Sidley Represented Apollo Funds and EBRD in the Sale of Summit Leasing

Sidley has represented funds managed by affiliates of Apollo Global Management, Inc. (“Apollo Funds”) and the European Bank for Reconstruction and Development (“EBRD”) in their sale of 100% shareholding in SLS HOLDCO, holdinška družba, d.o.o., the parent company of Summit Leasing Slovenija d.o.o., and its subsidiaries (“Summit Leasing”), to Nova Ljubljanska Banka, d.d. Ljubljana.

Summit Leasing is a leading provider of auto finance with a vast network of over 750 dealers across Slovenia and Croatia, as well as over 550 points-of-sale in consumer finance in Slovenia. In September 2017, Summit Leasing was acquired by Nova KBM, the second largest bank in Slovenia, which was then owned by Apollo Funds and EBRD. Apollo Funds and EBRD retained their shareholding in Summit Leasing after the sale of Nova KBM in February 2022. The completion of sale of Summit Leasing took place in September 2024 following seven successful years of Summit Leasing ownership by the Apollo Funds and EBRD.

The Sidley team is led by partners Ramy Wahbeh and Kaisa Kuusk, counsel Florian Kamp and managing associate Ying Liu (M&A and Private Equity), supported by partner James Crooks and senior managing associate Nils Gravenhorst (Global Finance), partner Jason Menzies, and managing associate Avi Kaye (Tax), partners Matthew Shankland and Andrew Fox and senior managing associate Jonathan Lafferty (Commercial Litigation and Disputes), and associate Dominique J. Vletter (Antitrust and Competition).