Skip to content

Regions Bank to Acquire Leading Equipment Finance Lender Ascentium Capital

Vinson & Elkins advised management of Ascentium Capital, a portfolio company of Warburg Pincus, in the sale of Ascentium Capital to Regions Bank, one of the nation’s largest full-service providers of consumer and commercial banking, wealth management and mortgage products and services with $126 billion in assets.

Ascentium Capital, headquartered in Kingwood, Texas, is the largest independent equipment finance lender in the United States with approximately $2 billion in loans and leases as of year-end and originations of $1.5 billion in 2019.

The V&E team was led by James Garrett and Michael Marek with primary assistance from Kristy Fields, Shane Tucker, Sean Becker and Todd Way.

For more information, please speak with our media contacts.

Key Contacts