SUNBRIDGE CAPITAL

Mission, KS

 

has been acquired by

 

SunBridge Holding Corporation

Mission, KS

Kropschot Financial Services served as financial advisor to SunBridge Holding Corporation.

 

US EXPRESS LEASING, INC.

Parsippany, NJ

 

has acquired

 

MBO Finance

Boston, MA

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to US Express Leasing, Inc.

 

CSI LEASING, INC.

Saint Louis, Missouri

 

has completed an asset purchase agreement with

 

JTA LEASING CO. LLC

Fort Lee, New Jersey

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to JTA Leasing Co. LLC.

 

CoActive Capital Partners LLC

A subsidiary of

 

MARUBENI AMERICA CORPORATION

 

New York, New York

has completed an asset purchase agreement with

Partners Equity Capital Company, LLC

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to Marubeni America Corporation.

 

UNITED RECOVERY SERVICES

Cherry Hill, NJ

a division of

UNITED COMPUTER CAPITAL CORPORATION

 East Syracuse, NY

 has been acquired by

FIRST TECHNOLOGY CAPITAL, INC. 

 Versailles, KY

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to United Computer Capital Corporation.
 

 

EQUILEASE FINANCIAL SERVICES, INC.

Norwalk, Connecticut

Has formed a Vendor/Dealer Group based in Portsmouth,
New Hampshire comprised of a team headed by
Samuel H. Smith III

Kropschot Financial Services initiated this relationship and served as advisor to Samuel H. Smith III.

 

PAWNEE LEASING CORPORATION

Fort Collins, Colorado

has been acquired by

CHESSWOOD INCOME FUND

 Toronto, Ontario

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to Pawnee Leasing Corporation.

 

ALLCO ENTERPRISES, INC.

Lake Oswego, Oregon

has been acquired by

LEAF FINANCIAL CORPORATION

a subsidiary of 

RESOURCE AMERICA, INC.

 Philadelphia, Pennsylvania

Kropschot Financial Services served as financial advisor to Allco Enterprises, Inc. 

CHARTER ONE VENDOR FINANCE, LLC

Lisle, IL

a unit of

CHARTER ONE BANK, N.A.

Cleveland, OH

has been acquired by

NATIONAL CITY COMMERCIAL CAPITAL CORP.

Cincinnati, OH

a unit of

NATIONAL CITY CORPORATION

Cleveland, OH

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to Charter One Bank, N.A.

Commercial Credit Group Inc.

Charlotte, NC

a newly formed middle market equipment financing and leasing company

has received substantial equity investments from three institutional investors and closed on a senior credit facility.

Kropschot Financial Services served as financial advisor to Commercial Credit Group, Inc. and its President Daniel J. McDonough in these transactions.

 

DIVERSIFIED LEASING, INC.

Annapolis, Maryland

has been acquired by

LIBERTY FINANCIAL GROUP. INC.

Hatfield, Pennsylvania

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to Diversified Leasing, Inc.

 

PANTHUS CAPITAL CORPORATION'S TECHNOLOGY SYSTEMS LEASING DIVISION

Melville, NY

a unit of

PANTHUS CORPORATION

Syracuse, NY

has been acquired by

 

SUMMIT FUNDING GROUP, INC.

 

Cincinnati, OH

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to Panthus Corporation.

NORTHERN LEASING SYSTEMS, INC.

New York, NY

has acquired

GOLDEN EAGLE LEASING, INC.

Ridgefield, CT

Kropschot Financial Services served as financial advisor to Northern Leasing Systems, Inc.

PANTHUS CORPORATION

Syracuse, NY

has completed the sale of the majority of its small ticket and machine tool lease portfolio.

Kropschot Financial Services initiated this portfolio sale and served as exclusive financial advisor to Panthus Corporation.

UNION SAFE DEPOSIT BANK

Stockton, CA

has purchased the majority of the lease portfolio of

LEVERAGE LEASING CO.

Omaha, NE

Orion First Financial, LLC of Gig Harbor, WA provided advisory services to the purchaser and is servicing the portfolio.

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to Leverage Leasing Co.

COMPUTER SALES INTERNATIONAL. INC.

ST. Louis, Missouri

has acquired

PANTHUS LEASING GmbH

Frankfurt, Germany

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to a major stakeholder in Panthus Leasing GmbH.

EDISON FINANCIAL, INC.

Brea, California

has received funding for receivables from three new lenders.

Kropschot Financial Services initiated these transactions and served as financial advisor to Edison Financial, Inc.

 

KEYSTONE EQUIPMENT FINANCE CORP.

West Hartford, Connecticut

has received a minority equity investment from a major international corporation.

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to Keystone Equipment Finance Corp.

 

THE EQUIPMENT LEASING COMPANY

Sparks, Maryland

a unit of

PROGRESS FINANCIAL CORPORATION

Blue Bell, Pennsylvania

has been acquired by

SANDY SPRING NATIONAL BANK

a subsidiary of

SANDY SPRING BANCORP

Olney, Maryland

Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to Progress Financial Corporation.