Elevex Capital, an equipment payment solutions company, acquired BancLeasing, an equipment leasing company providing community and regional banks with a fully outsourced equipment leasing platform since 1998. The transaction doubles Elevex’s assets under management and significantly expands the company’s financial institutions group, which provides equipment payment solutions through community bank and credit union partnerships. Terms of the transaction were not disclosed. The acquisition brings 27 bank partnerships, approximately $83 million in managed assets and an experienced team of professionals with relationships across the community banking...