A private equity company has acquired a majority stake in Genesis Capital Finance, a lender to independent owner-operators buying trucks.
In a prepared statement released last week, Fourshore Partners did not provide information on the size of the acquisition or what stake it now holds in the Arizona-based lender.
Foreshore declined a request by FreightWaves for more information, referring back to the press release.
On its webpage, Florida-based Fourshore says it mostly seeks to invest in...