Fourshore Partners Acquires Power Funding LTD

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.

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.

Fourshore Partners Acquires Buske Logistics

March 14, 2022

Logistics & Distribution

Fourshore Partners has acquired Buske Logistics, a third-party logistics provider with over 4.5 million square feet of warehousing across more than 20 locations in the U.S. and Canada. The deal establishes Buske as a Fourshore platform to support its next stage of growth across packaging, food & beverage, and automotive end markets.

Vista Equity Partners Acquires Power Factors

July 27, 2021

Software

Vista Equity Partners has signed a definitive agreement to acquire Power Factors LLC, a provider of enterprise software for renewable energy asset performance and analytics. The deal also includes participation from Q-GRG Ventures (Quantum Energy Partners and Global Reserve Group) and Energy Impact Partners to support Power Factors’ product innovation and global growth.

Northrim BanCorp Acquires Sallyport Commercial Finance, LLC

October 31, 2024

Financial Services

Northrim BanCorp, Inc. completed an all-cash acquisition of Sallyport Commercial Finance, LLC on October 31, 2024 for approximately $53.9 million. Sallyport — a Houston/Sugar Land-based specialty finance firm focused on factoring, asset-based lending and alternative working capital for SMEs — will operate as a wholly-owned subsidiary and its executive management will remain in place; Northrim expects the deal to be ~15% earnings accretive to 2025 results.