Greenwich, CT – Bharcap Partners, a prominent private investment firm specializing in the financial services sector, has announced its strategic acquisition of Red Oak Inventory Finance. This acquisition marks a significant expansion for BharCap Partners and is poised to enhance Red Oak’s position as a leading provider of inventory financing solutions across diverse industries.
Red Oak Inventory Finance, formerly a division of ECN Capital, is recognized for its expertise in delivering tailored floorplan finance solutions to manufacturers and dealers. Specializing in the RV, Marine, and Trailer industries, Red Oak offers customized financial products designed to optimize inventory management, improve cash flow, and drive growth for its partners. The acquisition by BharCap Partners signals a new chapter for Red Oak, promising to amplify its customer-centric approach and market effectiveness.
Red Oak Inventory Finance team, now backed by BharCap Partners, ready to enhance customer experience and expand market reach.
Jeff Collins, CEO of Red Oak Inventory Finance, expressed enthusiasm about the acquisition, stating, “Partnering with BharCap Partners is an exciting milestone for Red Oak. This acquisition provides us with the resources and strategic alignment to significantly enhance our customer experience, deepen our industry relationships, and serve our markets with even greater impact.”
Ethan Wang, Co-Founder and Partner at BharCap Partners, also commented on the strategic fit, “We are thrilled to welcome Red Oak to the BharCap portfolio. Their dedication to their clients and deep understanding of the inventory finance market are perfectly aligned with our investment strategy. BharCap’s experience in supporting complex carve-outs and our extensive network within financial services will be instrumental in accelerating Red Oak’s growth and further solidifying its market leadership.”
The synergy between Red Oak’s specialized inventory finance solutions and BharCap Partners’ robust resources and industry acumen is expected to create significant benefits for clients. This partnership will facilitate streamlined processes, foster innovation in financial products, and provide businesses with enhanced tools to optimize their inventory management and achieve sustainable growth. BharCap Partners’ investment in Red Oak underscores its commitment to strengthening businesses within the financial services landscape and delivering value to its portfolio companies and their customers.
About BharCap Partners:
BharCap Partners, LLC is a private investment firm focused on building businesses within the financial services industry. With a portfolio spanning specialty finance, insurance, asset and wealth management, and fintech, BharCap Partners leverages its deep industry expertise and significant capital resources to support growth and value creation. As a minority-owned and controlled firm, BharCap manages over $2.2 billion in capital and has a track record of successful investments across the financial services sector. For more information about BharCap Partners, please visit www.bharcap.com.
