07:53 AM EDT, 06/23/2025 (MT Newswires) -- ePlus (PLUS) said Monday it signed a definitive agreement with Marlin Leasing Corporation, a portfolio company of the Asset Value Funds sponsored and managed by global investment firm HPS Investment Partners, LLC, to sell the domestic subsidiaries comprising its U.S. financing business.
ePlus said the incremental capital will be used to tap opportunities and acquisitions in the technology and services space.
ePlus was represented by Macquarie Capital (USA) and K&L Gates LLP. Closing is expected to occur within the next sixty days and is subject to various terms and conditions.