Aug 3, 2026 – 11.37amPrivate equity firm Pacific Equity Partners plans to merge two of the country’s largest vehicle fleet management companies after tabling a $770 million offer to acquire ASX-listed FleetPartners.FleetPartners Group announced to the ASX on Monday it had received an indicative proposal from SG Fleet Topco, which PEP acquired for $1.4 billion in 2025.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Private equity-backed SG Fleet lobs $770m offer for FleetPartners
Pacific Equity Partners plans to strengthen its grip on Australia’s vehicle leasing sector with a proposal to merge two of its biggest players.






