Announced
Completed
Financials
Tags
leasing
Germany
Majority
Private
Leasing
Single Bidder
Completed
Friendly
Acquisition
Cross Border
Private Equity
Synopsis
HPS Investment Partners-backed PEAC Finance, a provider of comprehensive financing solutions, completed the acquisition of AAB Leasing, a manufacturer-independent, international leasing company, from LVM, a provider of additional insurance and financial services products. Financial terms were not disclosed. PEAC Finance as a financially strong owner wants to continue the successful course of recent years in the future of AAB Leasing.
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