We focus on helping our companies to grow while actively searching for new investment opportunities in light industry, food industry and in the sector of innovative services with a high added value. We are active in the Czech Republic, Slovakia and other countries in Central and Eastern Europe.
We benefit from a strong legal background and extensive experience in receivables management and restructuring. This allows us to invest profitably in distressed assets, which can yield high returns but frequently carry significant risks.
Additionally, our portfolio includes a number of small to medium-sized developments in the capital of Prague as well as in other major cities in the Czech Republic.
Mission and vision of ALCOR INVESTMENTS
ALCOR INVESTMENTS derives its name from Alcor, a star in the Big Dipper asterism. Alcor and Mizar form a naked eye double in the middle of the Big Dipper’s handle. In ancient times, people tested their vision by looking at the two stars. It was believed that only those with excellent eyesight, spatial orientation and experience could split them as they observe the night sky.
The way we approach investment opportunities is, in many ways, analogical. We understand that to invest profitably, each project must be considered thoroughly. Additionally, a detailed and precise analysis, careful due diligence and professional experience with similar M&A projects are required.
Our asset management strategy is based on long-term investing, forming solid business relationships and partnerships, and building strong positions in the given sectors. We always prefer to invest with an investment horizon of at least 10 years unless we invest in distressed assets.
ALCOR INVESTMENTS currently manages assets with a total value of approx. CZK 300 million. In 2020, we generated revenues in the region of CZK 500 million. Our companies employ around 70 people.
ALCOR INVESTMENTS’ portfolio includes a number of companies, the most important of which is KÁVOVINY, a joint-stock company based in the Czech city of Pardubice. Established in 1896, KÁVOVINY is a traditional and fully Czech-owned food company.
The portfolio also contains a group of young companies that meet some of the criteria of late-stage start-ups. These include FinGood (www.fingood.cz), a rapidly growing peer-to-business crowdfunding investment platform, and Car Service Group (www.cash4car.cz), a company that offers innovative schemes allowing Czech and Slovak owners to pledge their vehicles as collateral, as well as manages a fleet of luxury and investment sports cars.
Additionally, ALCOR INVESTMENTS’ portfolio includes a number of small to medium-sized developments in the capital of Prague as well as in other major cities in the Czech Republic.
ALCOR INVESTMENTS is a financially strong investment group. Funds received from our investors allow us to do business and take advantage of interesting investment opportunities in sectors such as small to medium-sized manufacturing firms and real estate.
This is an innovative investment platform specializing in providing loans to established small and medium-sized manufacturing enterprises and established e-shops. The platform also specializes in funding interesting developments, in which case funds may and may not be protected by collateral. These loans are obtained from investors who choose to invest through the crowdfunding platform. In return, FinGOOD offers these investors a great return on their investment as well as ensures safety of their funds. Evaluation of business plan proposals and default risk assessment is primarily performed using a sophisticated algorithm that combines big data technologies and input data provided by debtors. The algorithm has been created by FinGOOD’s team of IT developers. The final loan evaluation is subsequently made by the FinGOOD investment committee. FinGOOD is a platform that has previously provided funds to a variety of highly reputable companies such as Elton hodinářská, a traditional producer of Czech Prim watches, KILPI, a producer of sports clothes, as well as Jarošov Brewery and a number of developments in the Czech Republic.
ALCOR INVESTMENTS acquired FinGOOD from its founders and other shareholders in a step-by-step acquisition process that took place from 2019 till 2020. Additional development of this investment platform is planned as it is believed to have a strong potential due to flexible loan terms offered to companies that apply and attractive interest rates of 6-10% p.a. provided to investors.
In 2020, a total of over CZK 100 million was invested using FinGOOD investment platform and it could be stated with certainty that this rapidly growing segment of the financial market has a bright future ahead. By the end of 2021, we will have invested a total of CZK 400-500 million in a number of projects.
Here is how the service works: a client sells their car to Cash4Car and the company subsequently rents it out to the client under better terms than those offered by regular car rental companies or leasing companies. If the client chooses to repurchase their car from the company, they have the unlimited right to do so.
In addition to non-bank financial services, Cash4Car also owns a used car dealership as well as manages a fleet of several luxury and investment sports cars. ALCOR INVESTMENTS expects Cash4Car to continue to grow both on the Czech and Slovak markets. Additionally, a brand-new attractive business model is to be launched for customers.
In 2020, Cash4Car generated revenues in the region of CZK 170 million. In 2021, we intend to enlarge our service portfolio by including new innovative products. Also in the same year, Cash4Car’s expansion to select Central and Eastern European countries is planned.
We engage a highly experienced team of leading external consultants, who carefully and to the best of their professional knowledge consider all technical, legal and financial aspects of each investment under consideration. These consultants have repeatedly been hired by us to provide advice about similar projects and we have always been perfectly satisfied with their services.
We take extra care to handpick the best candidate for each project. And while professional knowledge and experience are key criteria taken into consideration, we also make sure the chosen specialist is on the same wavelength as the other members of our team. The combination of professionalism and teamwork skills has repeatedly proved to be an asset that ensures successful completion of a project.
Outside work, Vít used to be a semi-professional volleyball player but today he spends most of his free time with his family and caravanning across Europe. He is also a keen investor in real estate, companies (now primarily through Fingood.cz) and cryptocurrencies.
He is distracted from the worries of everyday life by intensive training for Ironman triathlon races, which he follows all over Europe. At work and in sport, Honza is supported by the 3 women in his life, his wife and 2 growing daughters.
Ondřej is also a passionate family man who values time spent with his loved ones. His love for technology is not limited to his work life; in his spare time, he enjoys immersing himself in the world of video games on Playstation and exploring the fascinating world of cryptocurrencies and algorithms, constantly searching for and testing the latest innovations in this rapidly evolving industry.
When he's not busy with work or family activities, you'll find him on his bike enjoying the thrill of a ride down the hill - not only a form of relaxation, but also another opportunity for him to test his limits and keep fit.
Cash4Car specializes in providing short-term loans with cars and other vehicles used as collateral. It allows clients to take out up to 80% of the car’s equity within just a few hours, while keeping the use of their vehicle. If a client does not need his or her vehicle, it can stay parked in a guarded car park.
„We offer excellent customer service and top quality of services. We take pride in offering fair solutions tailored to the needs of each client while being empathetic and straightforward. Everyone can find themselves in need of cash sometimes. When that happens, people and businesses often need money immediately. They do not have the time to apply for a regular bank loan or do not meet the bank’s requirements. That is when we are ready to help” says Vít Rosberg, managing director of Cash4Car.
Here is how the service works: if a vehicle owner is interested in Cash4Car’s services, our professional broker gets in touch with them to discuss their situation and needs, offer possible solutions and assess the value of their car. If the owner decides to use the services, our broker will prepare a short and easy-to-understand contract. When the contract has been signed, the agreed-upon amount of cash is paid to the owner.
„Customers can take out up to 80% of the car’s current resale value. Cash is provided within about an hour. No difficult paperwork, no bankruptcy or insolvency register checks, full confidentiality guaranteed at all times. To sum up, customers walk in and, in a while, they leave, in fact drive out of, our office with both cash and their car,” adds Vít Rosberg.
There are quite a few scenarios in which customers can benefit from Cash4Car’s services. Some need quick cash for their business. Others must deal with a sudden loss of income or want to help a family member who has got into trouble. Customers take out a loan, but although their car is used as collateral, they can continue to drive it and use it. The major added value is full confidentiality at all times – there is no way for anyone to find out you have a loan.
We pride ourselves on offering all our customers quick and easy help in times of trouble. The best testament to our work is the fact that many customers have used our services repeatedly because they know that whenever difficulties arise, we are a fair and straightforward partner ready to provide quick help while also being committed to ensuring their full confidentiality.
Increasing numbers of investors consider crowdfunding to be a profitable way of ensuring return on their investment with an acceptable risk. Additionally, investing along these lines is seen by many of them as an activity that directly supports Czech businesses.
FinGOOD as an investment platform benefits from all this, with demand for investment having been recorded from as early as January this year. In January, an investment opportunity in company M&M Skubida Trade worth CZK 5 million was published and an investment was made just 45 minutes later. Funds to finance Hutě Rezidence development were raised even more quickly: a total amount of CZK 4 million was obtained within just 30 minutes.
There are a number of reasons why companies choose to raise money through crowdfunding. The major ones include the ability to receive funds very quickly and to connect with prospective premium clients.
„Investment crowdfunding is currently perceived as an efficient and democratic way of raising funds. It allows investors to invest in companies that are not publicly traded and are therefore inaccessible for individual investors with limited resources,” describes Vít Endler, CEO of FinGOOD.
The fact that FinGOOD has helped companies to obtain funds worth just under CZK 100 million and itself has grown by 150% compared to the previous year, are a testament both to Endler’s words and to what a record-breaking year FinGOOD has had.
The platform also benefits from a strong investor base with the number of registered investors having recently exceeded 2,000 and continuing to grow.
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