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Servus Credit Union Announces Acquisition Of Stride Capital Corp. Bolstering Commercial Equipment Leasing Business Within Canada

PRIVATEJun 02, 2023

Acquiring Company

Servus Credit Union Ltd

Acquired Company

Stride Capital

CanadaFinancial ServicesLendingBankingFinancial ServicesLending

Description

Servus Credit Union Ltd. (Servus) announced today the successful acquisition of Stride Capital Corp. (Stride), a Calgary-based equipment financing and leasing provider. This move represents Servus's next step in reimagining its credit union business in response to the rapidly changing Canadian financial landscape.

Quick answer

Servus Credit Union Ltd is acquiring Stride Capital, announced June 2, 2023. Servus Credit Union Ltd is based in Canada.

How much did Servus Credit Union Ltd pay for Stride Capital?
The deal value was not disclosed.
What does Servus Credit Union Ltd do?
Servus Credit Union has served Albertans for over 80 years with a full line of secure financial services.
Where are Servus Credit Union Ltd and Stride Capital based?
Servus Credit Union Ltd is based in Canada.

Source: Fundz verified event record.

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Company Information

Company

Servus Credit Union Ltd

Location

Canada

About

Servus Credit Union has served Albertans for over 80 years with a full line of secure financial services. As one of Canada's Best Managed Companies and Canada's Best Banks, Servus has more than 100 branches in 59 communities throughout the province as well as options for online, mobile and telephone banking. Servus’s noble purpose is to help members reimagine their financial fitness, so they feel good about their money. For more information about Servus, call 1.877.378.8728 or visit servus.ca.

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Frequently asked

Who acquired Stride Capital?

Stride Capital was acquired by Servus Credit Union Ltd, based in Canada. The deal was reported on June 2, 2023. Servus Credit Union has served Albertans for over 80 years with a full line of secure financial services. Servus Credit Union Ltd is privately held and operates in Financial Services.

When did Servus Credit Union Ltd acquire Stride Capital?

Servus Credit Union Ltd's acquisition of Stride Capital was reported on June 2, 2023. Servus Credit Union Ltd. (Servus) announced today the successful acquisition of Stride Capital Corp. (Stride), a Calgary-based equipment financing and leasing provider. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Stride Capital do?

Stride Capital is a Calgary-based equipment financing and leasing provider that blends modern finance products with a common-sense lending model throughout Canada. For more information about Stride, call 1.403.930.2175 or visit stridecap.com. It is privately held, operating in Financial Services.

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