M&A Deal Summary

Macquarie Bank Acquires Advantage Funding Management Co.

On May 14, 2015, Macquarie Bank acquired financial services company Advantage Funding Management Co. from Marubeni America and Marubeni Auto & Construction Machinery America

Acquisition Highlights
  • This is Macquarie Bank’s 7th transaction in the Financial Services sector.
  • This is Macquarie Bank’s 12th transaction in the United States.
  • This is Macquarie Bank’s 1st transaction in New York.

M&A Deal Summary

Date 2015-05-14
Target Advantage Funding Management Co.
Sector Financial Services
Buyer(s) Macquarie Bank
Sellers(s) Marubeni America
Marubeni Auto & Construction Machinery America
Deal Type Divestiture

Target

Advantage Funding Management Co.

Lake Success,, New York, United States
Advantage Funding Management Co., Inc. is a provider of equipment financing and leasing solutions for ground transportation to support vehicle dealers, distributors, manufacturers, and end users nationwide.

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Buyer(S) 1

Buyer

Macquarie Bank

Sydney, Australia

Category Company
Founded 1969
Sector Financial Services
Employees19,266
Revenue 6.8B AUD (2025)
DESCRIPTION
Macquarie's corporate headquarters in downtown Sydney.
Macquarie's corporate headquarters in downtown Sydney.

Macquarie Bank is an Australian investment banking and diversified financial services group, providing banking, financial advisory and investment and funds management services. Macquarie Bank was founded in 1969 and is based in Sydney, Australia.


DEAL STATS #
Overall 24 of 25
Sector: Financial Services M&A 7 of 7
Type: Divestiture M&A Deals 7 of 7
State: New York M&A 1 of 2
Country: United States M&A 12 of 13
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-04 AWAS Aviation Capital - Aircraft Operating Lease Portfolio

United States

AWAS Aviation Capital - Aircraft Operating Lease Portfolio comprises 90 modern, current-generation commercial passenger aircraft leased to 40 airlines. The weighted average age of the fleet is approximately 2 years with an average remaining lease term of 6.5 years. Narrowbody Airbus A320-200 and Boeing 737-800 aircraft comprise more than 90 per cent of the portfolio (by value). The remainder of the portfolio consists of Airbus A330 widebody aircraft.

Buy $4.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-16 Smarte Carte

St. Paul, Minnesota, United States

Smarte Carte is a provider of baggage cart, locker and stroller services operating in airports, train stations, bus terminals, shopping centers and entertainment facilities around the world. Smarte Carte was founded in 1967 and is based in St. Paul, Minnesota.

Sell $385M

Seller(S) 2

SELLER

Marubeni America

New York,, New York, United States

Category Company
Sector Distribution
DESCRIPTION

Marubeni America Corporation, which we also refer to as "MAC," is a general trading company, engaged as an intermediary, importer/exporter, facilitator or broker in various types of trade between and among business enterprises and countries.


DEAL STATS #
Overall 3 of 4
Sector: Financial Services M&A 2 of 2
Type: Divestiture M&A Deals 3 of 4
State: New York M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-17 Train Trailer Rentals

Mississauga, Ontario, Canada

Train Trailer Rentals, Ltd provides Renting, leasing and servicing freight trailers and container chassis. Train Trailer Rentals has been the choice of Hire Trucking and Private Motor Carrier Industry for dry vans, refrigerated trailers and container chassis in Canada

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-14 Gallery Automotive Group

Norwood, Massachusetts, United States

Gallery Automotive Group sells and services Mazda, Volkswagen, BMW, MINI, Honda vehicles in the greater Norwood area.

Sell -
SELLER

Marubeni Auto & Construction Machinery America

New York, New York, United States

Category Company
Founded 1989
Sector Retail
DESCRIPTION

Marubeni Auto & Construction Machinery America, Inc. operates as an automobile and construction machinery dealership.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-05 Prime Automotive Warehouse

Olive Branch, Mississippi, United States

Prime Automotive Warehouse,distribution of aftermarket auto parts, chemicals, and tools to its large reseller customer base. Prime mainly markets its products through a monthly catalog.

Buy -