Liberty Commercial Finance, a Top 5 Independent Equipment Lease and Finance Provider, Announces Investment from Copley Equity Partners
Investment provides capital to increase direct funding capabilities and expand operations.
TUSTIN, Calif. & DENVER–(BUSINESS WIRE)–Liberty Commercial Finance, a leading independent equipment lease and finance company, announced today that it had received a significant minority investment from Copley Equity Partners, a private investment firm focused on providing capital and resources to middle market companies with strong growth opportunities. Terms of the transaction were not disclosed.
The investment by Copley, in conjunction with a new senior credit facility, will allow Liberty to significantly add to its direct funding capabilities while continuing to be a leader in syndicated originations.
“The partnership with Copley is truly transformative for the business and we are thrilled to have them on board,” said Eric Freeman, Founder and President of Liberty Commercial Finance. “Their transactional experience from their ownership in their micro-ticket leasing business combined with our team’s mid and large ticket experience will allow us to build on Liberty’s early success and take the company to the next level. Also, to get the deal done during COVID is an incredible testament to both Copley’s long-term commitment to building a best in class finco and to what the Liberty family has built over the last 3+ years”
Andy Miller, a Managing Director and Co-Founder of Copley who will join Liberty’s Board of Directors, said “Liberty is an exceptional company that has become a leader in the equipment lease and finance industry over the past three years. We look forward to working closely with Eric and the rest of the Liberty management team as they continue to expand their direct funding capabilities and position the company for rapid growth.”
About Liberty Commercial Finance
Established in 2017, leveraging decades of deep transactional expertise, Liberty Commercial Finance provides highly competitive equipment financing and superior customer service for even the most challenging, complex organizations. Liberty Commercial Financial has funded over $600 million of originations since inception and in 2019 ranked #5 of independent lease companies. www.libertycommercial.com
About Copley Equity Partners
Copley Equity Partners is a private investment firm with offices in Denver and Boston. Copley partners with established lower middle-market businesses with significant growth prospects. Copley invests in companies across a broad range of sectors and is comfortable in both majority and minority ownership positions. Copley invests out of an evergreen, family office funded capital base making the firm agnostic to the standard private equity fundraising cycle. Copley’s patient and flexible capital base allows the firm to focus on providing each portfolio company significant support post investment. www.copleyequity.com
Contacts
Liberty Commercial Finance
Eric Freeman, (844) 816-9420
info@libertycommercial.com
Copley Equity Partners
Andy Miller, (720) 439-8499
info@copleyequity.com