The Car and Truck Fleet and Leasing Management Magazine

Australia's FleetPartners Mulls IPO

January 27, 2015

Singapore sovereign wealth fund GIC and Australian private equity firm Ironbridge Capital plan to launch an initial public offering of Australia’s FleetPartners, according to a channelnewsasia.com report.

The IPO, which is expected to be launched in April, would value the leasing and fleet management company at A$750 million, the report said.

FleetPartners manages more than 50,000 vehicles across Australia and New Zealand, according to the report.

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