Falfurrias Capital Partners, a Charlotte-based private equity firm, has invested in Commercial Credit Group (CCG), a provider of equipment financing for the construction, fleet transportation and waste industries.
The transaction totaled approximately $20m and included a purchase of preferred stock and an equity infusion to support the company’s growth.
CCG is an independent commercial equipment finance and leasing company focused on purchase money and refinance transactions in the construction, fleet transportation and waste industries. Commercial Credit Group sources transactions through end-users, equipment vendors and manufacturers.
Typical transaction size ranges from $100,000 to $2,500,000.
Headquartered in Charlotte, North Carolina, CCG also has a full-service office in Naperville, Illinois.
CCG’s experienced sales team operates throughout the United States.