Solar Capital completed the acquisition of a majority stake in Kingsbridge Holdings from TZP for $216m.

Investment firm Solar Capital completed the acquisition of a majority stake in Kingsbridge Holdings, an independent lessor of information technology, industrial, healthcare, and commercial essential-use equipment, from TZP, a private equity firm, for $216m. "We are excited about the opportunity to expand Kingsbridge’s relationship with Solar Capital and the growth opportunities our partnership provides the Kingsbridge platform going forward. Solar Capital's stable, long-term funding will enhance Kingsbridge’s ability to provide innovative financing solutions to its clients," Dan Flagstad, Kingsbridge Co-founder and Co-CEO.