BROKER funder Leasys has bought ER Capital, trading as Easirent.

The acquisition of the daily rental company will add to the leasing company’s mobility capabilities, it said.

As well as the 20 locations, Easirent also operates CityCar247, which allows for a completely digitised customer journey and contact free rental.

Leasys says the acquisition will cement its position in the UK as a significant mobility supplier offering a variety of Car-as-a-Service (CAAS) formats, including its unlimited long-term pay as you go rental offering, Leasys Miles.

“The signing of this agreement continues to strengthen our role as 360-degree mobility leader in the UK and mainland Europe,” commented Giacomo Carelli, CEO of FCA Bank and chairman of the Leasys subsidiary.

“Easirent delivers excellence in short-term rental and will enable us, through Leasys, to play an even more important role as a global and integrated player in the new mobility arena – especially addressed to hybrid and electric vehicles, thanks to the impressive automotive range of Stellantis – expanding the fleet and the innovative services for our customer base.”

Paul Hanley, managing director of ER Capital, added: “The Easirent team and I are looking forward to our new relationship with Leasys. Being part of the Stellantis family gives us access to multiple brands, supplying fleet to our current and planned branches across the UK. This is an exciting chapter in our business, which we’re all thrilled to be a part of.”

Leasys has grown in size by 30% under managing director Sebastiano Fedrigo during the last two years. It now sits at 16 in the FN50.

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