Wells Fargo announced it has completed the acquisition of CP Equity, the sole owner of Castle Pines Capital and its affiliates, Castle Pines Capital International and CPC Global.

Castle Pines Capital’s channel finance capabilities will join the family of commercial finance products and services offered by Wells Fargo Capital Finance, part of the Wholesale Banking group. The business will continue to serve its customers and marketplace under the Castle Pines Capital identity while its systems and processes are added to those of the broader organization.

“We are pleased to welcome the CPC team and move ahead in our plan to bring the two organizations together,” said Wells Fargo Capital Finance executive vice president Andrea Petro, to whom the business will report. “As a Wells Fargo company, Castle Pines Capital is ready today to offer resellers in technology industries an unparalleled range of financial products and services for their success.”