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Announced

Completed

Servus Credit Union completed the acquisition of Stride Capital.

Synopsis

Servus Credit Union, a financial services provider, completed the acquisition of Stride Capital, an equipment financing and leasing provider. Financial terms were not disclosed. "We are excited that Servus and Stride are coming together to deliver ongoing exceptional leasing services to Stride's existing and new clients, and Servus's membership of over 380k Albertans. Stride's leasing services will be available to Servus's commercial members, giving them greater access to credit and features to help them grow their own enterprises, while Stride's existing clients will benefit from more and larger leasing opportunities owing to Servus's financial strength," Ian Burns, Servus President and CEO.

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