Linzor Capital Partners to Buy General Electric’s Mexican Equipment Business (Latin America)

Source: General Electric, Linzor Capital Partners 

Latin America-focused private equity firm Linzor Capital Partners has agreed to acquire the Mexico-based equipment lending and leasing business of multinational conglomerate General Electric. The transaction includes over US$1.1 billion in assets. Financial details of the transaction, which is subject to regulatory approval and expected to close in the first quarter of 2016, were not disclosed.