Of Interest

AuctionTime.com Sells Record $623MM in Equipment in 2017

AuctionTime.com set a record in gross auction proceeds, selling more than $623 million in equipment, more than 76,300 assets sold to more than 2,600 sellers in 2017. read more

CSC Leasing Joins LaunchBio as Innovation Partner

CSC Leasing entered a sponsorship agreement with LaunchBio, a national nonprofit, to support educational programs for early stage life science entrepreneurs in the Research Triangle region of North Carolina. read more

Intrepid Aviation Adds Three to Board of Managers

Commercial aircraft lessor Intrepid Aviation appointed Alberto Sanchez, Katherine Kavaler and Hooman Yazhari to its board of managers. read more

JDR Solutions Meets AICPC Standards for 11th-Straight Year

JDR Solutions met the financial and operational integrity standards established by the American Institute of Certified Public Accountants, following an annual company audit. read more

AuctionTime.com Sells Record-Breaking $46MM in Final 2017 Auction

AuctionTime.com set a new record for gross auction proceeds in its final online only auction for 2017, selling more than $46 million in construction and agriculture equipment, commercial trucks and trailers. read more

Bloomberg: World’s Wealthiest Became 23% Richer in 2017

Bloomberg reported there was a $1 trillion gain made in 2017 by the world’s richest people. Amazon founder Jeff Bezos surpassed Microsoft’s Bill Gates as the world’s richest person. read more

National Funding Named a Best Entrepreneurial Company in America

National Funding was named one of the “Best Entrepreneurial Companies in America” by Entrepreneur magazine’s Entrepreneur 360 List. read more

Report: GE Cash Crunch May Get Worse Under Tax Reform

According to Investors.com, citing a report from Deutsche Bank, GE could be hurt under the new GOP tax package while fellow industrial conglomerates benefit from a tax windfall. read more

WSJ: Uber to Sell Auto Leasing Business to Fair.com

The Wall Street Journal reported that Uber will sell its U.S. auto leasing business, Xchange Leasing, to Fair.com. read more

Union Tank Car to Remove Rail Cars from Adirondack Track

Union Tank Car announced it has ordered removal of all of its rail cars from New York’s Adirondack Park. read more

NRD Capital Completes Acquisition of Ruby Tuesday

Private equity firm NRD Capital closed its acquisition of Ruby Tuesday by a fund managed by NRD. read more

Apollo to Buy Qdoba in $305MM Deal

Jack in the Box agreed to sell its fast-casual Qdoba Restaurant to Apollo Global Management in a $305 million deal. read more

Fleet Advantage Named Top 100 Software/Tech Provider For 2017

Fleet Advantage was named by Food Logistics as a Top 100 Software and Technology Provider in 2017 for the fourth-straight year. read more

South End Capital Launches New Alternative Business Loan Program

South End Capital finalized a strategic capital partnership that will enable it to offer fast and affordable alternative business loans to its expanding client base. read more

Worldwide Industry Cloud Spending by Financial Firms to Grow 24% in 2018

According to IDC, worldwide spending on industry cloud in the finance industry is expected to reach $3.2 billion in 2017, which represents an increase of 26% over 2016. read more

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