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Regions Bank announced it has entered into a definitive agreement to acquire Ascentium Capital LLC from Warburg Pincus, a global private equity firm focused on growth investing.Ascentium Capital, headquartered in Kingwood, TX, is the largest... Read Story
February 28, 2020, 07:20 AM
Filed Under: Mergers & Acquisitions

Verdant Commercial Capital, LLC has hired Amanda Lundmark to manage business development efforts in the passenger transportation industry as Vice President, Relationship Manager. Lundmark has more than 13 years of experience in the equipment finance... Read Story
February 28, 2020, 07:17 AM

White Clarke Group announced Wayne Ross into the role of Group Chief Technical Officer.With 25 years of experience in engineering, technology development and business management, Ross will be working with White Clark Group’s executive board to lead... Read Story
February 28, 2020, 07:15 AM

Pitney Bowes Inc. announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with T.W. Phillips Grading Inc. The company is using the capital to expand its fleet of heavy equipment and position itself for growth. Based in... Read Story
February 28, 2020, 07:14 AM

TCF Inventory Finance, Inc. (TCFIF), a subsidiary of TCF National Bank (TCF Bank) and an indirect subsidiary of TCF Financial Corporation, and Sea Pro Boats announced a definitive agreement to provide inventory financing to the Sea Pro Boats dealer... Read Story
February 28, 2020, 07:13 AM
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It's amazing what can happen when companies come together to raise money for a great cause. To celebrate 10 years of Discovery's Gold Rush television show, Volvo designed a special edition EC200E excavator, which was sold at Ritchie Bros.' premier... Read Story
February 28, 2020, 07:00 AM
Filed Under: Auction News

Seabury Capital Group LLC announced the formation of Seabury Aircraft Capital LLC (SAC) through a combination of its existing advisory practices and the acquisition of an investment banking firm Structured Finance International (SFI) whose... Read Story
February 27, 2020, 07:26 AM
Filed Under: Mergers & Acquisitions

ECN Capital Corp. reported its fourth-quarter and 2019 financial results. For the three-month period ended Dec. 31, 2019, ECN Capital reported adjusted net income applicable to common shareholders from continuing operations of $18.5 million versus... Read Story
February 27, 2020, 07:24 AM
Filed Under: Corporate Earnings

Jonty Nel has been appointed as GECAS’ Executive Vice President Commercial – International.  He will take up the role in April.In this role, Nel will be responsible for building and executing GECAS’ commercial strategies across a number of regions... Read Story
February 27, 2020, 07:18 AM

A West Coast-based early stage rocket manufacturer has completed an equipment financing with story lender NFS Leasing, Inc. The new space industry company has established a test site and plans to begin test launches over the next 12 months. The... Read Story
February 27, 2020, 07:10 AM