Revolution Capital Acquires Grand Financial New York

Revolution Capital, a provider of factoring and cash flow financing in Canada and the United States, acquired Grand Financial New York, a factoring company specializing in staffing and transportation.

"We're thrilled to be combining our strengths with Revolution Capital, the fastest growing factoring company in North America," Jacob Ross, vice president of Grand Financial New York, said. "This represents new growth opportunities for our clients and we look forward to building the business together."

Ross will stay on with Revolution Capital to help contribute to the company’s growth as it expands its reach in the United States.

"Grand Financial New York Corp. serviced the eastern corridor of U.S. with the same passion and commitment to their clients that we provide at Revolution Capital," Loren Shifrin, CEO of Revolution Capital, said. "So, it's a partnership that made sense. Together we'll be able to offer greater efficiencies on a wider scale to our North American clients. "

As previously reported, Revolution Capital also recently acquired Growth Capital, a factoring firm specializing in the transportation industry.