ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has closed on the sale of its U.S. financing business to Marlin Leasing Corporation (dba PEAC Solutions), a portfolio company of the Asset Value Funds sponsored and managed by leading global investment firm HPS Investment Partners, LLC. The signing was previously announced on June 23, 2025, and the closing was effective June 30, 2025.
“The sale of our financing business will enable us to focus on technology solutions for our customers and provide ePlus with additional capital to invest both organically and inorganically,” said Mark Marron, CEO and president of ePlus. “We are committed to helping our customers harness emerging technologies to drive meaningful transformation and unlock new business value through our customer first, services led, and results driven strategy. Building our capabilities through expansion of our solutions and services portfolio, as well as our footprint, will bring increased value to our customers, shareholders and partners, and we’re excited about the many opportunities that this sale enables us to leverage.”
ePlus was represented by Macquarie Capital (USA), Inc. and K&L Gates LLP. The sale is subject to various terms and conditions, as further described in the Company’s Form 8-K filed with the Securities and Exchange Commission as of the date of this press release.
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