October 22, 2016 3:24 PM ET

Diversified Financial Services

Company Overview of Ascentium Capital LLC

Company Overview

Ascentium Capital LLC provides equipment lease and financing solutions to small-to-mid-size companies in the United States. It finances and leases computer hardware and software, and business and office machines; and office furniture, food service equipment, commercial vehicles, office imaging equipment, industrial machinery, instrumentations, medical equipment, and franchise assets. The company also partners with equipment manufacturers, distributors, and resellers to offer equipment finance to their customers. The company was founded in 2011 and is headquartered in Kingwood, Texas.

23970 Highway 59 North

Kingwood, TX 77339-1535

United States

Founded in 2011





Key Executives for Ascentium Capital LLC

Chief Executive Officer
Age: 57
President and General Manager of Merchant Finance
Chief Financial Officer and Executive Vice President
Executive Vice President and Chief Information Officer
Senior Vice President and General Counsel
Compensation as of Fiscal Year 2016.

Ascentium Capital LLC Key Developments

Ascentium Capital Eyes Acquisitions

Ascentium Capital LLC is looking for acquisition opportunities. Warburg Pincus announced that funds affiliated with the firm have agreed to acquire Ascentium Capital. "We see a compelling market opportunity to continue to build Ascentium to become a multi-product capital provider to small businesses through both organic growth and complementary acquisitions," said Arjun Thimmaya, Managing Director, Warburg Pincus.

Ascentium Capital LLC Presents at 22nd Annual ABS East Conference, Sep-20-2016 01:30 PM

Ascentium Capital LLC Presents at 22nd Annual ABS East Conference, Sep-20-2016 01:30 PM. Venue: Fontainebleau Miami Beach, 4441 Collins Avenue, Miami Beach, FL 33140, United States. Speakers: Evan Wilkoff, Executive Vice President of Capital Markets.

Ascentium Capital Launches Merchant Finance Division; Appoints Bob Neagle to Manage New Division

Ascentium Capital has created a merchant finance division offering a specialized financing program to independent sales organizations (ISO's) and to their clients, retail merchants. The merchant finance program has a streamlined approval and financing process for both the ISO's and the merchants. Merchants are able to finance nearly anything including countertop to tablet-based POS equipment as well as have access to small business loans to meet working capital needs and other financing and leasing options for business equipment and technology. The new division will be managed by Bob Neagle, president and general manager of merchant finance, who recently joined Ascentium Capital from First Data Global Leasing. Neagle brings over 12 years of expertise in the merchant finance segment and over 30 years in financing.

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