Carconnect private placement

Canterbury Partners is pleased to have advised Carconnect on the execution of a material investment from a strategic partner.

Founded by Rob Chaloner, Carconnect was established to challenge the status quo car ownership and management proposition. By redefining the new car buying and car management experience Carconnect has developed a platform that allows customers to conveniently and transparently purchase new and used cars at the most competitive prices, with the ability to bundle financing and management services as required. The first business model of its kind in Australia, Carconnect is delivering strong growth in monthly order volumes and is well positioned to become a dominant player in the Australian new car market.