Stonepeak agrees to buy BMO Transportation Finance, Vendor Finance; BMO keeps 19.9% stake

Bank of Montreal
GE Aerospace

Bank of Montreal

BMO

0.00

GE Aerospace

GE

0.00
  • Stonepeak agreed to acquire BMO Financial Group transportation finance and vendor finance units, with BMO reinvesting a 19.9% minority stake.
  • Business, based in Irving, Texas, provides financing for transportation assets and equipment across US and Canada, employing more than 700 people.
  • Gary Kempinski will continue to lead the platform following closing.
  • Financing package includes asset-based financing from PGIM, with Bank of America acting as lead financing arranger for bank financing.
  • Closing targeted for Q4 2026, subject to customary conditions, including regulatory approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stonepeak Advisors LLC published the original content used to generate this news brief on May 11, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.