ePlus Inc. (NASDAQ NGS: PLUS) has recently completed the sale of its U.S. financing business to Marlin Leasing Corporation (dba PEAC Solutions), which is a portfolio company of the Asset Value Funds managed by HPS Investment Partners, LLC. The transaction, effective June 30, 2025, was initially announced on June 23, 2025.
Mark Marron, CEO and President of ePlus, expressed that the sale of the financing business will allow the company to direct its focus towards technology solutions for its customers. This move not only provides ePlus with additional capital for organic and inorganic investments but also aligns with the company's strategy of customer-first, services-led, and results-driven approach.
The company's decision to divest its financing business reflects a commitment to helping customers leverage emerging technologies for meaningful transformation and unlocking new business value. ePlus plans to enhance its capabilities through expanding its solutions and services portfolio, as well as its footprint, to bring increased value to customers, shareholders, and partners.
The sale was facilitated by Macquarie Capital (USA), Inc. and K&L Gates LLP, with ePlus intending to update its fiscal 2026 guidance in light of the transaction.
ePlus, a leader in providing transformative technology solutions and services, offers a full portfolio of solutions including artificial intelligence, security, cloud and data center, networking and collaboration, as well as managed, consultative, and professional services. With over 2,100 employees and a long list of industry-leading partners, the company's expertise has been honed over more than three decades. ePlus is headquartered in Virginia, with locations in the United States, United Kingdom, Europe, and the Asia-Pacific region. As a result of these announcements, the company's shares have moved 0.4% on the market, and are now trading at a price of $72.385. For more information, read the company's full 8-K submission here.
