“The addition of MarCap is an important strategic step in establishing Tygris as a leader in middle market equipment leasing and healthcare finance,” says Frederick E. “Rick” Wolfert, chief executive officer of Tygris. “We are excited by the opportunities in the asset finance market and we look forward to leveraging MarCap?s experience and capabilities as we expand in this large and fast-growing sector.”
For more than 30 years, MarCap has provided financing for healthcare organizations, including ASCs, hospitals, cancer centers, dialysis centers and diagnostic imaging centers. MarCap specializes in developing creative, flexible financing solutions to meet a variety of client needs. MarCap is a leading provider of financing for physicians and entrepreneurs around the country, and since 2001, the company ranks among the 100 largest equipment finance and leasing companies in the U.S. according to Monitor magazine. MarCap will play a key role in Tygris’s mandate of providing liquidity and growth capital to middle market companies throughout North America.
“MarCap has a deep understanding of the financing needs of their healthcare clients and strong industry relationships. Its team has built a leading healthcare specialty finance company that will become the first specialized industry segment for Tygris Asset Finance,” says Laird Boulden, president of Chicago-based Tygris Asset Finance. “This is a natural fit for us. MarCap is fully dedicated to the middle market and completely aligned with our back-to-basics philosophy.”
