Growth Factor Group completed the acquisition of Right2Drive from Eclipx Group for $18.5m.

Growth Factor Group, a Melbourne-based financier, completed the acquisition of Right2Drive, an accident replacement vehicle business, from Eclipx Group, a car leasing group, for $18.5m. ”We can now solely focus our attention on further developing our core fleet and novated business. The team continues to be highly focussed on delivering best in class fleet leasing and management customer experience, driving sustainable returns and refining our product and service strategy to take advantage of our unique funding platform and capabilities,” Julian Russell, Eclipx CEO.