Latest Deals

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North Mill Equipment Finance is set to acquire Pawnee Leasing Corporation and Tandem Finance in a reverse vesting deal, according to court documents cited by Monitordaily. The transaction awaits approval from the Ontario Superior Court of Justice on 7 March 2025 and a US Bankruptcy Court under Chapter 15 later in March. The acquisition is part of Chesswood Group’s restructuring under the Companies’ Creditors Arrangement Act (CCAA).

Acquis Data Services announced that Liberty Leasing has joined Acquis Lumia, a platform enhancing transparency and fraud prevention in asset finance. Launched in 2022, Lumia provides a real-time register of asset finance borrowing, helping lenders detect irregular activity. Liberty Leasing’s Head of Operations, Edward Ockleford, emphasised the importance of industry-wide cooperation, stating that Lumia offers a simple and effective solution to tackling fraud.

London-based SME lender 365 Finance secured a £150 million debt facility with Pollen Street Capital to support over £300 million in annual loan originations, including a euro-denominated line for Irish SMEs. Since 2014, 365 Finance has provided over £500 million to UK and Irish SMEs, growing 50% annually since 2020. CEO Warren Abbey highlighted the firm’s commitment to flexible, technology-driven lending for small businesses.

Advisory services provider Finativ and STH Consulting, an asset emissions data specialist, have forged a strategic partnership to deliver Scope 3 emissions reporting solutions. This collaboration will focus on addressing the growing demand from finance companies to measure, analyse, and manage emissions generated by financed vehicles and equipment.