An affiliate of middle-market private investment firm Peak Rock Capital (Peak Rock) has made a significant strategic growth investment in Delta Financial Group, an equipment finance platform.
The structured growth investment will empower Delta to execute an innovative, scalable, and institutional approach to the USD1.4 trillion equipment finance and leasing market. Delta, established by a team of industry professionals and military veterans, primarily focuses on enterprise scale “Fair Market Value” operating leases of mission-critical assets across a range of industries. The company’s core social impact objective is to engage and benefit the military veteran community.
“This partnership with Peak Rock is truly transformative for our business. It reflects a mutual recognition of the compelling opportunities and Delta’s unique position in the marketplace. Peak Rock’s experience in the financial and capital markets makes them an ideal partner for Delta, as we continue to originate and manage high quality assets, provide best-in-class solutions to our customers and build out an exceptional team,” said Dave Riggleman, CEO & Managing Partner of Delta Financial.
Read more/Source: Private Equity Wire
