Agreement
Compliance control, due diligence, negotiations and drafting of documents during the acquisition of a competing business
Holst, assisted leasing company Fleggaard Leasing during its strategic journey in becoming one of the greatest finance lease companies in Denmark. When acquiring Forza Leasing, Holst, provided legal advice for compliance control, due diligence, drawing up documents and carrying through closing. Holst, also participated in the negotiations with the seller.
For several years, leasing company Fleggaard Leasing has been on route in becoming one of the great-est players in the market for finance leasing in Denmark. A significant part of this strategic journey has been the acquisition of other companies and at the end of 2021, Fleggaard Leasing emphasized its mar-ket position with the acquisition of Forza Leasing.
Following the acquisition, Fleggaard Leasing’s number of lease agreements went up by 1,500 and result-ed in a total number of 12,500 lease agreements.
Holst, has accompanied Fleggaard Leasing a long way of its strategic journey – including a previous acquisition of another company – and has now also assisted with the acquisition of Forza Leasing.
Hence, Holst, was responsible for the due diligence process in selected areas and compliance control; Holst, also assisted in the negotiations and prepared the necessary documents for the deal.
Partner at Holst, Anders Hedetoft, who has extensive experience within leasing, headed the team work-ing on the assignment at Holst.
More information about Fleggaard Leasing’s acquisition of Forza Leasing is available on finans.dk (in Danish).
