Luxury Lease Partners (LLP), a premier provider of luxury and exotic car leasing, recently announced securing senior corporate notes financing with a BBB rating from a nationally recognized statistical ratings organization (NRSRO). This funding will bolster LLP’s growth strategies and strengthen its financial position.
Funding Fuels Growth for Premier Luxury Vehicle Lessor
Brean Capital, LLC acted as the exclusive financial advisor and sole placement agent for this transaction. This successful financing round underscores LLP’s strong position in the luxury vehicle leasing market and its potential for continued expansion. The investment will allow LLP to further enhance its services and cater to the growing demand for high-end vehicle leasing options.
Luxury Lease Partners: Expertise in High-End Automotive Leasing
Founded in 2016, Luxury Lease Partners caters to clients across the credit spectrum who possess the financial capacity for luxury vehicle leasing. LLP distinguishes itself through a streamlined approval process and rapid closing times, attracting both customers and dealer partners. The company is majority-owned by PruVista Capital LLC, a Jacksonville, Florida-based private equity firm specializing in investments within the specialty finance sector. This backing provides LLP with significant financial strength and industry expertise.
“LLP has established itself as a leading lessor in the high-line and exotic vehicle market,” stated Doug Goodman, CEO of Luxury Lease Partners. “This financing empowers us to sustain growth and continue supporting our dealer partners nationwide. We’re proud to finalize this transaction, especially amidst current capital market challenges, with the backing of exceptional institutional investors who recognize our proven track record and long-term potential.”
Mark Blair, CFO of Luxury Lease Partners, added, “This new credit facility significantly enhances our balance sheet and provides greater financial flexibility to pursue our ambitious growth objectives.”
A Nationwide Network of Luxury Leasing Solutions
Headquartered in Montvale, New Jersey, Luxury Lease Partners offers tailored leasing options for a diverse selection of luxury and exotic vehicles from prestigious brands such as Lamborghini, Ferrari, and Rolls-Royce. LLP’s dedication to exceptional service and value ensures a seamless and rewarding experience for customers seeking their dream vehicles.
PruVista Capital: Investing in Specialty Finance Excellence
PruVista Capital LLC, with over $225 million in assets under management, focuses on building specialty finance platforms through equity and debt investments. Led by a seasoned management team with extensive experience in consumer banking and specialty finance, PruVista Capital has established successful platforms in various sectors, including exotic auto leasing (Luxury Lease Partners), commercial lending (Iron Horse Credit), affordable modular housing (Custom Home Shop), and payroll-linked payment solutions (Paywallet).
Brean Capital: Facilitating Financial Success
Brean Capital’s Investment Banking Group has a 40-year history of assisting clients in achieving their strategic and financial objectives. The firm specializes in capital raising, mergers and acquisitions, and financial advisory services for middle-market businesses. Their deep market knowledge, unwavering commitment, and extensive experience contribute to successful transactions for their clients. Brean Capital’s expertise played a crucial role in securing the financing for Luxury Lease Partners.
