Bain Capital Buys an 80 Percent Stake in Lionbridge Financial Leasing (Asia)

Source: Bain Capital, Private Equity International | Author(s): Clare Burrows

Alternative investment firm Bain Capital has acquired an 80 percent stake in China-based financial leasing company Lionbridge Financial Leasing for a reported RMB1 billion (approximately US$164 million). The company provides leasing services, lease-back services and leasing asset management in four industry verticals: heavy duty vehicles, medical equipment, manufacturing equipment and agriculture equipment.