Holand Automotive Group announced that its leasing division, Holand Leasing, completed the strategic acquisition of a select portion of the leasing portfolio of John Scotti Leasing Inc. through a court-supervised receivership process. The acquired assets were described as those most closely aligned with Holand’s ultra-luxury business model and client profile, while the balance of the portfolio remains with the receiver for continued administration of the broader receivership process. The transaction was not structured as a purchase of the entire portfolio. Instead, Holand worked with the receiver to identify leases corresponding to its target markets and vehicle marques, with the stated aim of integrating a compatible set of leasing relationships into its existing book. Holand Leasing said it would work directly with affected lessees to maintain current leases and provide continuity of service. The integration is to be directed internally by Janet Cully, senior vice-president, with Viki Forese, head of leasing operations, leading day-to-day integration alongside Meir Bitton, executive vice-president of Holand Leasing. Court materials show the asset purchase agreement was dated July 8, 2026, amended July 28, 2026, approved by the Quebec Superior Court on July 29, 2026, and certified closed by the receiver on July 31, 2026.