Vero Finance Technologies, Inc. (Vero), a provider of bespoke floor plan financing programs, has announced a new partnership with Dyna Sales & Service LLC (operating as DYNA Products), a manufacturer of firewood processing equipment, including...
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April 01, 2024, 07:15 AM
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Houlihan Lokey, Inc. announced Rob Kordas has joined the firm as a Managing Director in its Industrials Group. Kordas is based in Chicago and will lead coverage of the energy field services and equipment sector. Kordas joins from RBC Capital Markets...
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December 14, 2023, 07:23 AM
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Loeb's clients continue to prosper thanks to its commitment to support companies in transitional financial states. In Q3 of 2023 alone, Loeb funded more than $12 million in machinery and equipment term loans. By extracting working capital from their...
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November 06, 2023, 07:18 AM
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A Florida resident and dual citizen of the United States and Turkey pleaded guilty in the District of New Jersey to running an extensive operation over many years to traffic in fraudulent and counterfeit Cisco networking equipment, according to the...
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June 09, 2023, 07:25 AM
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Assurant, Inc., a global business services company that supports, protects and connects major consumer purchases like automobiles, as well as commercial equipment, is partnering with CNH Industrial Capital America LLC and CNH Industrial Capital...
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April 21, 2023, 07:25 AM
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, provided $10 million in financing to American Gas Products (AGP), a full-service national industrial and specialty gas supplier....
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March 06, 2023, 07:00 AM
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1st Choice Material Handling is the latest dealership to join the growing LiuGong North America dealer network.Leaders of the Memphis, TN-based business expressed several reasons they were interested in a partnership with LiuGong. Their machines are...
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February 16, 2023, 07:05 AM
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Texada Software, creators of leading SaaS rental and mobile applications for the equipment industry, announced a merger with Uptake Canada, Inc., the equipment dealer software subsidiary of Uptake Technologies, which acquired what was formerly Canam...
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February 13, 2023, 07:15 AM
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With its November Market Trends Report, Ritchie Bros. takes a closer look at sales of earthmoving equipment in North America, including excavators, dozers, wheel loaders, skid steers and more.One of the main trends the company is seeing is the...
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November 23, 2022, 07:05 AM
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With its October Market Trends Report, Ritchie Bros. takes a closer look at sales of key aerial equipment categories in North America, specifically boom lifts, scissor lifts and telehandlers.Traditionally the company sells more boom and scissor lifts...
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October 20, 2022, 07:15 AM
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Blackford Capital, a lower middle market private equity firm, announced the successful exit from its investment in Grand Equipment Company, (GEC) through a sale to Cognitive Capital Partners, LLC, a Chicago-based investment firm.Grand Equipment is a...
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June 27, 2022, 07:00 AM
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Air Industries Group, an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, announced Webster Bank (formerly...
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May 19, 2022, 07:17 AM
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Mitsubishi HC Capital America has provided Seattle, WA-based energy-efficiency-as-a-service (EEaaS) company Allumia with a $40 million debt facility, allowing Allumia to expand its up-front cost coverage from the company’s growing portfolio of energy...
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April 20, 2022, 07:12 AM
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Amid a tight supply environment, Ritchie Bros. welcomed thousands of motivated buyers online and onsite to its premier global equipment event in Orlando, FL. Buyers from around the world needing to fill immediate gaps in their fleets converged for...
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March 01, 2022, 07:20 AM
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What are the hottest equipment markets of 2022? The 32nd annual “What’s Hot/What’s Not: Equipment Market Forecast 2022” from the Equipment Leasing and Finance Association (ELFA) reveals industry perceptions of 15 equipment markets based on a survey...
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February 15, 2022, 07:23 AM
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The newest Sandhills Global Market Report spotlights how inventory declines in certain age groups are driving value increases in Sandhills’ heavy-duty truck, construction equipment and farm equipment markets. For example, the 0- to 5-year and 5- to...
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February 15, 2022, 07:10 AM
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Loeb, an industry provider in the lifecycle management of industrial manufacturing equipment and machinery, continues to fortify its team to better assist its clients, customer, and referral partners with the hiring of Scot Lund as Senior Vice...
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February 09, 2022, 07:18 AM
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CenterGate Capital, an Austin, TX-based private equity investment firm, announced the sale of its specialty environmental equipment platform The Owen Family of Companies to Wynnchurch Capital LLC.Established in 1958 and headquartered in Vancouver, WA...
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November 19, 2021, 07:08 AM
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McCoy Group, Inc., a family-owned company based in Dubuque, IA, is expanding its business base with the purchase of eight John Deere Construction and Forestry stores serving Missouri, Illinois, Indiana and Kentucky from Erb Equipment Co., Inc. The...
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November 16, 2021, 07:11 AM
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TrustLayer, a collaborative risk management platform, announced the launch of a fully digital insurance verification pilot with Great American Insurance Group’s Specialty Equipment Division. Automated digital proof is the future of insurance...
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October 08, 2021, 07:18 AM
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KWIPPED Inc. has launched a partnership with Clean Eatz Kitchen that will enable gyms, convenience stores and other businesses to easily access affordable financing for refrigeration equipment needed to bring Clean Eatz’ healthy prepared meals to a...
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September 15, 2021, 07:07 AM
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Despite the month-to-month stabilization of used heavy-duty truck and construction equipment inventory levels within Sandhills Global marketplaces in July, auction and asking values continue to rise, according to a new Sandhills Global Market Report....
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August 13, 2021, 07:11 AM
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May was another busy month for Ritchie Bros., with multiple record-breaking events and strong pricing across almost every single asset category. According to Ritchie Bros.' June Market Trends Report, U.S. truck tractor pricing is up 23 percent year...
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June 10, 2021, 07:00 AM
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What are the hottest equipment markets of 2021? A new report from the Equipment Leasing and Finance Association (ELFA), What’s Hot/What’s Not: Equipment Market Forecast 2021, reveals industry perceptions of 15 equipment markets based on a survey of...
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March 04, 2021, 07:19 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Jeffry D. Elliott to receive its 2020 Michael J. Fleming Distinguished Service Award. The award honors individuals who have made significant contributions to the association and the...
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October 16, 2020, 07:09 AM
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First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, announced record Q4 funding’s of $120 million and $258.5 million for fiscal year 2019. In addition, year-over-year performance in all key...
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January 22, 2020, 07:09 AM
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Quanta Services Inc., a contractor operating in the utility, pipeline, energy and communication industries, has the largest skilled labor force in North America—and the equipment fleet to match. With 61,000 pieces of equipment in its fleet, Quanta...
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December 27, 2019, 07:25 AM
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Encina Business Credit, LLC (EBC) announced it has provided a $15 million senior secured credit facility to a coal mining company. The facility consists of a revolving line of credit based on accounts receivable and equipment. Loan proceeds will be...
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December 19, 2019, 07:20 AM
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BNP Paribas Leasing Solutions announced the appointment of Philippe Lambert as Managing Director of the Equipment and Logistics Solutions (ELS) International Business Line, and member of the Executive Committee, effective April 1.Lambert, 52, has...
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March 28, 2019, 07:15 AM
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Stonebriar Commercial Finance announced the closing of a $35 million equipment sale and leaseback with a private equity-owned oil and gas midstream company that provides gathering and processing services to exploration and production customers. The...
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February 13, 2019, 07:22 AM
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Custom Equipment, LLC announced it had named industry veteran Terry Dolan as its President and CEO. Dolan brings nearly 30 years of experience in the rental, construction and equipment industries and will lead the overall direction and strategy of...
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February 05, 2019, 07:10 AM
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What are the hottest equipment markets of 2019? A new report from the Equipment Leasing and Finance Association, What’s Hot/What’s Not: Equipment Market Forecast 2019, reveals industry perceptions of 15 equipment markets based on a survey of ELFA...
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February 04, 2019, 07:20 AM
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