Lindsay Town, chief executive, IAA-Advisory (pictured above) said: “Asgard Partners is authorised and regulated by the Financial Conduct Authority and has proven in-depth experience particularly in relation to mergers and acquisitions and related activity such as equity and debt raising.

“The range of skills and capabilities brought by Asgard Partners complements the asset finance industry skills and focus within IAA-Advisory and marks another important step in the development of the business and its ability to serve the changing needs of the asset finance industry.”

He added: “Both IAA and Asgard Partners see great potential for value creation within the ever changing asset finance and leasing industry. Working together, IAA and Asgard Partners offer clients a tailored solution to take advantage of opportunities to maximise value by combining a wide range of proven analytical and transactional capabilities whilst providing access to a variety of capital and other markets. This innovative approach underpins this strategic alliance which is a key part of delivering for our respective clients.”