BharCap Partners acquires Red Oak Inventory Finance to boost commercial lending capabilities

In a strategic move to bolster its position in the financial services sector, BharCap Partners, LLC, a private investment firm based in Greenwich, CT, specializing in the financial services sector, has announced its recent acquisition of Red Oak Inventory Finance from ECN Capital (TSX: ECN). This transaction marks a significant expansion for BharCap, emphasizing its commitment to delivering innovative financial solutions across various industries.

Red Oak Inventory Finance, recognized as a leading national provider of inventory financing solutions, is celebrated for its bespoke financial services catering to the RV, Marine, and Trailer industries. By offering tailored financial solutions, Red Oak facilitates distribution channels across these markets, enhancing growth, optimizing inventory management, and improving cash flow for businesses.

Jeff Collins, CEO of Red Oak Inventory Finance, expressed enthusiasm about the acquisition, stating, “I am thrilled to announce our acquisition by BharCap and our subsequent partnership with their team. This exciting transition marks a significant milestone in our evolution and positions us incredibly well to further enhance the Red Oak customer experience.”

The partnership between Red Oak and BharCap is poised to deepen strategic relationships and foster a customer-centric culture, aiming to serve markets with unmatched effectiveness. BharCap’s co-founder and partner, Ethan Wang, highlighted the synergy between the two entities, emphasizing BharCap’s expertise in executing complex corporate carve-out transactions and its deep knowledge of the financial services sector.

With this acquisition, clients of Red Oak can anticipate an even broader suite of services, tailored specifically to their unique needs. The collaboration is expected to streamline processes, boost efficiency, and introduce innovative financial products, empowering businesses to achieve optimal inventory management and sustainable growth.

This move is part of BharCap’s broader strategy to invest in companies that show promise for revolutionizing the financial services landscape. By aligning with Red Oak Inventory Finance, BharCap reinforces its commitment to supporting businesses through advanced financial solutions and strategic partnerships.