Liberty Commercial Finance Receives Investment from Copley Equity Partners
AUG 5, 2020 - 7:23 am
Liberty Commercial Finance, an independent equipment lease and finance company, received a minority investment from Copley Equity Partners, a private investment firm focused on providing capital and resources to middle market companies. Terms of the transaction were not disclosed.
The investment by Copley, in conjunction with a new senior credit facility, will allow Liberty to add to its direct funding capabilities while continuing its activity in syndicated originations.
“The partnership with Copley is truly transformative for the business and we are thrilled to have them on board,” Eric Freeman, founder and president of Liberty Commercial Finance, said. “Their transactional experience from their ownership in their micro-ticket leasing business combined with our team’s mid and large ticket experience will allow us to build on Liberty’s early success and take the company to the next level. Also, to get the deal done during COVID is an incredible testament to both Copley’s long-term commitment to building a best in class finco and to what the Liberty family has built over the last 3+ years”
“Liberty is an exceptional company that has become a leader in the equipment lease and finance industry over the past three years,” Andy Miller, a managing director and co-founder of Copley who will join Liberty’s board of directors, said. “We look forward to working closely with Eric and the rest of the Liberty management team as they continue to expand their direct funding capabilities and position the company for rapid growth.”
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