News + Press

On October 5, 2020, Solution Financial announced the appointment of Randy Smyth as Director and Chairman of the Board, bringing deep industry expertise to support the company’s strategic direction.

On March 12, 2024, Sonoma Capital Corp. named Michael Dubowec as President, bringing seasoned leadership to support the company's national expansion and strategic growth in equipment finance.

In Q4 2023, Megill-Stephenson Company made a strategic equity investment in Sonoma Capital to support its growth and expand its presence in the Canadian equipment leasing sector. The partnership brings together two operationally focused investment groups with experience in long-term value creation. As part of the Geminus platform, Sonoma continues to provide tailored leasing solutions, now with added strategic backing.

On July 19, 2024, Geminus Acquisition & Management announced the launch of Geminus Servicing Inc., a dedicated platform providing third-party servicing solutions to private lenders and institutional partners across Canada.

Arundel Capital is pleased to announce the successful completion of a shareholder buyout agreement with Mr. Jean Perreault, resulting in the acquisition of all remaining minority shares of Arundel Quebec. This strategic transaction allows Arundel Capital to consolidate full ownership of its Quebec operations and further strengthen its position as a national leader in the Canadian leasing and finance sector. The buyout marks a significant step forward in Arundel’s national growth strategy, enhancing operational alignment and enabling the company to deliver a more unified client experience across all regions.

On June 2, 2023, Geminus Acquisition & Management Inc. completed the sale of Stride Capital Corp., a company it built from the ground up into a respected national lender—marking a successful transition between like-minded partners and reflecting Geminus’ commitment to building great businesses with great people.

On January 23, 2023, Solution Financial announced the establishment of a securitization facility with Sun Life Assurance Company of Canada, enhancing its funding capabilities and supporting continued portfolio growth.

On November 8, 2023, Geminus Acquisition & Management Inc. appointed Terri Wilson as Vice President, Securitization, to lead capital markets strategy and support the company's national growth initiatives.

On February 7, 2024, Geminus Acquisition & Management Inc. announced its entry into the small ticket equipment financing space through a new national platform focused on underserved borrowers and broker partners.