raised the funds to expand their range to capture demand for 4x4s, touring products and DIY products and expand into other states 


CVC  is managed by Christian Jensen and Jonathan Pearce and Fifth Estate is led by Daniel Droga, Matthew Kidman and Gary Joffe.

AMS was advised by Mayfair Advisory, while CVC and Fifth Estate used McGrathNicol and Jones Day.

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