ECN Capital

ECN Capital Corporation is a Canadian financing company with managed and advised assets of approximately US$29 billion.

[3] In February 2017, ECN sold its US commercial and vendor finance business to PNC Capital for $1.25 billion.

[5] As part of this re-deployment, in June 2017, the firm purchased Service Finance, an American home improvement lender, for $410 million.

[5] On the other hand, in August 2017, ECN sold some of its rail car financing business for $1.44 billion.

[5] In December 2021 ECN sold Service Financial for US$2 Billion and used the proceeds to declare a $7.50/share special dividend that was paid out to shareholders on Dec. 22, 2021.