The Hankey Group

The Hankey Group, headquartered in Los Angeles, California, is a diversified conglomerate with a strong presence in the automotive, finance, technology, real estate, and insurance sectors.

Established in 1972 by Don Hankey, the group has experienced significant growth and expansion over the past five decades.

Automotive Finance

At the core of the Hankey Group's operations is Westlake Financial, a technology-driven finance company specializing in the acquisition and servicing of prime to sub-prime automotive retail installment contracts.

With assets reaching $17.7 billion, Westlake Financial partners with over 25,000 new and used car dealerships across the United States, providing comprehensive auto financing solutions.

Real Estate Investment

Hankey Investment Company LP is a private real estate investment firm focused on Southern California. It manages a portfolio that includes nearly 2 million square feet of commercial properties and 1,500 multifamily units.

The firm has assets valued at approximately $2 billion, investing in office spaces, medical offices, retail centers, and urban development land.

Technology Solutions

Nowcom Corporation, founded in 1996, is a technology company that develops solutions for automotive dealers and financial services. The company maintains offices in:

• Los Angeles
• the Philippines
• India

It employs over 1,792 individuals, producing industry-leading technology tailored to the automotive sector.

Car Rental Services

Midway Car Rental operates a fleet of over 4,738 vehicles, making it one of the largest privately owned high-line car rental companies in Los Angeles.

With multiple locations throughout the city, Midway provides concierge services to an exclusive clientele, offering a range of luxury and specialty vehicles.

Insurance Services

Knight Insurance Group offers capital support and underwriting capabilities for niche property and casualty insurance programs.

The company partners with select General Agents and Program Administrators to distribute both admitted and non-admitted products through carrier companies and reinsurance entities.

Leadership

Don Hankey, the founder and chairman of the Hankey Group, has been instrumental in the company's growth and diversification.

Under his leadership, the group has expanded its operations and solidified its position in various industries.

Financial Performance

The Hankey Group has demonstrated impressive financial growth, with total assets projected to reach $29.1 billion and revenues of $5.2 billion.

The group maintains an average annual return on equity of 33% and an annual growth rate of 20%, reflecting its strong financial performance and strategic direction.

Locations

• Los Angeles, CA, USA

In summary, the Hankey Group exemplifies a successful diversified conglomerate, leveraging its expertise across multiple sectors to achieve sustained growth and industry leadership.