The PNC Financial Services Group announced Carole Brown has elected to retire as head of Asset Management Group, effective Aug. 1. Brown will remain with PNC as a senior advisor through early 2025.“I am grateful for Carole’s many contributions to the...
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July 08, 2024, 07:22 AM
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EquipmentShare, one of the fastest-growing integrated equipment rental and equipment asset management companies in the United States, announced that it will increase its borrowing capacity from $2.1 billion to $3 billion through a senior secured...
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May 11, 2023, 07:18 AM
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Equipment asset awareness has never been more critical, especially in today’s rapidly changing economy. Reviewing contract renewals and equipment replacement cycles is also difficult for many companies, as one study shows 91 percent of companies do...
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March 17, 2023, 07:12 AM
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This year has been another one of growth for Oakmont Capital Services (OCS). As the direct lender continues to increase its volume, it’s becoming increasingly important to further expand its operational teams. OCS announced two new hires and the...
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December 06, 2022, 07:22 AM
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Ivory Consulting Corporation has released enhancements to its Asset Management Solution (AMS).The AMS platform is designed to drive innovation, provide insights, streamline, and digitize the end-to-end asset management operation – valuation...
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November 17, 2022, 07:00 AM
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SLR Equipment Finance announced John Gougeon has joined the company as a Director of Asset Management. In his position, Gougeon will play a key role as the company seeks to improve the Asset Management Function of the company. He was last with Bank...
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August 31, 2022, 07:26 AM
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PEAC Solutions has tapped an industry expert for a newly created role. Robert Mercogliano, an industry veteran with over 30 years of experience, has been hired as Senior Vice President, Head of Asset Management. Mercogliano will be responsible for...
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August 11, 2022, 07:25 AM
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Fleet Advantage announced new milestones achieved in exceeding $2.5 billion in lease originations over the last 10 years and helping it become the largest independent lessor for heavy-duty Class-8 trucks. Strategic & Consistent Asset Management A...
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January 26, 2022, 07:10 AM
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Carl C. Chrappa, Senior Managing Director and Asset Management Practice Leader for The Alta Group, will lead off the Machinery & Technical Specialties track of the ASA International Appraisers Conference 9:30 a.m. Monday, Oct. 25 with a presentation...
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October 22, 2021, 07:07 AM
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CIT Group Inc. announced it is selling its aviation loan portfolio to KKR. This is related to a previously announced definitive agreement for a portfolio that has a committed loan balance of nearly $800 million across more than 50 loans for...
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June 11, 2021, 07:25 AM
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Signature Financial LLC, the wholly owned specialty finance subsidiary of New York-based Signature Bank, announced the appointment of seven equipment finance Executive Sales Officers (ESOs), bringing the total to 33 throughout the country. The...
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April 06, 2021, 07:25 AM
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The Equipment Leasing and Finance Association has announced that for the first time the ELFA Equipment Management Conference & Exhibition will be delivered as a virtual event with a whole new look, feel and experience. ELFA Equipment Management LIVE!...
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January 07, 2021, 07:20 AM
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LeaseQuery, a provider of purpose-built lease accounting software, announced its partnership with Sage Fixed Assets, a provider of asset management software. This alliance will allow LeaseQuery and SFA to combine lease management and capital...
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December 02, 2020, 07:18 AM
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U.S. Bank Equipment Finance, a division of U.S. Bank, has entered into an agreement with Asset IQ LLC to provide a comprehensive way for the bank to save time and money with the recovery, transportation, remarketing and disposition of end of term...
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July 24, 2020, 07:10 AM
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Tiger Group is liquidating well-maintained, late-model machinery and equipment surplus to the ongoing operations of a leading dispenser and manufacturer of Cannabidiol (CBD) products, with a range of value-add uses in the cannabis and biopharma...
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May 28, 2020, 07:05 AM
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Preston Hollow Capital, an independent specialty municipal finance company based in Dallas, TX, announced the hiring of three senior professionals in its Originations and Asset Management groups. Associate Director Ryan Chiriboga joins a growing...
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November 26, 2019, 07:15 AM
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Fleet Advantage announced it has expanded its asset management solutions through its new EXchangeIT Trailer Lease Program, enabling flexible trailer lease solutions that provide a lower Total Cost of Ownership (TCO).Fleet Advantage revolutionized...
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October 31, 2019, 07:00 AM
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Nations Equipment Finance has hired Rick Ciralli as Senior Vice President of Asset Management. In this role, he will be responsible for all of Nation’s asset management activities. Ciralli started his career as a business manager in the automotive...
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July 30, 2019, 07:30 AM
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Ivory Consulting Corporation announced the release of its new Asset Management Solution (AMS) that was built in conjunction with the asset management department of a leading bank’s equipment finance division.AMS is the equipment finance industry’s...
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February 20, 2019, 07:10 AM
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Hitachi Solutions America, Ltd. has announced Engage for Asset Management and Engage for Private Equity – products re-engineered specifically for Microsoft Dynamics 365. The Engage product line enables financial institutions to quickly customize and...
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February 14, 2019, 07:10 AM
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Insight Financial Services (IFS), a division of Insight Investments, LLC, announced the expansion of its enterprise sales team in the Midwest, with the addition of Steve Dodge as Senior Account Executive. Based in Chicago, he will support IFS’...
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February 07, 2019, 07:13 AM
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Fortis Equipment & Consulting, a professional consultancy and provider of asset management and monitoring solutions for rental companies and fleet owners across the equipment industry, has announced its official launch. The Fortis executive team will...
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January 02, 2019, 07:10 AM
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GSG AMR, the asset management and remarketing division of GSG Financial, announced the addition of Jeff Romano as Senior Vice President, Asset Management and Remarketing. Romano will be responsible for supporting the execution of the division’s...
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December 21, 2018, 07:25 AM
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The Investors Bank Equipment Finance (IBEF) group recently appointed two senior leaders: a senior business development officer and an asset management professional. Expanding its leadership team, the group continues to pursue a growth strategy that...
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October 16, 2018, 07:25 AM
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Ritchie Bros.' latest solution for the market, RB Asset Solutions is a complete end-to-end asset management and disposition system. The new cloud-based SaaS solution brings together a suite of tools and services to help customers better manage...
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October 02, 2018, 07:23 AM
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Fleet Advantage announced it has named Jon Keller as Senior Vice President of Sales. Keller is a seasoned sales veteran with extensive knowledge and experience in fleet leasing, asset management and lifecycle cost management.Keller comes to Fleet...
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August 08, 2018, 07:25 AM
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GSG Financial, a captive equipment finance company, announced it has launched a new business unit focused on providing material handling asset management and remarketing services. The new business unit, GSG Asset Management and Remarketing (GSG AMR)...
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July 18, 2018, 07:23 AM
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DLL announced the appointment of Bruce Trachtenberg as the leader of the Global Asset Management and Remarketing (AMR) organization. In this role, Trachtenberg will be responsible for leading the strategic direction of the AMR organization and...
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June 06, 2018, 07:25 AM
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EquipmentWatch, the world leader in asset valuation for the equipment finance industry, now offers Orderly Liquidation Values (OLV) for construction, lift & access, and agricultural equipment as part of its existing values solution. This new...
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May 11, 2017, 07:07 AM
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Stonebriar Commercial Finance announced that Ben Steller has joined the company as Vice President, Asset Manager. Steller will be based in Plano, TX and report to Kevin Sensenbrenner, Senior Vice President and Senior Managing Director of Asset...
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August 16, 2016, 07:10 AM
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Penton’s EquipmentWatch, the world's leader in data, insights and workflow tools for the heavy equipment industry, has relaunched their SaaS platform. It includes broad equipment coverage, across construction, lift/access, agricultural and...
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August 01, 2016, 07:10 AM
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Mobile Dealer Data (MDD), the industry leader in Bluetooth-enabled asset tracking, and Marlin Equipment Finance have joined forces to offer dealers a new flexible financing option for its comprehensive enterprise resource management system.MDD now...
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June 30, 2016, 07:00 AM
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New Mill Capital Holdings, LLC ("NMC") and J.P. Morgan Asset Management – Global Real Assets ("GRA") announced a strategic partnership between institutional investors advised by J.P. Morgan Asset Management and NMC to jointly pursue acquisitions of...
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May 18, 2016, 06:00 AM
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Quiktrak, a Bureau Veritas Company, announced they are launching their field services in Australia. Scott Granger has been named its Director of Operations - Australia. He will report to Kim Plutte, Chief Customer Officer of Quiktrak. As Quiktrak...
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January 19, 2016, 07:12 AM
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The Alta Group has completed a comprehensive remarketing program for Key Equipment Finance, resulting in the sale of 3,051 off-lease domestic dry van containers to an undisclosed buyer, Carl C. Chrappa, senior managing director of asset management...
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November 06, 2015, 07:12 AM
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Hilco Global announced that Steve Feldman is returning to its Hilco Industrial operating unit as Senior Vice President of Asset Sales. Feldman, who has been running his own firm SJF Auctions LLC since 2013, returns to Hilco, where he spent 11 years...
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January 21, 2015, 07:00 AM
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LaSalle Solutions, a leading provider of IT life-cycle asset management services and tools, announced today that it has relocated its headquarters.The move stems from LaSalle's need for additional space to accommodate employee growth for expanded...
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November 26, 2014, 06:38 AM
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Ritchie Bros. and AssetWorks, a leading provider of Enterprise Asset Management software solutions, announced the availability of a prepackaged integration between the Ritchie Bros. EquipmentOne marketplace (www.EquipmentOne.com and AssetWorks...
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June 05, 2014, 05:59 AM
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SquareTwo Financial, a leader in the $100 billion asset management and recovery industry, has named Julie Fellows chief compliance officer. In this role, Fellows will lead all regulatory compliance initiatives for the company and its branch offices. ...
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June 03, 2014, 06:30 AM
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HP announced the launch of a virtual tour of its technology renewal center operations, an industry-first offering that provides customers with increased visibility into the IT asset lifecycle management process.“Rarely do enterprises have the...
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August 19, 2013, 06:55 AM
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Decker Forklifts announced it has brought the company’s expertise overseas, offering the ability to deliver any size piece of equipment anywhere in the world.
“We’ve been shipping to Australia, Japan, Europe and South America on a regular basis, and...
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October 31, 2012, 07:16 AM
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Great American Group, LLC, a leading provider of asset disposition, valuation and appraisal services, has hired Bryan Seeley as director of appraisal for the company’s Machinery & Equipment (M&E) Appraisal Division. “With over 20 years of experience...
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June 27, 2012, 06:30 AM
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EquipmentEngine Financial Services Company, LLC unveiled another set of innovations today at the Equipment Leasing & Finance Association’s (ELFA) annual Equipment Management conference. These new innovations come as the second part of a bold...
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April 02, 2012, 07:30 AM
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Great American Group, a leading provider of asset disposition, valuation and appraisal services, launched GA Trax – a new system that helps companies manage their equipment, machinery and other assets located at multiple sites. The software system...
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March 23, 2012, 08:00 AM
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Consolidated Asset Recovery Systems, a Raleigh-based leader in repossession and remarketing services, today announced it will launch a new open-source, freeware version of its IBEAMT Web portal to the agent and lender community.
This new version of...
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March 20, 2012, 01:00 PM
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Ritchie Bros. Auctioneers held the world's largest heavy equipment auction in Orlando, Florida last week (February 13 - 18, 2012) and, in the process, broke multiple Company records. New records were set for gross auction proceeds (US$203 million)...
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February 21, 2012, 08:30 AM
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