PEAC Solutions acquired topi, a fintech company. The acquisition is aimed at further expanding PEAC Solutions’ suite of online finance offerings as well as its capabilities in the ‘hardware as a service’ (HaaS) segment of the asset finance market.
Going forward, topi will continue to operate from its headquarters in Berlin, where it will service its existing portfolio of rental customers in Germany, Austria, the Netherlands and Belgium.
“The continued transformation of our industry towards ‘as a service’ based subscription models is undeniable,” William Stephenson, global CEO of PEAC Solutions, said. “We are confident that this strategic acquisition of topi will be a massive differentiator for PEAC Solutions. It will allow us to deliver an innovative solution to our partners and customers, and it will play an integral role in the ambitious growth strategy that we have for the technology sector and other target markets.”
“We are excited to join the PEAC Solutions family,” Charlotte Pallua, CEO and co-founder of topi, said. “By combining topi’s innovative and easy to use tools with PEAC Solution’s financial strength, specialized market knowledge and network, I am confident that we will deliver even more value to OEMs, resellers and business customers.”
