Megill-Stephenson invests in Sonoma Capital - Private Capital Journal
Summary
Megills investment provides more than capital; it signals a confidence in the industry and a belief in Sonomas future as Winnipegs Chipman family makes its return back into the equipment finance market. We have full confidence in the senior leadership team as Sonoma embarks on its next stage of growth and we look forward to, once again, making our mark on the Canadian equipment finance scene, said Jeoff Chipman, Chairman of Megill.After previously spending twenty successful years with the Chipman family in the Canadian equipment finance market, we know how exciting this partnership is moving forward to support Sonoma as a leader in our industry. This new partnership will allow us to further attract talent, enhance operational efficiencies, and further support our clients, suppliers, brokers, and securitization partners, into the future, said Michael Dubowec.Randy Smyth added, I have always been impressed with the Chipman family and their long-term successful track record in the equipment finance market. With Sonomas head office in Winnipeg, MB, and the deep history of the Chipman family in the equipment finance industry, it is a natural partnership we are excited to announce. I look forward to working with our new board members and entire Megill team as it feels like a homecoming for all of us.It is a very rare opportunity to get back into an industry where you have had success in the past, with people you know and trust, who have a demonstrated track record of growth.