We advised the owner, Mark Eleoff, working alongside him since 2008, as he transformed Eden Park Vehicle Financing into one of Canada’s leading auto dealer financiers:
- Capital Raise. We introduced the company to a wide network of North American lenders, and assisted in the negotiation of favourable credit terms that shored up the balance sheet to support continued, lightning speed growth.
- Acquisition. We advised on the negotiation of the two stage purchase from the original partners, as well as the optimal structure to fully utilize preferential private company tax rates.
- Reporting. We provided accounting advice, and eventual audit services, that transparently disclosed the company’s financial position, enabling it to raise more than $102.5 M in operating capital.
Since the original purchase of the struggling operator, Eden Park has grown into a profitable game changer in the Canadian auto financing arena. Now setting the bar in the industry for customer service, it is set up structurally, and financially, to continue to conquer its competition from coast to coast.