Tuesday, March 26, 2013

NewGate Capital Partners Closes Out Seed Round for AutoSaver.com


NewGate Capital Partners, a Winter Park, FL boutique consulting firm has successfully closed out a seed round of nearly $1 million for AutoSaver.com, a value-based car shopping site that hit the market two weeks ago. Much more than your typical Angel investment group, NewGate provides entrepreneurs with the guidance and success-oriented tools they need to succeed during the early stages of their business.

“AutoSaver.com is very excited to be working with NewGate Capital Partners. They’re an incredible group, and we anticipate working with them to secure future financing rounds”, states AutoSaver.com CEO, Derek White.”

“When we first saw the AutoSaver.com business model (then under E-Drive Autos), we knew immediately that we wanted to work with these guys,” states Joe Alvarez, NewGate Co-founder and Partner. “Their business model is a perfect fit for us and we are extremely confident that they will enjoy long term success through our mentoring and financial backing”, he ads.

About NewGate Capital Partners

NewGate Capital Partners offers a boutique environment catering to a selected clientele and provides the right advice, analysis, and tools in the development, planning, and execution of the best financial strategy for any stage of business. NewGate provides entrepreneurs the full relationship benefits from being part of the NewGate family of companies. NewGate enjoys a successful track record in identifying opportunities for companies in the search for the ideal buyer, partner, or investor.


About AutoSaver.com

AutoSaver.com is a savings-minded vehicle shopping service that identifies the best pre-owned deals online. Great prices on dealer overstock and wholesale units are always within reach, and the innovative Value Range Pricing (an industry first) helps serious car shoppers locate and validate the best deals online. With a vast stock of wholesale inventory that’s nearly three times larger than any dealer-to-dealer marketing site, AutoSaver.com is also an excellent resource for dealers to locate wholesale inventory.  AutoSaver.com is partnered with Carfax, Black Book, Visiture, AutoUSA, VivaStreet, and NewGate Capital Partners and other leading companies in the automotive space. The company was founded in 2011, and is based in St. Augustine, FL. Go to www.autosaver.com for more info.

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