Mount Laurel, NJ, June 23, 2025 – PEAC Solutions, a multi-national asset finance platform, announced that it has signed a definitive agreement with ePlus inc. (NASDAQ NGS: PLUS) to purchase the domestic subsidiaries of ePlus inc. that comprise the company’s US Financing Business. The ePlus Finance team specializes in delivering financing and leasing solutions to the U.S. Federal, State and Local government sectors, as well as direct and vendor originated leasing to Enterprise customers.
The closing of the agreement is expected within the next 60 days and is subject to the various terms and conditions as further described in the ePlus inc. Form 8-K filed on June 30, 2025.
The acquisition will further supplement PEAC Solutions’ fast-growing IT finance business and expand the company’s expertise and capabilities in the U.S. Federal, State and Local government sectors. It will also benefit ePlus Finance partners and customers, who will continue to work with many of their same relationship contacts, while also having access to new financing solutions and structures that encompass a wider range of assets.
“By combining PEAC Solutions’ finance capabilities with the specialized knowledge and relationships from ePlus Finance, we will be able to further enhance the value that we deliver to both our vendor partners and customers,” said William Stephenson, Global CEO of PEAC Solutions. “We see this collaboration driving significant growth in new business, which will further validate PEAC Solution’s position as one of the top independent lessors in the U.S. market.”
"The ePlus Finance team has decades of experience serving Federal, State and Local markets,” stated Chad Fredrick, President of ePlus Group. “By joining forces with PEAC Solutions, we will further deepen our presence in these sectors while also expanding our commercial offering. This partnership enhances our ability to deliver a more sophisticated and scalable platform to better serve our partners and customers.”
About PEAC Solutions
PEAC Solutions is a leading multinational asset finance platform specializing in providing innovative finance solutions to equipment manufacturers, distributors, and dealers across a wide range of industries and asset classes. With a strong focus on customer service, PEAC Solutions offers lease and loan products that enable businesses to access the equipment and technology they need to enhance productivity and growth. Operating across North America, Europe, and the United Kingdom, PEAC Solutions has built a robust global network capable of delivering tailored financial solutions to diverse markets. For more information, visit www.peacsolutions.com.
PEAC Solutions is a DBA name and trademark of Marlin Leasing Corporation and a portfolio company of the Asset Value Funds sponsored and managed by leading global investment firm HPS Investment Partners, LLC.
About ePlus
ePlus is a customer-first, services-led, and results-driven industry leader offering transformative technology solutions and services to provide the best customer outcomes. Offering a full portfolio of solutions, including artificial intelligence, security, cloud and data center, networking and collaboration, as well as managed, consultative and professional services, ePlus works closely with organizations across many industries to successfully navigate business challenges. With a long list of industry-leading partners and more than 2,100 employees, our expertise has been honed over more than three decades, giving us specialized yet broad levels of experience and knowledge. ePlus is headquartered in Virginia, with locations in the United States, United Kingdom, Europe, and Asia‐Pacific. For more information, visit www.eplus.com.
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