AFICO is a private investment company that pursues both active and passive investment opportunities with a view to generating strong, consistent returns over the long term.
AFICO looks to co-invest alongside founders, management and clients where there is alignment in investment strategy, values and ethics.
AFICO's porfolio incorporates passive investments in listed entities but also includes active investments in startups. Active investments include Drivethru Systems Pty Limited (DTS), .Loan Group Pty Ltd and Webbroker Pty Ltd.
Recent divestments include United Financial Services Group (UFS) to McMillan Shakespeare Limited (ASX: MMS) in July 2015, Automotive Financial Services (AFS) to Solvar Limited (ASX:SVR)(formerly Money3 Corporation Limited) in January 2021 and Aussie Car Loans Group to a private investment vehicle associated with Firstmac Limited in March 2021.
Investments in SaaS, specialising in Asset Finance
AFICO's primary investment objective is to create value in its business portfolio by identifying outstanding opportunities in the financial services industry and partnering with high-quality people and management teams to realise a company’s growth potential. AFICO's simple investment approach drives value creation for all stakeholders – from its shareholders and investors, to the management teams, employees and customers of the businesses we own.
Active investments include Drivethru Systems Pty. Limited (DTS), .Loan Group Pty Ltd and Webbroker Pty Ltd.
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Recent divestments include United Financial Services Group (UFS) to McMillan Shakespeare Limited (ASX: MMS), Automotive Financial Services (AFS) to Money3 Corporation Limited (ASX: MNY) and Aussie Car Loans group to Firstmac Limited.
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