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CapX Partners Celebrates Platinum Anniversary

July 25, 2019, 07:20 AM
Filed Under: Company Announcements

Accord Financial Corp. congratulated CapX Partners on its platinum anniversary, celebrating 20 years of achievement.

“CapX and its four outstanding partners have been leaders in the middle market finance community, and have brought vital financing to businesses throughout the U.S. over two decades,” said Accord CEO Simon Hitzig, adding, “They consistently raise the bar, setting the standard for  excellence in our markets.”

Founded in 1999 by Jeff Pfeffer and Jim Hallene, since joined by partners Barrett Carlson and Eric Starr, CapX deployed nearly $500 million via four funds before joining the Accord family in 2017. Over the 20-year history of the firm, CapX has been a forward-looking force in the equipment finance arena, simplifying access to capital with a unique combination of personal touch and innovation.

CapX joined the Accord family of companies in 2017, and together with the other Accord divisions, have established a financial services platform that can lend up and down a company’s balance sheet, creating a one-stop source for senior-secured financing to middle market businesses in the U.S. and Canada.

“We were thrilled to add CapX to the Accord family 18 months ago and are just as proud to help them celebrate 20 years of success. This is a tremendous accomplishment, and we look forward to growing together over the next 20 years and beyond,” Hitzig added.

Accord Financial Corp., founded in 1978, is one of North America’s leading independent commercial finance companies. CapX Partners is a specialty finance company that focuses on companies looking for debt financing in the $2 million to $20 million range. CapX provides senior loans and leases and favors manufacturing, distribution, technology, energy and healthcare industries with an emphasis on revenue producing fixed assets.

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