March 31, 2021 Peoples Bank acquired the assets of North Star Leasing of Burlington, VT from Copley Equity Partners and management. Founded in 1979, North Star Leasing provides specialized lease solutions for vendors and commercial customers across multiple industries, including automotive, plumbing, healthcare, pet supply and foodservice. North Star Leasing works with more than 10,000 equipment vendors, manufacturers and resellers to help customers finance and access equipment. With a portfolio ranked 119th by Monitor, North Star Leasing has grown its originations 18% annually from 2014 to 2020. North Star Leasing has 42 employees. “We are excited about North Star Leasing … [Read more...]
Colonnade Advises North Star Leasing on its Sale to Copley Equity Partners
BOSTON, MA; BURLINGTON, VT – Copley Equity Partners, a private investment firm based in Boston, today announced that it has completed a majority investment in North Star Leasing, a provider of equipment financing solutions for businesses in a variety of industries. Mr. Daniel Feeney, North Star Leasing’s CEO and President, will continue to lead the Company. Financial terms of the transaction were not disclosed. Founded in 1979 and headquartered in Burlington, VT, North Star Leasing provides specialized lease solutions for customers across numerous industries including Automotive, Healthcare, Pet-Supply, and Restaurant. North Star works with thousands of equipment vendors, manufacturers, and … [Read more...]