PEAC (Pan European Americas Capital) Solutions announced that it has acquired the ABN AMRO UK leasing business.
PEAC Solutions is a leading multinational asset finance platform operating across 14 countries, including the United Kingdom, Europe and the United States with assets of approximately $6 billion. In the UK, PEAC Solutions has over 23,000 unique customers ranging from large corporates to small and medium sized enterprises (SMEs), providing leasing solutions across a broad range of asset classes from telecoms to plant and machinery.
As part of its ambitious growth strategy, PEAC Solutions is aiming to grow its offering to UK business further. PEAC’s experience in asset financing complements the ABN AMRO UK leasing portfolio, whose clients include SMEs through to multi-nationals. PEAC Solutions is working closely with ABN AMRO UK to ensure a seamless transition of customers to PEAC Solutions.