Steven Hudson, ECN Capital CEO, has agreed to extend his employment contract to 2023. ECN also announced the retirement of Jim Nikopoulos as President effective May 8, 2019. read more
MAY 10, 2019 - 6:50 am
ECN Capital reported Q3/18 EBITDA, net of provision for credit losses, of $50.9 million versus $36.6 million for the previous three-month period and $34.4 million for the same period last year. read more
NOV 14, 2018 - 7:10 am
ECN Capital completed its strategic investment in The Kessler Group on the terms previously announced. read more
JUN 1, 2018 - 7:09 am
ECN Capital entered into a definitive agreement to make a strategic investment in The Kessler Group. Under the terms of the agreement, ECN Capital will invest $221.2 million in KG. read more
MAY 11, 2018 - 6:23 am
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 a definitive agreement to acquire Triad Financial Services for $100 million in cash. read more
OCT 26, 2017 - 6:36 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
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