M&A Deal Summary

First Financial Canadian Leasing Acquires NorFund Capital

On December 8, 2022, First Financial Canadian Leasing acquired financial services company NorFund Capital

Acquisition Highlights
  • This is First Financial Canadian Leasing’s 1st transaction in the Financial Services sector.
  • This is First Financial Canadian Leasing’s 1st transaction in Canada.
  • This is First Financial Canadian Leasing’s 1st transaction in Ontario.

M&A Deal Summary

Date 2022-12-08
Target NorFund Capital
Sector Financial Services
Buyer(s) First Financial Canadian Leasing
Deal Type Add-on Acquisition

Target

NorFund Capital

Toronto, Ontario, Canada
NorFund Capital is an independent leasing company specializing in capital equipment, solar and alternative energy, and vendor finance programs. NorFund Capital is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

First Financial Canadian Leasing

Toronto, Ontario, Canada

Category Company
Sector Financial Services
DESCRIPTION

First Financial Canadian Leasing is a privately held equipment finance comoant that provides businesses with equipment financing for all categories of commercial assets and various industries, including construction and heavy equipment, IT solutions and services, material handling and automation, and solar and renewable energy. First Financial Canadian Leasing is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1