Full Circle Finance Acquired by Employees Through Stock Purchase

Full Circle Finance was acquired by its employees through a shareholder stock purchase. Tim Cetto, a forty-year veteran of the equipment finance community will stay on as a board member. Full Circle Finance was founded in 2009 by Cetto.

“This industry has been so much fun and one that has been very good to me and my family, I could think of no better way than allowing my employees to become owners,” Cetto said.

Kevin Van Wagner a longtime Cetto employee was elected president of the company June 2022. “Kevin has 16 years’ experience in the industry and has been doing an outstanding job taking over in this leadership role.” Cetto said.

“The vision of the new ownership group will be to grow our business model by offering possible partner/ownership to new account managers that can bring their own book of business, similar to a law firm or other professional service business,” Van Wagner said.

Board members include Tim Cetto, Kevin Van Wagner, Pam Evenson and Cyndy Petterson.

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