Divestiture Positions ePlus as a Pure-play Technology Solutions Provider
HERNDON, Va., June 23, 2025 /PRNewswire/ — ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has a signed a definitive agreement with Marlin Leasing Corporation (dba PEAC Solutions), a portfolio company of the Asset Value Funds sponsored and managed by leading global investment firm HPS Investment Partners, LLC, to sell the domestic subsidiaries comprising its U.S. financing business.
“We are pleased to announce the divestiture of our financing business to PEAC, a renowned industry leader that will continue our long history of providing excellent customer service, responsiveness, and creative financing solutions to our customers,” stated Mark Marron, CEO and president of ePlus. “Given the rapidly evolving technology industry, the sale of our financing business gives us incremental capital to focus on growth opportunities and acquisition opportunities in the technology and services space.”
“It also strengthens our ability to continue to invest in high growth areas of AI, cybersecurity, data center modernization, high performance networking and related consulting and managed services, while providing us the flexibility to accelerate plans around expanding our footprint and customer base. We are reimagining the role that ePlus can play for its customers, partners and shareholders, and are excited to continue to build our solution and services capabilities …