Gibraltar Business Capital added specialty finance veterans Elijah Kaplan and Scott Simmons to its business development team.

Located in New York, Kaplan has more than 16 years of experience in financing, acquiring and advising middle-market businesses through leveraged buyouts, acquisitions, recapitalizations and restructurings. He honed his collaborative approach to working with management teams and private equity sponsors while at Deloitte CRG, Hudson Capital Partners, Marathon Asset Management and Albion Investors.

Based in Dallas, Simmons joined Gibraltar with 25 years of experience in building relationships and structuring deals focusing on the lower end of the middle market. During his time with FINOVA/Textron, First Capital and AloStar, Scott utilized his consultative approach to become an advisor for borrowers and referral sources, including junior and specialty lenders and equity sponsors.

“The addition of our two new business development executives strengthens our reach nationally and allows us to maintain strategic momentum,” said Gibraltar Executive Vice President and Head of Sales Anthony DiChiara. “We welcome Scott and Elijah and believe their extensive experience will add depth to our ever-growing team and further our mission to provide our clients with fast, flexible, and creative lending.”