Generosity Lending Services Acquires FinBe USA from Bepensa Capital

Beach Point Capital Acquires bfinance from Baird Capital

February 14, 2023

Financial Services

Beach Point Capital has acquired bfinance in a secondary buyout, providing a full exit for Baird Capital's private equity team. bfinance, a London-headquartered financial services advisor founded in 1999, delivers manager research, portfolio design and monitoring services to institutional investors globally.

Franklin BSP BDCs Acquire Encina Equipment Finance

January 5, 2022

Financial Services

Franklin BSP Lending Corporation and Franklin BSP Capital Corporation, BDCs advised by Benefit Street Partners, acquired substantially all equity interests of Encina Equipment Finance, LLC. Encina will remain headquartered in Westport, Connecticut with management, including CEO Rick Matte, continuing to lead the business and retaining a minority stake; the acquisition provides a permanent capital base to support growth of Encina's equipment finance platform across the U.S. and Canada.

Luxury Asset Capital Acquires Beverly Loan Company and New York Loan Company

March 24, 2022

Financial Services

Luxury Asset Capital has acquired Beverly Loan Company (Beverly Hills, CA) and New York Loan Company (Midtown Manhattan), combining them with its Borro platform to create the nation's largest privately-held luxury collateral loan portfolio. The deal adds prominent brick-and-mortar presence in Los Angeles and New York and expands Luxury Asset Capital's alternative lending capabilities for affluent, high-net-worth clients.

H.I.G. Capital Acquires BECO Holding Company from Behrman Capital

November 4, 2021

Logistics & Distribution

An affiliate of H.I.G. Capital has acquired BECO Holding Company, Inc. from Behrman Capital; financial terms were not disclosed. BECO, headquartered in Charlotte, North Carolina, operates 16 distribution centers and provides fire suppression, life safety and kitchen system products and services; the company's leadership will remain with a significant ownership stake in the recapitalized business.

Fourshore Partners Acquires Majority Stake in Genesis Capital Finance

March 12, 2021

Financial Services

Fourshore Partners, a Miami-based private equity firm, has acquired a majority stake in Genesis Capital Finance, a specialty lender that provides commercial truck loans to independent owner-operators. The investment is intended to fuel growth at Genesis and support its fast, personalized financing capabilities for owner-operators and small fleets; financial terms were not disclosed.

ChoiceOne Financial Services Acquires Fentura Financial

March 3, 2025

Financial Services

ChoiceOne Financial Services, Inc. completed the merger of Fentura Financial, Inc. into ChoiceOne effective March 1, 2025, creating a bank holding company with assets exceeding $4 billion and a combined network of 56 offices across Michigan. The combined organization will be headquartered in Sparta, Michigan and expands ChoiceOne's presence into Central and Southeastern Michigan to enhance commercial and consumer lending capabilities and digital and branch banking services.