M&A Deal Summary

Centra Funding Acquires LeaseQ

On May 7, 2024, Centra Funding acquired financial services company LeaseQ

Acquisition Highlights
  • This is Centra Funding’s 1st transaction in the Financial Services sector.
  • This is Centra Funding’s 1st transaction in the United States.
  • This is Centra Funding’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2024-05-07
Target LeaseQ
Sector Financial Services
Buyer(s) Centra Funding
Deal Type Add-on Acquisition

Target

LeaseQ

Burlington, Massachusetts, United States
LeaseQ is an online marketplace that serves businesses for equipment financing, equipment dealers seeking an integrated financing solution at the point of sale, and finance companies seeking applications tailored to their funding requirements. LeaseQ was formed in 2011 and is based in Burlington, Massachusetts.

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Buyer(S) 1

Buyer

Centra Funding

Plano, Texas, United States

Category Company
Founded 2006
Sector Financial Services
DESCRIPTION

Centra Funding is a nationwide equipment finance company that offers simple finance solutions to new and existing small- and medium-sized businesses in acquiring equipment. The company finances business in almost every industry sector and its direct lending capabilities allow it to provide innovative and flexible options for customers’ equipment financing needs. Centra Funding was formed in 2006 and is based in Plano, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1