Acquiring Company
Desjardins Global Asset Management
Acquired Company
Bennington Financial
TorontoTorontoFinancial ServicesBankingFinancial ServicesDescription
Equitable Bank, held by EQB Inc., has entered into a definitive agreement to sell Bennington Financial Corp., a commercial equipment leasing and financing provider, to Desjardins Group. Desjardins will acquire 100% of Bennington's shares at a price equivalent to a discount of approximately 8% of lease receivables. The transaction is expected to close in the first half of 2027, subject to customary closing conditions.
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Frequently asked
Who acquired Bennington Financial?
Bennington Financial was acquired by Desjardins Global Asset Management, based in Toronto. The deal was reported on October 29, 2026. Desjardins Global Asset Management Inc. is an affiliate of Desjardins Group. It offers a variety of investment management solutions designed to meet client needs. Desjardins Global Asset Management is privately held and operates in Financial Services.
When did Desjardins Global Asset Management acquire Bennington Financial?
Desjardins Global Asset Management's acquisition of Bennington Financial was reported on October 29, 2026. Equitable Bank, held by EQB Inc., has entered into a definitive agreement to sell Bennington Financial Corp., a commercial equipment leasing and financing provider, to Desjardins Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bennington Financial do?
Bennington Financial Corp. is a commercial vehicle and equipment leasing and financing company, providing business solutions for new and established businesses across Canada. It is privately held, operating in Financial Services, and is based in Toronto.
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