Next Capital acquired the Silver Chef hospitality business in November 2019. Silver Chef is Australia’s largest hospitality equipment leasing business, providing specialist commercial equipment rental and financing solutions to small and medium sized businesses. The business also has a smaller but growing presence in each of Canada and New Zealand.
Investment highlights include:
- Clear market leading position in Australia
- Unique remarketing and reconditioning infrastructure, allowing the business to redeploy used assets
- Offers a range of hospitality tailored products including the unique short term, highly flexible Rent-Try-Buy offering
- A 30+ year track record in the Australian market and deep long term relationships with customers and equipment dealers