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Boston Financinal & Equity Announces Two Clients Recently Acquired

February 22, 2013, 11:00 AM
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Topic: Industry News

Boston Financinal & Equity (BF&EC) announced Google acquired Channel Intelligence, a Celebration-based software company, for $125 million in cash. Channel Intelligence develops technology that streamlines the online-buying process. The purchase of the software company will likely give Google a boost in its e-commerce strategy against eBay and Amazon.

In addition, BF&EC announced TransForce Inc.,a North American leader in the transportation and logistics industry, announced it's merger to acquire all the shares of Velocity Express and its subsidiaries. Headquartered in Stafford, Texas, Velocity operates a network of more than 80 locations across the United States and Western Canada, Velocity is an important provider of customized, same-day regional delivery solutions, offering an extended range of services in delivering packages of any size.

Since 1968 BF&EC has specialized in leasing capital equipment to Angel and Venture Capital backed start-ups, emerging growth companies, and turnarounds. BF&EC writes master lease agreements with twelve month availability and we does not require warrants. BF&EC is a direct funder.

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