Fleet News

Alliance Asset Management becomes AAM Group

AAM Group is the new name for Alliance Asset Management to reflect the portfolio of vehicle and funding solutions offered and the organisation’s broad client base.

The rebrand comes as the fast-growing Cambridgeshire-based company celebrates its 20th anniversary as one of the UK’s leading independent vehicle fleet solutions providers.

AAM Group provides bespoke business services to users of cars, commercials, HGVs and specialist vehicles including minibuses to institutes of learning.

From a single day’s hire to a five-year lease and from asset finance to fleet consultancy, the rebrand reflects the organisation’s presence in a growing number of markets and a focus on cross-selling its vehicle solutions to customers.

AAM Group has five core brands operating in different market sectors:

  • Alliance Rental - short, medium and long term rental solutions for businesses ranging from SMEs to major corporates
  • Alliance Leasing - contract hire, contract purchase and finance options for businesses operating all sizes of fleet
  • Alliance Fleetcentre - supplying funding and vehicles to rental operators and accident management companies
  • Education Vehicle Alliance - minibus leasing and sales to schools, universities and academies
  • BestCarFinder and BestVanFinder - personal leasing and purchase options for consumers and sole traders

The company was founded in 1997 by chief executive Jeremy Lavallin, who has driven its expansion into a multi-faceted business solutions company, delivering tens of thousands of vehicles each year.

The senior management team also includes Colin Mather, chief operating officer, Catherine Werrett, chief financial officer, and Mark Thompson, rental services director, and together the quartet lead a company that has:

  • Seen staff numbers increase by 50% in the last three years
  • Opened a new sales office in 2016 in Romford, Essex, to focus on growing local business and personal leasing markets
  • Recorded business growth in the three years to the end of 2016 resulting in a 93% increase in turnover, which has delivered a £2 million rise in pre-tax profits
  • Reported a 23% increase in business volume through Alliance Rental
  • Seen a threefold increase in the number of funded vehicles to rental companies through Alliance Fleetcentre and a 38% rise in the number of funded vehicles delivered to SMEs and consumers.

Today AAM Group funds more than £85 million worth of vehicles. Lavallin said: “The rebranding to AAM Group better highlights the markets the company operates in through its different brands and will enable the company to increase the cross-selling of vehicle and funding solutions to customers.

“AAM Group has seen significant growth in recent years and is ambitious to expand further. The business will grow organically as the company increases its penetration across the sectors in which its five core brands operate.”

Photo caption: AAM Group senior management team - Mark Thompson, rental services director, Jeremy Lavallin, chief executive, Catherine Werrett, chief financial officer, and Colin Mather, chief operating officer.

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