HPS Investment Partners-backed PEAC Finance completed the acquisition of AAB Leasing from LVM.

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.