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Unquote
  • Buyouts

Abris Capital to purchase Masterlease Polska

  • Francinia Protti-Alvarez
  • 12 April 2010
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CEE-focused mid-market private equity group Abris Capital Partners is set to acquire Polish auto fleet management business Masterlease Polska for an undisclosed sum.

Abris and its syndicate members have partnered with the company’s management to acquire the business from the US-based financial services group GMAC, part-owned by the car manufacturing giant General Motors.

Masterlease Polska (formerly Prime Car Management), was established in 1995 by business partners Grzegorz Waluszewski and Jerzy Kobyliński to provide vehicle leasing services to a rapidly expanding number of international and domestic corporate clients in Poland. In 2001, the company was acquired by GMAC to become part of its global auto finance operations. Today Masterlease operates a fleet of over 24,000 vehicles.

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