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Delta Financial Group Receives Significant Growth Investment from an Affiliate of Peak Rock Capital

Posted 09/21/2021

Proceeds will empower Delta to further expand its business against the backdrop of a rapidly accelerating equipment financing and leasing market

CLEARWATER, Fla., Sept. 21, 2021 /PRNewswire/ — Delta Financial Group (“Delta”), an equipment finance platform that provides capital for enterprise-level, business-critical equipment, has received a significant strategic growth investment from an affiliate of Peak Rock Capital LLC (“Peak Rock”), a leading middle-market private investment firm.

The structured growth investment will empower Delta to execute an innovative, scalable, and institutional approach to the $1.4 trillion equipment finance and leasing market. Delta, established by a team of industry professionals and military veterans, primarily focuses on enterprise scale “Fair Market Value” operating leases of mission-critical assets across a range of industries. The company’s core social impact objective is to engage and benefit the military veteran community.

“This partnership with Peak Rock is truly transformative for our business. It reflects a mutual recognition of the compelling opportunities and Delta’s unique position in the marketplace. Peak Rock’s experience in the financial and capital markets makes them an ideal partner for Delta, as we continue to originate and manage high quality assets, provide best-in-class solutions to our customers and build out an exceptional team,” said Dave Riggleman, CEO & Managing Partner of Delta Financial.

“We are excited to develop and grow our equipment finance and asset management platform. Our architecture, products, and services are carefully structured to position us for strong and sustainable growth” said Adam Woodard, CIO & Managing Partner of Delta Financial.

Nick Basso, Managing Director at Peak Rock, said, “Delta has assembled an exceptional team to capitalize on the market opportunity in equipment finance, creating an engine that powers leasing for essential equipment across a diverse universe of industries and asset classes. The team has an excellent reputation in the industry for its service, knowledge, and problem solving. We are excited to partner with Dave, Adam and the entire organization as they position Delta for rapid growth.”

September 21st, 2021|0 Comments

Volunteers to Clean National Cemeteries on National Day of Service

Volunteers interested in cleaning headstones in national cemeteries can sign up for a National Day of Service to be held in 65 locations Sept. 10.

“The National Day of Service is an inspiring way to bring into focus the lives lost in the terrorist attacks on our country,” said Under Secretary for Memorial Affairs, Matt Quinn. “As we reflect on the tragic events of 20 years ago, it is also appropriate to remember and honor the men and women who have given their lives throughout the Global War on Terror. Volunteering to assist with beautification projects to keep our cemeteries at national shrine standards is a fitting tribute to thank all of our brave heroes for their sacrifices on our behalf.”

To find an event near you click here.

Volunteers interested in participating in the National Day of Service should sign up at Carry the Load Register.

September 7th, 2021|0 Comments

Lunch with Juan

Having a business breakfast this morning in St. Petersburg, we were honored to meet and get to briefly know Army Sargent First Class (Retired) Juan Santiago, a highly decorated veteran in town for a military conference. Since my colleagues at breakfast are executives with Delta Financial, a Certified Service-Disabled firm, and Veteran-Owned Business, the meeting had significance. Santiago served for more than three decades, including several years in Vietnam, and in addition to learning several new languages (besides his native Puerto Rican Spanish), he learned to fly helicopters and fixed wing aircraft as needed to execute the many military missions in which he took part … and in many cases, led. What an inspiration. Sgt. Santiago, we salute you and thank you for your service! The group pictured here are, from left, Jerry Herrmann of Delta Financial, Sgt. Santiago, Pat Worsham and Adam Woodard, also of Delta Financial, and Andrew Bowen of Clearview Communications.


June 3rd, 2021|0 Comments

Delta is an independent provider of equipment financing solutions. As a certified Service Disabled Veteran Owned Small Business, we are focused on originating and servicing Fair Market Value (FMV) operating leases for enterprise-level, business-critical equipment across a wide range of industries and asset classes.

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