Joint Ventures

CNH Industrial, Eni and Iveco Group Agree to Potential Joint Sustainability Initiatives

Eni, CNH Industrial and Iveco Group signed a memorandum of understanding for potential joint social development initiatives in countries of common interest in the areas of agriculture, sustainable mobility and education. read more

Mitsubishi HC Capital Canada Signs Inventory Financing Agreement with Construction Equipment Manufacturer

Mitsubishi HC Capital Canada signed an agreement with a construction equipment manufacturer to provide inventory financing for heavy excavators to more than 10 distributors operating in all Canadian provinces and 40 distributors in the United States. read more

LeaseQuery and Cherry Bekaert Form Reseller Partnership

LeaseQuery, a provider of lease accounting software, partnered with Cherry Bekaert, an accounting and advisory firm offering specialized solutions across various industries, as a select reseller for its lease accounting software. read more

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

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