The UK division of technology finance group CHG-Meridian has
purchased the entire share capital of Wyse Finance Ltd, it was
revealed today.
Wyse Finance, which has traded as Wyse Leasing since 2006, was
formed through the acquisition of several regional companies, and
specialises in leasing IT assets to SME customers.
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Wyse has recently made inroads into the public sector as well,
via a partnership with an unnamed IT manufacturer.
The Wyse business will fit alongside CHG-Meridian’s large
corporate and public sector lease portfolio, while Wyse customers
will be able to make use of CHG-Meridian’s life cycle management
offerings.
Wyse’s UK sales staff will continue writing business under sales
director Wayne Fowkes, who will lead the business alongside
operations director Peter Millard.
Jürgen Mossakowski, CHG’s CEO, said: “we will continue to make
additional investments in our existing territories when the
acquisition makes strategic sense”. CHG has recently made
moves into North and Central American markets.
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