midas corporate finance

WestWon acquires Midas Corporate Finance Limited

As we drew the curtains on 2022, we made one last conquest of the year. We saw this opportunity as the cherry on top of an amazing year. So, we are now proud to announce that we have acquired another leasing company, Midas Corporate Finance Limited.

Midas Corporate Finance was incorporated by Gary Ambrosini in September 2007. Being based in Oxfordshire, Gary’s main focus was on vehicles and hard asset funding. Over the fifteen years the company was trading, Midas built up a large client base all over the UK and wrote many £m’s in lease finance. Gary, who turned 66 in December, decided it was time for retirement after spending most of his adult life working in leasing and asset finance.

Gary speaks on passing Midas over to WestWon, “It comes to that time when you wish to hang your boots up and retire. I was looking for a clean break, a company or an individual that would not just buy the company but one that we could trust with our customer base.

We did have a couple of offers, however, one of the offers wanted to pay for the business over a period of time. WestWon was the best option for us, a quick and simple deal. As it happened, they use the same funders as we did, hence we felt confident of a smooth transition.”

Speaking on behalf of WestWon, Jeremy Hall, CEO mentioned, “The first time I spoke to Gary was in March 2021. We had just acquired the Midas Leasing customer base from Vince Truby. As they had similar company names, I felt it prudent to say hello and introduce myself in case of any brand issues or customers contacting the wrong Midas.

Gary and I got on extremely well when we met up in 2022, we have similar values around customer care. His client base is great, there being many relationships going back over 20 years. We look forward to speaking to their clients.”

Contact Us

Here at WestWon we are more than qualified to take care of your asset finance and leasing needs. We now have over 45 years in business and a team of experts behind us. So if  you are looking to obtain finance for your business, rest assured you are in the right hands. Give us a call on 01494 611 456, or send an email to hello@westwon.co.uk.

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