Equipment Finance News

Invigors and GrowCap form alliance to provide mergers and acquisitions support to asset and motor finance companies

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Asset and motor finance consultants GrowCap and Invigors have launched a strategic alliance to support mergers and acquisitions in the industry.

The move follows growing market interest in acquisitions and divestments amid rapid changes to the business landscape caused by the Coronavirus crisis.

Both companies focus exclusively on the asset and motor finance markets and have years of sector experience.

Services provided will range from pre-deal strategic reviews and planning through to post-acquisition value realisation.

The alliance will provide M&A support for funders, brokers, and parent companies as well as specialist technology companies, covering both buyers and sellers.

Ian Robertson (pictured top), executive director of Invigors, said: “We see increasing demand from customers looking for service-based outcomes with the resulting displacement of the traditional sales model.

“Our experience is that innovative companies seeking to move away from these legacy business models are looking to the M&A route as one of the means to making this transformation.”

He added that many businesses were now seeking to drive additional scale and they saw the current challenging economic conditions as an opportunity to buy high quality assets at more realistic price points.

“Our M&A capabilities and our market experience and knowledge can help these ambitious companies deliver on their growth strategies,” he added.

As part of The Alta Group, Invigors EMEA has experience from guiding more than 200 M&A transactions.

Its approach will be supported by GrowCap’s UK market focus, particularly in the motor and SME lending markets along with technology providers in key sectors.

Peter Hunt, managing director of GrowCap, (pictured below) said: “Recent market disruption has caused a number of firms to assess their futures, including the markets in which they wish to operate and businesses they wish to retain or grow.

hunt peter 400

“We have spoken to a number of ambitious companies seeking to acquire good assets. Working with the Invigors network, we’re able to extend that reach for firms seeking to expand their European operations, and to access overseas buyers with a similar ambition.”