M&A Deal Summary |
|
|---|---|
| Date | 2020-07-08 |
| Target | Transport Financial Solutions - Transportation Factoring Assets |
| Sector | Transportation |
| Buyer(s) | Triumph Business Capital |
| Sellers(s) | Transport Financial Solutions |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2004 |
| Sector | Business Services |
Triumph Business Capital offers invoice factoring and payment processing solutions to transportation and other service industries. Triumph Business Capital was formed in 2004 and is based in Coppell, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Transportation) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2020) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2012 |
| Sector | Transportation |
Transport Financial Solutions assists companies in improving the predictability of their cash flow through secure invoice factoring services. Our clients receive the working capital they need usually within 24 hours, to help meet their daily cash requirements and expand their business. With invoice factoring from TFS, the hassle of collections and burden of slow-pay clients are removed. You have the freedom you need to pursue additional business. TFS was formed in 2012 and is based in Chattanooga, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Transportation) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2020) | 1 of 1 |
