Founded in 2006 and based in Lake Forest, IL, Kingsbridge provides independent financing solutions and asset management expertise principally to help investment-grade customers make informed decisions regarding equipment purchases. Kingsbridge focuses on mid-ticket equipment leases and has originated more than $1 billion of leases since inception. Kingsbridge assists customers in equipment portfolio management, including selection, tailored financial solutions, replacement timelines and asset management.
“Under the leadership of Dan Flagstad, John Morand and the rest of Kingsbridge’s management team, Kingsbridge successfully expanded its business while maintaining outstanding lease portfolio performance throughout our investment,” Vlad Gutin, partner at TZP, said. “We are grateful for their concerted efforts and partnership.”
“TZP helped us scale our business both organically and through acquisitions to solidify our position as a preeminent independent lessor,” Dan Flagstad, co-founder and co-CEO of Kingsbridge, said. “We appreciate TZP’s dedication to providing a collaborative and mutually beneficial partnership for the last four years.”
Gutin, Zack Vertsman and Manvir Heir worked on the transaction for TZP. Greenberg Traurig and Kirkland & Ellis provided legal counsel.
TZP Group is a private equity firm with $1.7 billion raised since inception across its family of funds, including TZP Capital Partners, TZP Small Cap Partners and TZP Strategies.
Renowned futurist Alvin Toffler wrote, “In the 21st century, illiteracy won’t result from an inability to read and write, but from a failure to learn, unlearn and relearn.” Leaders are challenged to build culture and enhance performance in a rapidly... read more
Matthew Green, managing director and group head, Equipment Finance at CIBC Bank USA, joined CIBC from J.P. Morgan at the end of 2021 with more than 20 years of leasing, lending and capital markets experience to launch the company’s equipment... read more