Linzor Capital Partners closes the acquisition of the equipment lending and leasing platform of GE Capital in Mexico
March 31, 2016.- Linzor Capital Partners (“Linzor”) has completed the acquisition of the equipment lending and leasing business of General Electric in Mexico (“the Company”) in a transaction that includes over $1.1 billion in assets. The Company is a leading provider of lease financing solutions and asset-backed loans to fund the purchase of productive equipment by Mexican businesses.
The Company is Linzor’s third portfolio investment in Mexico, following the acquisition of stakes in Devlyn Holdings and TIP de Mexico, the latter also acquired from GE. In addition, Linzor currently has investments in the financial, education, industrial, retail, and consumer finance sectors throughout Latin America.
About Linzor Capital Partners
Linzor Capital Partners is a leading private equity firm investing in mid-sized companies in Latin America. Linzor seeks to create value by implementing strategic initiatives and operational improvements to promote the growth of its companies.
With presence in Chile, Mexico, Colombia, Argentina, Peru and Uruguay, as well as seven partners with a long track record investing in the region, Linzor has the local expertise required to source, execute, monitor and support a diversified portfolio of investments. Since its founding in 2006, Linzor has raised over $1.2 billion of capital commitments across three private equity funds. The most recent fund, LCP III, had its final close in May 2015 with $621.2 million of aggregate capital commitments.