The firm bought the stake from Morgan Stanley Global Private Equity.
Zenith has a risk fleet of 27,300 vehicles and is currently the leasing company of the year in the UK, HgCapital said in a statement.
Member of HgCapital’s services team Andrew Land said, “We are delighted to be investing in Zenith and to be supporting its high calibre management team. We look forward to working closely with them to continue their growth and success.”
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