BLME (Bank of London and the Middle East) is to acquire Renaissance Asset Finance (Renaissance) with effect from April 4, 2016. Renaissance is a specialist lender to the SME market with extensive expertise and understanding of the sector whilst BLME’s focus has been on the UK middle ticket market. Hugh Sigrist founder of Renaissance (pictured above) told Asset Finance International: “I am delighted that BLME has decided to buy our business and see them as an excellent partner for the future. We look forward to working together as key finance providers to the UK SME Sector.