Alta, Kropschot Announce Recent Transactions
For Immediate Release:
Media contact: Susan Carol
540-361-1274
sca@scapr.com
SAN ANTONIO, TEXAS, DEC. 18, 2008--Kropschot Financial Services, a unit of The Alta Group, announced the completion of several recent client assignments. Kropschot Financial Services represented SWC Credit Leasing LP, of San Antonio, Texas, in the sale of its equipment lease portfolio to Kapok Investment Group, LLC, in October. Kropschot Financial Services initiated this transaction and served as exclusive financial advisor to SWC Credit Leasing LP.
In another recent transaction, Kropschot Financial Services initiated the sale of a 50 percent ownership interest in a small-ticket equipment leasing company to a private investor in a transaction that has not yet been publicly announced. The firm also reported that is has secured new financing relationships for three of the firm's clients.
Despite the current difficulties in the financial markets, Bruce Kropschot, managing principal of The Alta Group's M&A Advisory Division, reports that there is continuing interest in acquisitions of equipment leasing and financing businesses.
"Acquirers that have financing availability believe that this is a good time to acquire leasing businesses that need additional funding sources," he said. "Some owners of leasing businesses that are having difficulty servicing the needs of their lessees and vendors due to capital market disruptions have concluded that an affiliation with a capital source can enable them to not only satisfy the needs of their current relationships but also secure new relationships that are available because a number of competitors have exited certain segments of the market."
The Alta Group has offices worldwide and is a leading provider of consulting and M&A advisory services to equipment leasing and financing companies. More information is available at http://www.thealtagroup.com.
