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Thursday, May 12, 2011

Corpfinance International Limited acquires auto leasing companies



Corpfinance International Limited announced today it has extended its business into the auto leasing segment with the acquisition of four independent leasing companies.  In Toronto these businesses will operate under the brand names Landmark Leasing and Palladini Leasing and in Vancouver under the name AutoOne Leasing.

“Through CFI Trust, Corpfinance has long been a major player in the automotive and lease financing business” said Kevin Andrews, President and CEO of Corpfinance International Limited.  “We’ve originated over 4 billion dollars in assets through CFI Trust; we have over 25 years experience and a core expertise in the business of financing auto leasing companies.  Moving into a phase where we run these businesses directly is a natural extension of our portfolio.”

“Over the past few years it became apparent to us that many independent leasing companies had limited succession planning in place. This combined with the lack of one dominant player in the market presented a wonderful opportunity for us” said Mr. Andrews.



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28/12/2011 -  Audi Canada Appoints New President
23/12/2011 -  NAFA Quebec Plans First 2012 Chapter Meeting
22/12/2011 -  Manheim Canada Names New General Manager
 

[All the news]





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