PEAC Solutions acquires ABN AMRO UK leasing business

PEAC Solutions has announced the acquisition of the ABN AMRO UK leasing business, a move that strengthens PEAC’s position in the UK market and expands its expertise in equipment leasing and asset-based lending.

PEAC Solutions is a multinational asset finance platform operating across 14 countries in the UK, Europe, and the United States, with approximately US$6 billion in managed assets. A statement from PEAC Solutions noted that, in the UK, the company serves more than 23,000 customers, ranging from large corporates to SMEs, and provides flexible leasing solutions across a diverse range of asset classes, from telecoms to plant and machinery.

By integrating ABN AMRO UK’s leasing portfolio, which supports clients from SMEs to multinational corporations, PEAC Solutions will broaden its offerings and create a more diversified, customer-focused leasing platform. The acquisition enhances PEAC’s ability to deliver tailored finance solutions to businesses across multiple sectors.

PEAC Solutions is working closely with ABN AMRO UK to ensure a smooth transition for existing customers, with no disruption to ongoing services or financing agreements.

The announcement comes after PEAC Solutions recently acquired topi, a Berlin-based fintech company that allows retailers and manufacturers to provide IT hardware subscriptions to business customers.