Revolution Capital, a provider of factoring financing, acquired Grand Financial Management Inc., a provider of factoring facilities for the Canadian transportation and staffing industries. The deal was announced today.
“We couldn’t be happier about the benefits this will extend to our current clients, and of course, our new ones,” said Michael Rakhnayev, CFO of Grand Financial Management.
Rakhnayev will serve as Revolution Capital’s director of sales and marketing.
Revolution Capital is based in Woodbridge, Ontario, and operates in both the US and Canada.