MOUNT LAUREL, N.J.: Marlin Leasing Corporation®, was recently acquired by funds managed by HPS Investment Partners LLC and will be rebranded as PEAC Solutions. The PEAC family of finance companies includes PEAC UK and PEAC Europe, and collectively operates in 12 countries with balance sheet lease assets of over $5.1 billion and annual originations of more than $2.72 billion.
As Global CEO Bill Stephenson, said, “The goal of this new positioning of Marlin Capital Solutions as PEAC Solutions, is to cement the creation of a seamless global entity. This will be accomplished through a completely cloud-based operations system, while providing customers with the best equipment leasing experts in the world. The PEAC Solutions brand stands for Pan-European Americas Capital Solutions.”
Stephenson went on to say, “We want to build on the success that Marlin has demonstrated since its founding by folding it into our global footprint. Our goal is to provide consistent value to our customers whether they operate in Europe or in the United States. This rebrand will provide the consistency we’re looking for across all HPS platforms, and we think it will provide more clarity to our clients, too. Everyone at HPS, and at Marlin, is really excited for this brand consolidation.”
Tom Lyle, Global COO, shared his point of view, “PEAC’s reputation throughout Europe is unmatched. By rebranding Marlin under the PEAC name, we expect that our clients and partners will experience a greater level of consistency in our product offerings and the financial solutions we are able to provide on a domestic and international level.” Lyle concluded, “Coming together under one brand reflects our shared ambition to be the best equipment finance company in the world.”
Marlin Leasing Corporation will begin operating as PEAC Solutions in the coming months. The current financial products offered, and their terms, will not change for current customers. New leasing options will become available over the following months, as PEAC Solutions aligns with the product offerings of other PEAC locations.
ABOUT MARLIN LEASING CORPORATION AND PEAC SOLUTIONS – Marlin Leasing Corporation, a part of Marlin Business Services Corp., has been a provider of capital solutions for small businesses across the United States for 25 years. In addition to supporting small business owners, Marlin offers financing programs to equipment manufacturers, distributors, dealers, and others. PEAC UK and PEAC Europe are independent providers of asset financing across Europe and the UK, servicing large corporations as well as small and medium-sized businesses. They provide leasing solutions across a broad range of asset classes, from business equipment to plant and heavy machinery.