Servus Credit Union Acquires Stride Capital Corp.
June 2, 2023
Servus Credit Union Ltd. has acquired Calgary-based Stride Capital Corp., an equipment financing and leasing provider, to strengthen its commercial equipment leasing capabilities across Canada. Most of Stride's management and all ~20 employees will join the new Servus subsidiary, enabling expanded leasing capacity for Servus members and Stride clients across agriculture, construction, transportation and other sectors.
- Buyers
- Servus Credit Union Ltd.
- Targets
- Stride Capital Corp.
- Industry
- Financial Services
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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