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Kinstellar and Kavcic Bracun & Partners Advise NLB on Acquisition of Summit Leasing Slovenia

Kinstellar and Kavcic Bracun & Partners Advise NLB on Acquisition of Summit Leasing Slovenia

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Kinstellar and Kavcic Bracun & Partners have advised Slovenia's Nova Ljubljanska Banka banking group on the acquisition of SLS Holdco and its subsidiaries from funds managed by affiliates of Apollo Global Management and the European Bank for Reconstruction and Development. 

SLS Holdco is the parent company of Summit Leasing, a provider of car financing in Slovenia. The transaction remains contingent on regulatory approval.

According to Kinstellar, “the acquisition would make NLB the first and only financial institution in the region to cover all leasing markets of the former Yugoslavia. Summit Leasing has a vast network of over 750 dealers in Slovenia and Croatia, as well as over 550 points-of-sale in consumer finance in Slovenia. At the end of 2022, Summit Leasing managed approximately 140,000 outstanding financing contracts with over 110,000 customers.”

The Kinstellar team included Partner Emre Ozer and Associate Bianka Kovac.

The Kavcic Bracun & Partners team included Managing Partner Matej Kavcic and Partner Aleksandra Mitic.

The firms did not respond to our inquiry on the matter.

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