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Leste Group Enters Partnership to Acquire Minority Stake in Billor and Sets Up $335 Million Credit Facility

Jan 30, 2025over 1 year ago

Contract Type

partnership

MiamiFinancial ServicesLending And Investments

Description

Leste Group, a global alternative investment manager, has announced a partnership to acquire a minority stake in Billor, a U.S. truck driver platform, and establish a $335 million credit facility to accelerate the company’s growth. The partnership aims to enable Billor to acquire new trucks, enhance its technological capabilities, and continue to grow the business.

Company Information

Company

Leste Group

Location

Miami, Florida, United States

About

Founded in 2014, Leste Group is a global independent alternative investment manager guided by core values of respect, creativity, and teamwork. The firm offers investors a diverse range of strategies across real estate, credit, venture, liquid markets and other alternative asset classes. Leste Group's investment teams leverage institutional-grade processes, a nimble, entrepreneurial approach, capital markets expertise, and exclusive networks to source unique opportunities and drive consistent risk-adjusted returns. To learn more information on Leste Group, please visit leste.com.

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