CWB Financial Group completed its previously announced acquisition of the Canadian commercial and vendor finance assets of ECN Capital. read more
FEB 1, 2018 - 7:08 am
ECN Capital closed the acquisition of Triad Financial Services which will expand ECN’s U.S. finance business into prime and super-prime manufactured housing lending. read more
JAN 2, 2018 - 7:15 am
ECN Capital entered into an automatic securities purchase plan with a designated broker to facilitate repurchases of its outstanding common shares in connection with its normal course issuer bid. read more
DEC 26, 2017 - 6:30 am
ECN Capital entered into a definitive agreement with Canadian Western Bank to sell its Canadian Commercial and Vendor Finance assets for cash proceeds of approximately C$900 million ($700.74 million. read more
OCT 31, 2017 - 6:55 am
Kroll Bond Ratings agency expects that ECN Capital’s acquisition of Triad Financial Services will be neutral to ECN’s ratings. read more
OCT 30, 2017 - 7:44 am
Over the last 12 months, several major independent equipment leasing companies have been acquired. Banks and private equity firms were some of the major acquirers, with People’s United Bank buying LEAF Commercial Capital and Solar Capital taking on Nations Equipment Finance. What has led to this spike in activity, and will it continue?... read more
September/October 2017
ECN Capital entered into a definitive agreement to acquire Triad Financial Services for $100 million in cash. read more
OCT 26, 2017 - 6:36 am
Trinity Industries’ wholly-owned subsidiary TrinityRail Asset Management acted as an advisor and arranger on ECN Capital’s sale of a portfolio of approximately 9,950 leased railcars. read more
OCT 5, 2017 - 6:54 am
After being accused of fleeing Canada to avoid tax hikes, ECN Capital’s Steve Hudson denied such claims through a spokesman, Canada’s Business News Network reported. read more
SEP 29, 2017 - 7:26 am
ECN Capital closed the sale of Rail Finance Assets (Element Rail Leasing II) to Napier Park Global Capital US on the terms previously announced. read more
SEP 27, 2017 - 7:27 am
ECN Capital closed the acquisition of Service Finance Holdings on the terms previously announced. read more
SEP 8, 2017 - 6:40 am
Kroll Bond Rating Agency commented on ECN Capital’s announcement of definitive agreements to sell $1.49 billion, or approximately 65%, of its railcar assets to affiliates of ITE Management and Napier Park Global Capital. read more
AUG 14, 2017 - 7:56 am
ECN Capital will sell $1,487 million of railcar assets to affiliates of ITE Management and Napier Park Global Capital. The company also reported financial results for Q2/17. read more
AUG 11, 2017 - 7:44 am
ECN Capital plans to file a notice of intention with the Toronto Stock Exchange to commence a normal course issuer bid for its common shares. read more
JUN 27, 2017 - 7:19 am
ECN Capital entered into a definitive agreement to acquire Service Finance Holdings for $304 million. read more
JUN 8, 2017 - 8:11 am