Northrim BanCorp Acquires Sallyport Commercial Finance, LLC

Fourshore Partners Acquires Power Funding LTD

December 29, 2023

Financial Services

Fourshore Partners, a Miami-based private equity firm, has acquired Power Funding LTD, a Houston-based factoring company that provides working capital to oil & gas and trucking businesses. The deal positions Fourshore to invest in alternative banking solutions and accounts-receivable financing serving underserved transportation and energy middle-market firms.

Porter Capital Acquires Staffing-Focused Factoring Firm

February 6, 2025

Financial Services

Porter Capital has acquired a prominent staffing-focused factoring firm (name not disclosed), integrating the firm's client portfolio and key staff to expand Porter Capital’s presence in the staffing industry. The acquisition is intended to ensure uninterrupted funding access for staffing clients and to bolster Porter Capital’s tailored working-capital solutions and industry relationships.

Fourshore Partners Acquires Celtic Capital Corporation

April 29, 2022

Financial Services

Fourshore Partners, a Miami-based private equity firm, has acquired Celtic Capital Corporation, an asset-based lender specializing in financing to middle-market manufacturers, wholesalers, distributors and service providers. The deal gives Fourshore a platform in the financial services/commercial finance space to pursue growth in asset-based lending across the United States.

Scale Bank Acquires Great Plains Transportation Services and Partners Funding

October 1, 2025

Financial Services

Scale Bank has acquired Great Plains Transportation Services and Partners Funding, two Fairmont, Minnesota-based invoice factoring providers, bringing their combined team of 39 professionals and ~2,800 customers into Scale Bank’s Scale Funding and Provident Commercial Finance divisions. The acquisition expands Scale Bank’s factoring capabilities and strengthens its lending presence in the trucking and transportation end market while complementing its financing to staffing and oil & gas service companies.

SRS Distribution Acquires Sunniland Corporation

October 16, 2023

Building Products

SRS Distribution Inc., a portfolio company of Leonard Green & Partners and Berkshire Partners, has acquired Sunniland Corporation, a long-established distributor of residential and commercial roofing products and landscape fertilizers headquartered in Sanford, Florida. Sunniland will continue to operate under its existing brand with Tom Moore and the current leadership team remaining in place; the deal expands SRS's branch network and presence in the Florida/Southeast market.

The Nearshore Company Acquires Carmi Companies; Main Street Capital Invests $27.2M

November 19, 2025

Logistics & Distribution

Main Street Capital Corporation invested $27.2 million (first-lien senior secured term debt plus a minority equity stake) in The Nearshore Company to support TNC’s acquisition of the Carmi Companies. The combination brings together TNC’s Mexico-based turnkey manufacturing and warehousing services with Carmi’s transportation, logistics and customs clearance capabilities to create an end-to-end cross-border operations platform.