eCapital, a technology-enabled provider of financing for small and medium-sized businesses across North America and the UK, acquired LSQ, a company in working capital finance and payment services, and its subsidiaries.
“This acquisition significantly enhances eCapital’s capacity to deliver scalable working capital solutions,” Marius Silvasan, CEO of eCapital, said. “LSQ’s proven expertise in technology-driven financing and its solid portfolio position us to widen our footprint and accelerate our impact in the marketplace. LSQ complements eCapital’s focus on streamlining access to the capital businesses need to thrive in today’s fast-paced economic environment.”
“eCapital’s velocity has been impressive to watch and joining the organization marks an exciting new chapter for LSQ, allowing us the opportunity to amplify our collective reach,” Dan Ambrico, CEO of LSQ, said. “Throughout the acquisition process, we identified strong synergies in our approaches to business, client service and technology. We’re ready to combine our strengths and drive client success, setting a new industry standard.”
“This is a noteworthy step forward in our mission to empower businesses with smarter, faster, and more flexible financing options,” Silvasan said. “We welcome LSQ’s talented team to eCapital and look forward to achieving new milestones together.”
