North Star Leasing Announces Chief Commercial Officer Hire
BOSTON, MA; BURLINGTON, VT – North Star Leasing, a provider of equipment financing solutions for businesses in a variety of industries announced the hiring of Michael Coon as its first Chief Commercial Officer.
“We’re thrilled to have Michael join the North Star Leasing team as we execute on our aggressive growth plan by expanding our sales force and our syndication capabilities,” said Dan Feeney, CEO of North Star Leasing. “His significant experience in equipment finance and his involvement in the equipment finance industry, most recently as the President of NEFA, will allow us to take full advantage of his knowledge and bring our business to an exciting new level.”
“I am extremely excited for the opportunity to join North Star Leasing as the future growth potential is remarkable for this 40 year old company. Dan and his team have built a solid platform and I look forward to contributing to its future success and national expansion,” said Michael Coon, North Star Leasing’s new CCO. In this role, Coon’s responsibilities will be to extend the North Star Leasing brand nationally with a broader network of brokers and syndication partners as well as recruiting seasoned leasing professionals to complement the company’s existing business development team.
Founded in 1979 and headquartered in Burlington, VT, North Star Leasing provides specialized lease solutions across numerous industries. North Star Leasing works with thousands of equipment vendors, manufacturers, and resellers to help end customers finance and access mission critical equipment. “North Star Leasing has experienced tremendous growth and the addition of a seasoned executive with Michael’s expertise is an exceptional addition to our team,” said Matt Bryson, Principal of Copley Equity Partners and Board member at North Star Leasing. “We’re proud to be adding Michael to help support the aggressive expansion for years to come.” North Star Leasing was acquired by Copley Equity Partners in January 2018. Copley is represented on North Star Leasing’s Board of Directors by Peter Trovato, Andy Miller and Matt Bryson.
About North Star Leasing Company
Founded in 1979, North Star Leasing is a provider of equipment financing solutions for businesses in a variety of industries. For almost 40 years, North Star Leasing has focused exclusively on helping businesses grow by providing lease financing for mission critical equipment. North Star Leasing is a direct funder and takes a personalized approach to each application www.northstarleasing.com.
About Copley Equity Partners
Copley Equity Partners is a private investment firm that partners with established lower middle-market businesses. Copley invests in companies across a broad range of sectors and is comfortable in both majority or minority ownership positions. Copley invests out of an evergreen, single-family office, capital base making the firm agnostic to the standard private equity fundraising cycle. Copley’s patient and flexible capital base allows the firm to focus on providing each portfolio company significant support post investment. www.copleyequity.com