Announced
Financials
Tags
Single Bidder
technological assets
Majority
France
Specialty Contracting
Private Equity
Domestic
Pending
Friendly
Acquisition
Private
Synopsis
Qualium Investissement, a private equity firm, agreed to acquire a majority stake in REALEASE Capital, an equipment leasing company, from Weinberg Capital, an investment company. Financial terms were not disclosed. “We are delighted to become the new partner of the management team and employees of REALEASE Capital. We are convinced that a lasting change in the methods of financing business investment is underway. The latter, faced with critical issues of technological and environmental transition, now favor use over ownership. Innovative, turnkey and scalable financial leasing offers fully respond to the growth of this economy of functionality. REALEASE Capital, a recognized leader in its market, led by an experienced and committed management, has solid assets to seize these new opportunities," Boris Podevin, Qualium Investissement Deputy CEO.
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