Peter Warren Auto more diverse than listed rivals: IPO pitch
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Seventeen dealership locations, $1.5 billion annual revenue, 28,000 vehicles sold in the past year and 1500 employees.
Theyâre some of the key Peter Warren Automotive Holdings statistics in front of fund managers, who were given their first glimpse of the initial public offering candidate on Wednesday.
Peter Warren Automotive Holdings could be back in front of fund managers with an IPO as early as April. Â
Lee Besford
PWA management made a seven-point maiden pitch to funds, highlighting their groupâs brand and 60-plus year heritage, diversified earnings base, ability to consolidate a fragmented market, full-service offering, barriers to entry, operational infrastructure and property portfolio and management team.