Seabury Capital and Equipment Finance Group Form New Global Platform for Cross-Border Equipment Finance Solutions
Partnership Will Provide Manufacturers Across a Broad Spectrum of Industries with Customized Vendor–Based Captive Finance Programs
NEW YORK – March 10, 2015 – Seabury Capital (“Seabury”), a leading global advisory and professional services firm, and Equipment Finance Group (“EFG”), a provider of captive finance supplier-based machinery finance and trade finance, announced today the formation of Seabury Equipment Finance Group LLC (“SEFG”). This new company will provide manufacturers across a broad range of industries with market leading supplier-based finance solutions.
SEFG will provide multinational manufacturers with export finance products absent in traditional markets, ensuring that they have access to a range of services and expertise specifically tailored to increase their competitiveness across the global markets. Seabury, with its headquarters in New York and professionals based in 14 countries on five continents and clients in over 50 countries, is a leading global advisory, software and capital markets/asset management group with clients in Aviation, Aerospace & Defense, Government, Financial Exchanges and Financial Services, Insurance, IT/Software, Travel, Transportation and related industries.
“While equipment buyers often look to their suppliers to provide financial solutions, few equipment builders have the expertise or capital to provide extensive credit terms to their customers, especially when dealing in numerous regions and countries,” said Seabury Asset Management Chief Executive Officer and Global Head of Specialists Funds and Financial Solutions, Margaret L. Chan. “We aim to provide affordable, innovative payment solutions to buyers regardless of their geographic location while offering OEMs efficient cross-border funding sources.”
Christopher Lyle, SEFG’s President & CEO, and Justin P. Goheen, SEFG’s Chief Operating Officer, with a combined 45 years of equipment finance and structured trade finance experience, will be backed by Seabury’s capital markets expertise. “Seabury’s global platform allows us to not only compete in the global trade market, but to pioneer new financing structures,” said Christopher Lyle. “SEFG will become a powerful influence providing buyers with unique, supplier-based finance programs. We will enable our manufacturing partners to offer aggressive, borderless finance solution to their buyers.” For more information, visit www.seaburyefg.com.
ABOUT EQUIPMENT FINANCE GROUP
Equipment Finance Group partners with global manufacturers of machinery and equipment to develop and operate vendor-financing services. Creating global captive finance capabilities for a manufacturer offers their customers a one-stop-shop acquisition solution. EFG markets and services OEMs that manufacture, sell and service machinery and equipment globally.
ABOUT SEABURY GROUP
Seabury Capital LLC is a global firm founded in 1995 with two principal groups, Seabury Advisory Group LLC (“SAG”) and Seabury Capital LLC (“SeaCap”). SAG is a global advisory practice with professionals on five continents and more than 15 countries covering Aviation, Aerospace & Defense, Financial Services, Government, Insurance, Logistics, Maritime, Transportation and related industries. SAG has partnered with more than 300 clients located in more than 50 countries on more than 1,100 engagements to solve complex challenges requiring consulting, investment banking, restructuring and/or information technology solutions.
SeaCap owns and operates a number of specialty finance companies providing innovative cross-border financing for equipment and trade receivables as well as insurance-backed auto service and financial obligations. SeaCap recently launched a merchant banking to take minority equity positions in, and to provide debt financing to, middle market companies. SeaCap also owns software companies providing enterprise solutions to airlines, aerospace companies and institutional market-makers in foreign exchange and other financial markets. www.seaburygroup.com