The Alta Group provided due diligence and related corporate advisory services to Umpqua Holdings Corporation and Umpqua Bank in the recent acquisition of Financial Pacific Holding Corp., the parent company of  Financial Pacific Leasing, one of the largest independent equipment leasing and finance companies in the United States, said Bruce Kropschot, senior managing director and leader of Alta’s mergers and acquisitions (M&A) advisory practice.
 
The transaction was recently completed for $158 million in cash, Umpqua officials reported. Kropschot and four other Alta professionals assisted Umpqua prior to the sale by performing a comprehensive due diligence review of Financial Pacific’s policies, procedures, business processes, and accounting practices.

Alta provides both buy and sell side advisory services, funding management and capital raising services, and valuation services. Its M&A experts have decades of experience arranging more than 200 equipment leasing and specialty finance business acquisitions, Kropschot noted.

Umpqua Holdings Corporation is the parent company of Umpqua Bank, an Oregon-based community bank with locations in California, Oregon, and Washington State. Financial Pacific Leasing, based in Washington State, is a commercial finance company that leases equipment to small businesses.

Since 1992, The Alta Group has represented equipment leasing and finance companies, financial institutions, manufacturers and service providers, offering management consulting and expertise in global market entry, vendor finance, professional development, legal support services, asset management, and mergers and acquisitions. The practices in North America are described at www.thealtagroup.com/north-america/ .