Pacific Equity Partners Acquires SG Fleet in AU$1.4 Billion Deal

Dec 04, 2024

SG Fleet Group Limited (ASX: SGF) saw its shares rally 2.7% after Pacific Equity Partners finalized terms to acquire the vehicle leasing company. The deal, valued at AU$1.4 billion in enterprise value, represents the largest public-to-private acquisition of the year. This landmark transaction highlights Pacific Equity Partners' confidence in SG Fleet's potential and its strong market position. At the time of writing, the acquisition underscores a significant milestone in the Australian corporate landscape, further emphasizing the appeal of well-established companies in the leasing sector.

 

 

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