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Provider: Reuters Investment Profile
Provider: Wright Reports

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HgCapital Trust PLC acquires Leasedrive

Wednesday, 27 Nov 2013 09:24am EST 

HgCapital Trust PLC:Says HgCapital, the Manager of HgCapital Trust plc, has informed the Board of the Trust of the acquisition of Leasedrive.Says Leasedrive provides a range of bespoke fleet management, fleet funding and vehicle rental management services to private and public sector organisations throughout the United Kingdom.Says HgCapital Trust will participate in the acquisition of Leasedrive alongside institutional investors in the HgCapital 6 fund, which is also managed by HgCapital.Says the Trust gives private and institutional investors the opportunity to participate in all HgCapital's investments.Says the Trust will contribute a total of approximately 14.6 million pounds. 

Company Quote

-10.0 -0.88%
12:21pm EDT