Creekridge Capital, which was acquired by Hitachi Capital America earlier this year, will now operate as Hitachi Capital America Vendor Services and will continue to provide vendor financing programs, products and services.

“We are the ‘old, new guy’ in vendor finance,” said Jeff Cowan, president of Hitachi Capital America Vendor Services, “As the newest addition to the over 100-year-old Hitachi Group, Vendor Services is poised to expand rapidly. The power of the combined entity will bring tremendous value to both our vendor partners and our employees. Adding the Hitachi brand and deep resources to our already dynamic and compelling vendor services platform has created a very disruptive financial solutions provider in the market.”

“I am very proud of the platform we have created and rest assured knowing that our employees, vendors, and customers are in good hands,” said Gregory Larson, co-CEO of Creekridge Capital.

“We are thrilled to bring the highly experienced Creekridge team under the Hitachi umbrella,” said Mark Duncan, senior vice president and general manager of HCA-Commercial Finance. “We expect the Creekridge platform to play an integral role in our strategy to deliver national best-in-class vendor finance solutions in North America.”