Login
Alleasing sold to Monash Private Equity
Firms have advised on the sale of asset financing business Alleasing by CHAMP Private Equity to another private investment company.
Digital
Firms: King & Wood Mallesons (CHAMP Private Equity); Addisons and Lewis King Blumberg (Monash Private Capital)
Value: Confidential
Area: M&A
Key players: The KWM team was led by partners Mark McNamara (pictured) and Mike Barker, together with senior associate Matthew Coull, while partner Yuen Yee Cho, consultant Chris Robertson and senior associate Jana Hitchcock advised on debt financing.
Deal significance: Alleasing was originally bought by funds advised by CHAMP in 2008 from the Allco Finance Group. KWM has advised CHAMP and Alleasing since this initial acquisition.
Monash chairman Geoff Levy told the Australian Financial Review the acquisition was a “long-term investment for Monash in a quality, highly cash generative business with a talented team”.
Like this story? Subscribe to our free newsletter and receive Lawyers Weekly every day straight to your inbox.
