Today’s News

Capteris Capital Closes $14.1MM in Equipment Assets to Support Merger

Capteris Capital, an equipment finance company supported by the capabilities of Wheels Donlen LeasePlan and MidCap Financial, closed on $14.1 million in equipment assets, facilitating the merger of two middle-market companies in the natural gas industry. read more

ELFF Accepting Applications for Scholarship Program

The Equipment Leasing & Finance Foundation is now accepting applications for its scholarship program for the 2023-2024 academic year. Up to five scholarships of $5,000 each will be awarded to full-time undergraduate or full-time graduate students interested in pursuing a career in the equipment finance industry. read more

Ritchie Bros. to Showcase Insights at CONEXPO-CON/AGG

Ritchie Bros. will showcase its growing list of insights, services and transaction solutions at CONEXPO-CON/AGG, an equipment tradeshow in North America to be held in March in Las Vegas. read more

Eaton Partners Acts as Exclusive Placement Agent for SKY Leasing Fund V

Eaton Partners, a wholly-owned subsidiary of Stifel Financial, acted as exclusive placement agent for SKY Leasing and its Sky Fund V (SFV). The fund was oversubscribed at close with approximately $770 million in capital commitments. read more

Seacoast National Bank Completes Acquisition of Professional Bank

Seacoast Bank of Florida, the holding company for Seacoast National Bank, completed its acquisition of Professional Holding Corp., the parent company of Professional Bank. Seacoast National Bank is the surviving financial institution. read more

First Citizens Bank Provides $52.4MM to Finance Portfolio of Medical Office Building Properties

First Citizens Bank's healthcare finance group, which is part of the CIT division, provided $52.4 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties. read more

AerCap Signs Lease Agreements with Fly Meta for 4 Boeing 777-300ERSF

AerCap signed lease agreements for four Boeing 777-300ERSF aircraft with Fly Meta, a Hong Kong-based global air cargo charter company. The aircraft are scheduled to deliver in 2024 through 2025. read more

Perrell Joins Womble Bond Dickinson as Partner in Capital Markets Group

Joel L. Perrell Jr. joined Womble Bond Dickinson’s Baltimore office as a partner in the capital markets group. Perrell is one of few attorneys in the country with a practice focused on all aspects of insurance premium finance. read more

Wintrust Appoints Crane CEO

Timothy S. Crane, the current president of Wintrust Financial, will assume the additional role of CEO, effective May 1. Crane also joined the company's board of directors, effective immediately. read more

Ritchie Bros.’ February Auction to Surpass 10K Equipment Items and Vehicles

Ritchie Bros. will host its February auction in Orlando, FL, its premier global event, from Feb. 20 to Feb. 24. The event will feature more than 10,000 items from more than 800 owners, with all items to be sold to the highest bidders regardless of price. read more

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Terry Mulreany
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