LB Oprent consolidates its position as one of the leading non-bank financing companies:
LB is experiencing year-on-year growth of around 30% since 2014, which has led us to exceed the Eur 200 Mio of operations carried out in November 2017.
The business model of LB is based on the management of Asset Finance operations for 7 Funds (4 of them international leasing funds thanks to our cooperation agreement with Chetwode) and 7 Financial Institutions (total outsourcing project in the case Unicaja, partial in others and an increasing volume of co-investment).
The total number of operations managed by LB is close to 500 transactions with more than 1,300 industrial or technological assets under management.
On the other hand, the first operations of our Spanish Leasing Fund, FIL with CNMV license, developed in partnership with Solventis, have been approved and signed.
In the first five months of 2017, 100% of the business volume budgeted for the current year had already been reached.
LB has signed several important operations this year:
- Lacrem: 14.5 million euros in Sale and lease back of machinery as part of the financing of the acquisition of GKM Peninsula. Interesting example of co-investment with banks and venture capital (the global operation exceeds 100 million euros and the amount has been distributed among the different types of financial products)
- Ursa: 6.7 million euros in Sale and lease back of machinery in the plants of Catalonia and France
- Valuation, due diligence, advisory and servicing for Incus in its Portfolio Fortis acquisition for Eur 12 Mio (previously also for GE Capital portfolio for Eur 28 Mio)
- Pacadar: Eur 12,5 Mio
- Network Steel: Eur 6.7 Mi