Stellwagen Group, closed its previously announced acquisition of ECN Capital’s Commercial Aviation advisory and asset management business. read more

JUN 2, 2017 - 7:31 am

ECN Capital closed the previously announced offering of 4,000,000 6.25% cumulative 5-year minimum rate reset preferred shares, Series C at a price of $25 per share for aggregate gross proceeds of $100 million. read more

MAY 26, 2017 - 7:23 am

Jim Nikopoulos was promoted to president of ECN Capital at the company’s board of directors meeting on May 11. Nikopoulos previously served as chief operating officer. read more

MAY 16, 2017 - 6:54 am

ECN Capital reported originations for Q1/17 were $398.2 million versus $477.3 million for the same period last year. ECN noted that its Canadian commercial and vendor originations were up 62% year/year. read more

MAY 12, 2017 - 7:51 am

ECN Capital appointed Donna Toth and Carol Goldman the company’s board of directors to sit as independent directors effective April 10, 2017. read more

APR 11, 2017 - 7:48 am

ECN Capital completed the previously announced sale of the company’s U.S. Commercial and Vendor Finance business to PNC Financial Services Group. read more

APR 4, 2017 - 6:53 am

ECN Capital appointed Grier Colter as chief financial officer, succeeding Michel Béland. read more

MAR 16, 2017 - 7:38 am

PNC Financial Services entered a definitive agreement to acquire the U.S.-based commercial and vendor finance business of ECN Capital for cash proceeds of approximately $1.253 billion. read more

FEB 22, 2017 - 6:40 am

ECN Capital appointed Michel Béland to the position of chief financial officer. Béland had served as CFO of Element Financial since 2011. read more

JAN 10, 2017 - 6:59 am

DLL, Everbank’s acquisition by TIAA and Element’s split into two separate companies highlighted the top 10 news stories of the year. read more

DEC 30, 2016 - 7:44 am

ECN Capital CEO Steven Hudson purchased $18.2 million in ECN common shares. He also exercised options to purchase 300,000 shares for tax planning purposes. The purchases have a current market value of $26.6 million. read more

NOV 22, 2016 - 7:40 am

ECN Capital reported Q3/16 after-tax adjusted operating income of $27.4 million was up from $26.9 million in Q3/15. Total earning assets and assets under management of $7.5 billion were up 19% from $6.3 billion a year earlier. read more

NOV 15, 2016 - 7:27 am

Steven Hudson, chief executive officer of Element Financial won the 2016 Entrepreneur of the Year Ontario award. read more

OCT 31, 2016 - 7:00 am

Element Fleet Management and ECN Capital announced estimates of the adjusted cost base allocation of the common shares of each entity for Canadian income tax purposes. read more

OCT 20, 2016 - 7:49 am

ECN Capital and INFOR Acquisition mutually agreed to terminate the transaction that would have resulted in the acquisition of INFOR by ECN. ECN also confirmed its growth and capital strategy. read more

OCT 13, 2016 - 7:03 am