✉news BusinessFinance first seen 14 h ago, last 12 h ago, peak #10
Stonepeak Completes Acquisition of BMO Finance Units
Original: Stonepeak Completes Acquisition of BMO's Transportation and Vendor Finance Businesses and Launches Longview Capital Solutions
Investment firm Stonepeak has completed its acquisition of BMO's transportation and vendor finance businesses and launched a new platform, Longview Capital Solutions, to house them. The deal moves two specialist lending operations from the Canadian bank to the infrastructure investor. News of the closing and the launch of the rebranded business circulated through financial outlets, with attention on how the new firm will position itself in transport and equipment finance markets.
Why now: The completion of a notable bank asset sale and the launch of a new finance platform is fresh news in the finance sector.
StonepeakBMOLongview Capital Solutions
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