CHINAHRP TAHOE, Nev., Sept. 10 -- The Alta Group today announced a new business alliance created to fill the growing demand for equipment leasing and financing consulting services in China.
Alta is the only global provider of consulting services exclusively focused on equipment leasing and finance. The group has entered into a working agreement with LeaseOne (Beijing) Management Consultants Co., Ltd., which is based in Beijing and employs more than 30 partners, consultants, and analysts. Together, the companies will offer consulting, professional development, and financial advisory services, including strategies for funding and mergers and acquisitions, to businesses inside and outside China that are seeking to expand their leasing presence there.
"Alta principals have been active in China for more than 10 years, providing consulting, professional development, and risk management structuring to Western manufacturers interested in growing their vendor finance businesses," said John C. Deane, founding principal of The Alta Group.
"Now, increasing numbers of clients are transacting business in China or seeing the potential for growth there. Our new business alliance will allow Alta to expand service, with more personnel on the ground in and around the major centers of business in China," Deane added.
LeaseOne (Beijing) professionals are located in Beijing, Shanghai and Shenzhen. Jason Zhou, managing partner of LeaseOne (Beijing) and a former executive with Caterpillar Financial China, said: "The equipment leasing market in China has tripled since 2004; we are expecting another triple reaching more than a $20 billion portfolio by end of 2009. The business environment is not perfect, but it is improving very fast."
"LeaseOne is extremely excited to set up alliances with The Alta Group. With Alta's experiences and global presence, we believe that the alliance will help China equipment manufacturers and leasing companies expand business globally, and also help multi-national companies grow in the unique China market successfully," Zhou added.
About The Alta Group
The Alta Group is a global consultancy serving equipment leasing and finance companies, investment professionals, manufacturers, banks, and government organizations. Founded in 1992, Alta provides counsel and implementation for change, growth, and best practices to clients in North America; Latin America; Western, Central and Eastern Europe; Australia; and China. For more information, please visit http://www.thealtagroup.com .
About LeaseOne (Beijing) Management Consultants Co., Ltd.
LeaseOne (Beijing) is the world class solution provider focused on the China equipment leasing and financing industry, including consulting, professional development, financial advisory, technology and outsourcing services. Founded in 2007, LeaseOne (Beijing) combines international experience with a Chinese business environment. It is also the exclusive partner for International Decision Systems Inc. in the Greater China region. For more information, please visit http://www.leaseone.com.cn