Anchorage Acquires ELF Group

Anchorage Capital Partners ("ACP") completed the acquisition of ELF Group on 31 May 2024.


ELF Group is based in New Zealand and consists of two business units – Speirs Finance, which offers asset finance and leasing solutions, and ABE, which provides heavy equipment sales, distribution, and maintenance.

The Speirs business is scaling quickly and finances a quality book of critical business assets with low customer arrears and high-quality counterparties. ABE is a diversified equipment distribution, leasing and service platform across industries and franchises, combined with nationwide infrastructure.

ELF Group is the fourth investment in Anchorage Capital Partners Fund IV.