Asset finance firm’s acquisition takes loan book value to £100m+

Mike Hartley
Praetura Asset Finance, a Blackburn-based asset finance company, has announced the expansion of its portfolio through the acquisition of Cheshire-based Kingsway Asset Finance in a seven-figure deal. The acquisition will create one of the largest independent asset finance companies in the UK. With a combined loan book of more than £100m, the enlarged group will offer SMEs a wide range of services to help them thrive and grow. The combination of Praetura’s expertise in hard assets with Kingsway’s specialist knowledge of so... For the full story register now for free or login below...