April 2018

Hercules Capital Acquires Gibraltar Business Capital

Hercules Capital purchased Gibraltar Business Capital to enter the ABL market. Cartoonist Jerry Gonzalez shares his take on this mythical matchup.

ABFJ Final Cut April 2018

Hercules Capital entered the commercial finance sector through its acquisition of the outstanding equity of Gibraltar Business Capital. Gibraltar will be a portfolio company of Hercules but will continue to operate under the same brand name as an independent, senior secured asset-based lender to select small and mid-market businesses.

“Our acquisition of Gibraltar, Hercules’ second strategic completed acquisition, represents a unique opportunity to invest in one of the leading established asset-based lenders in the country,” said Manuel A. Henriquez, founder, chairman and CEO of Hercules.”