Solifi, a global SaaS leader for secured finance, acquired Leasepath, a middle-market provider of global equipment finance loan and lease management technology.

This acquisition is aimed at accelerating Solifi’s expansion and solution portfolio into the mid-market sector and facilitating the sharing of know-how, in-depth expertise and resources between Solifi and Leasepath with the objectives of accelerating growth and reinforcing market leadership status.

“Leasepath is an exciting addition to Solifi’s portfolio of proven secured finance solutions,” Dan Corazzi, CEO of Solifi, said. “Not only does this acquisition enable Leasepath to diversify its financial service offerings and target additional markets, including EMEA and APAC, but it also amplifies Solifi’s growth opportunities in the mid-market sector.”

“This acquisition represents a key milestone in our company’s journey enabling us to continue to serve our existing customers and focus on our future expansion objectives,” Jeff Bilbrey, who will continue to lead Leasepath, said.

Solifi and Leasepath will offer their existing solutions, products and services to their customer base. Both companies will retain their current operations from their headquarters and regional offices.