For Immediate Release
Lake Forest, IL. January 18, 2011
Leasing services provider, Kingsbridge Holdings, LLC is rapidly expanding with the December 30, 2010 acquisition of Capital, Technology & Leasing, LLC (“CT&L”), specialists in providing leases and financing for IT equipment to a wide range of commercial and educational Customers. “This acquisition will enable deeper penetration into the technology leasing market. It also will expand our account base with quality lesseesand positions our firm in this high-growth leasing industry segment,” said Dan Flagstad, founder and co- CEO of Kingsbridge Holdings.
For Capital, Technology & Leasing, the acquisition was a perfect fit. Robert A. Chlebowski, President of CT&L states, “Kingsbridge Holdings will provide capital to fuel our growth.”
The Kingsbridge Holdings acquisition positions the firm well at a time where there is a growing need for companies to keep up with advancing technology. Additionally synergistic is the critical importance each firm places on customer service and long-term relationships: the core of the Kingsbridge value to its customers.
About Kingsbridge Holdings, LLC.
Kingsbridge Holdings provides intelligent, independent financing solutions to help customers make the best decisions regarding equipment acquisition. The combination of market knowledge, efficient execution, and superior customer service is the reason customers truly enjoy doing business with this great team.
CT&L provides nationwide lease financing and asset services to commercial and educational Customers. The Wildwood, MO company offers a complete suite of leasing options that maximize customer IT infrastructure while conserving cash, capital and debt facilities.
Dan Flagstad, founder and Co-CEO, Kingsbridge Holdings