Credit Services & Lending M&A » By The Online Investor Staff, updated Mon., Jul. 4, 10:25 AM
Recent mergers and acquisitions in the Credit Services & Lending M&A category.
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Slide #39. Element Financial Corporation — US Helicopter Portfolio
Acquirer:
Element Financial Corporation (TSE:EFN.CA)
Acquiree:
US Helicopter Portfolio
Details:
Element Financial Corporation (TSX: EFN) ("Element" or "the Company"), one of North America's leading independent equipment finance companies, today announced that it has entered into an agreement to acquire a $250 million portfolio of finance assets secured by individual helicopters operated by a diversified base of customers across a variety of industries in the U.S.
Element Fleet Management is a fleet management company providing services and financing solutions for commercial vehicle fleets and equipment fleets. Co. also provides related services programs to domestic and international companies, including fuel and maintenance service cards, remarketing, maintenance management and accident services.
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