Joint Ventures

Pitney Bowes and Funding Circle Partner to Support Small Business Lending

Pitney Bowes, a shipping and mailing company that provides technology, logistics and financial services, partnered with Funding Circle, an online small business lending platform, to provide loans to its small business customers. read more

Castlelake and Chesswood Enter Forward Flow Purchase Agreement

Castlelake and Chesswood Group entered an agreement for the forward purchase of diversified equipment loan and lease receivables originated by Chesswood subsidiaries Pawnee Leasing and Tandem Finance. read more

Mitsubishi HC Capital America Provides Financing for Hino Trucks’ Electrification Program

Mitsubishi HC Capital America is partnering with Hino Trucks to promote Hino INCLUSEV, a program available in the United States that enables Hino Truck dealers to migrate their businesses to support electric vehicle adoption. read more

Great Elm, Utica Leaseco Form Venture to Invest in Equipment Finance Transactions

Great Elm Capital launched Great Elm Utica, a joint venture between Great Elm Capital and Utica Leaseco, to co-invest in proprietary equipment financing transactions sourced by Utica Leaseco. read more

CNH Enters Technology Licensing Agreement with Monarch Tractor

CNH Industrial entered into an exclusive multi-year licensing agreement for electrification technologies with Monarch Tractor, a U.S.-based agriculture technology company specializing in fully electric autonomous tractors. read more

AerCap and Safran Sign Joint Venture Agreement for Shannon Engine Support

Following its acquisition of GE Capital Aviation Services, AerCap signed a 20-year joint venture agreement with Safran Aircraft Engines regarding Shannon Engine Support, a provider of spare engines for CFM International, which is now a 50/50 joint company between AerCap and Safran. read more

eBay and bidadoo Announce Strategic Partnership to Transform Heavy Equipment Industry

eBay announced a strategic partnership and investment in bidadoo, an online remarketing and auction company of equipment, trucks and capital assets. read more

Airborne Capital and Mercuria Form Aviation Finance Joint Venture in Japan

Airborne Capital entered into a joint venture agreement with Mercuria Investment Co., a subsidiary of Mercuria Investment Holdings, for the operation of a new entity in Japan called Mercuria Airborne Capital. read more

Rabobank and TELUS Agriculture Acquire Conservis

Rabobank and TELUS Agriculture, a global agriculture technology company, acquired Conservis, a company that integrates disparate farm technologies into one interface to manage the business of farming. read more

Vertex Strengthens Partnership with Alfa for Indirect Tax Compliance

Vertex, a provider of tax technology solutions, launched a new integration of its Vertex Lease Tax O Series with Alfa Start. read more

LeaseAccelerator and RE BackOffice Enter Partnership

LeaseAccelerator, a lease lifecycle automation software provider, and RE BackOffice, a provider of lease services, entered a partnership that will allow the two companies to add value to their respective client bases with products, service offerings and thought leadership. read more

Gordon Brothers and Ritchie Bros. Form Alliance to Assist Insolvency and Restructuring Market

Gordon Brothers and Ritchie Bros. created a formal joint venture: the Gordon Brothers & Ritchie Bros. Alliance, which will provide end-to-end asset advisory and asset remarketing services to the insolvency and restructuring market in Australia and Southeast Asia. read more

Travelers Selects Ritchie Bros. as Preferred Disposition Agent & Valuation Partner

Travelers Capital chose Ritchie Bros. as its preferred disposition agent and Ritchie Bros.’ affiliate Rouse Appraisal Services as its valuation partner for appraisal services on all heavy equipment financing transactions. read more

Baker Hughes and Akastor Form Joint Venture Company for Offshore Drilling Equipment

Baker Hughes and Akastor created a joint venture company that will bring together Baker Hughes’ subsea drilling systems business with Akastor’s wholly-owned subsidiary, MHWirth. The joint venture will deliver offshore drilling equipment. read more

Greenbrier Forms JV to Grow Owned Railcar Lease Fleet; Extends Commercial Platform

The Greenbrier Companies will form GBX Leasing, a new leasing joint venture with The Longwood Group, a transportation equipment advisory and asset management firm. GBX Leasing will develop an owned portfolio of leased railcars primarily to be built by Greenbrier. read more

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