Delta Events

Delta Financial Group Hosts Inaugural Diversity, Equity, and Inclusion (DEI) Meeting

February 28, 2023, 07:15 AM

Delta Financial Group (Delta) hosted its inaugural Partner Conference on Feb. 7-9 at the historic Belleview Inn (circa 1897) in Belleair Bluffs, FL. The conference focused on Diversity, Equity and Inclusion (DEI) topics presented to equipment leasing industry bankers, syndicators and investors who team up with Delta.

As a certified service-disabled veteran owned small business, Delta shared a unique prospective to its partners that DEI is important to most of their customers.

Jerry Herrmann, Chief Commercial Officer, said, “80 percent of the S&P 500 have DEI as a focused goal stated in their annual report.” He added, “Financing equipment through a certified DEI partner like Delta adds relevant value to the participants and to their customers.”

Full Story: https://www.equipmentfa.com/news/35826/delta-financial-groups-hosts-inaugural-dei-meeting

March 2nd, 2023|0 Comments

Delta Financial Group receives significant structured growth investment from funds managed by Oaktree Capital Management

September 07, 2022 08:30 AM EDT

CLEARWATER, Fla.–(BUSINESS WIRE)–Delta Financial Group (“Delta”), an equipment finance platform that provides capital for enterprise-level, business-critical equipment, has received a significant structured growth investment from funds managed by Oaktree Capital Management, L.P. (“Oaktree”).

The structured growth investment will empower Delta to continue executing its 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 finances enterprise scale, 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 Oaktree marks a significant milestone in Delta’s history and allows us to increase our reach and origination capabilities. Oaktree’s scale and expertise in alternative investments combined with Delta’s growing position as a leader in the equipment finance market will prove complementary as we join forces to expand Delta’s portfolio of high-quality assets while providing innovative customer solutions. We are confident that this collaboration will create value for all our stakeholders and look forward to working with the Oaktree team,” said Robert T. Short, CFO of Delta Financial.

Raghav Khanna, Managing Director and Co-Portfolio Manager of the Strategic Credit strategy at Oaktree, said, “Our investment in Delta presents a unique opportunity to partner with a team that has the proven expertise to penetrate the equipment finance market, creating value for its customers and shareholders alike. Delta’s seasoned leadership and experienced sales force have spearheaded an inventive go-to-market strategy, and we are excited to partner with the Delta team as the organization enters its next phase of rapid growth. ”

About Delta Financial Group

Delta Financial Group is an independent equipment finance platform that finances business-critical equipment across a wide range of industries and asset classes. Delta Financial Group was formed by a team of industry professionals and military veterans with a strong track record and network in both equipment finance and commercial lending. For more information, visit www.leasedelta.com.

About Oaktree

Oaktree is a leader among global investment managers specializing in alternative investments, with $159 billion in assets under management as of June 30, 2022. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,000 employees and offices in 20 cities worldwide. For additional information, please visit Oaktree’s website at http://www.oaktreecapital.com/.

September 7th, 2022|0 Comments

Delta Carries the Load

Delta Financial had a great time showing our veteran support with Carry the Load on their fundraising relay in St. Petersburg, Florida. Our team, and other individuals from various organizations came to support the cause on the 4.8-mile excursion. Carry the Load is a non-profit organization that helps connect our community, veterans, first responders, military and their families. To learn more about these events and how you can help support our military and first responders in your community go to carrytheload.org

May 23rd, 2022|0 Comments

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

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.