Nexseer Capital, an independent specialty finance firm providing mid-large equipment and project financing solutions, today announced that the management team of W. Scott McCullum (CEO), Jonathan Albin (Chief Operating Officer) and Robert Davis (Executive Vice President) completed the acquisition of 100% of the common stock from institutional capital partners.
Commitment to Institutional Partners
Nexseer will continue to originate high quality equipment lease assets with the same disciplined approach that has made it a trusted partner to banks, insurance companies, and credit funds. The transition to management ownership ensures greater alignment and continuity with origination practices, credit performance, and portfolio servicing standards.
“For over 26 years, our institutional partners have relied on Nexseer to originate consistent and rigorously underwritten, high performing lease assets,” said W. Scott McCullum, CEO of Nexseer Capital. “This acquisition gives us the ability to think and act long term. With the management team now fully at the helm, our clients and investors can expect even stronger alignment, faster decisions, and an unwavering commitment to the integrity of the assets we originate.”
Opportunity for Employees
This acquisition also represents a defining moment for Nexseer’s employees. With the company now fully owned by its management team, every employee benefits from a clearer strategic focus, a more tightly knit culture, and the opportunity to grow within a nimble, purpose driven organization.
“Our people are our competitive advantage in executing on complex mission critical financings,” said Jonathan Albin, Chief Operating Officer of Nexseer. “They’re entrepreneurial, accountable, and deeply committed to delivering for our clients. With control of ownership, we are creating a path for future leaders to share in the value they help create. As Nexseer grows, so will the opportunity for those who drive it forward.”
Looking Ahead
With a sharpened sense of ownership and operational independence, Nexseer will continue to scale its origination capabilities, strengthen its funding relationships, and deliver tailored equipment finance solutions to middle market and large corporate borrowers in both the United States and Canada.
Crown Partners served as financial advisor in connection with this transaction.
