An affiliate of Peak Rock Capital LLC, a middle-market private investment firm, has made a growth investment in Delta Financial Group, an equipment finance business that provides capital for enterprise-level, business-critical equipment.
“This partnership with Peak Rock is truly transformative for our business,” said Dave Riggleman, CEO and managing partner of Delta Financial. “It reflects a mutual recognition of the compelling opportunities and Delta’s unique position in the marketplace. Peak Rock’s experience in the financial and capital markets makes them an ideal partner for Delta, as we continue to originate and manage high quality assets, provide best-in-class solutions to our customers and build out an exceptional team.”
“We are excited to develop and grow our equipment finance and asset management platform. Our architecture, products, and services are carefully structured to position us for strong and sustainable growth” said Adam Woodard, CIO and managing partner of Delta Financial.
Nick Basso, Managing Director at Peak Rock, said, “Delta has assembled an exceptional team to capitalize on the market opportunity in equipment finance, creating an engine that powers leasing for essential equipment across a diverse universe of industries and asset classes. The team has an excellent reputation in the industry for its service, knowledge, and problem solving. We are excited to partner with Dave, Adam and the entire organization as they position Delta for rapid growth.”