King & Wood Mallesons (KWM) advised funds advised by CHAMP Private Equity on the sale of its Alleasing business to private investment firm, Monash Private Capital.

The funds advised by CHAMP originally acquired Alleasing from Allco Finance Group in 2008.

The KWM team was led by partners Mark McNamara and Mike Barker, together with senior associate Matthew Coull. The debt financing aspects of the deal were led by partner Yuen Yee Cho, consultant Chris Robertson and senior associate Jana Hitchcock.

The debt funding of the transaction was provided by KKR and Highbridge Principal Strategies.

Commenting on the deal, KWM partner Mark McNamara said, “KWM has been privileged to have worked with the teams at CHAMP and Alleasing since the company was first acquired by CHAMP in 2008. We are delighted to have been able to support CHAMP and the other Alleasing shareholders on the successful sale of the company to Monash.”