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In the Marketplace

BY ALM Staff
November 30, 2007

US Express Leasing, Inc. of Parsippany, NJ, has announced the acquisition of MBO Finance, a major provider of vendor financing to manufacturers, distributors, and dealers in the graphic arts and printing industries. MBO Finance will become the core of USXL's new graphic arts origination platform. Teneyke Smith, the former president and founder of MBO Finance, will lead the new platform. He has more than 25 years of experience in providing equipment financing to the graphic arts and printing industries. Kropschot Financial Services initiated the transaction and served as the exclusive financial adviser to USXL.

US Express Leasing, Inc. of Parsippany, NJ, has announced the acquisition of MBO Finance, a major provider of vendor financing to manufacturers, distributors, and dealers in the graphic arts and printing industries. MBO Finance will become the core of USXL's new graphic arts origination platform. Teneyke Smith, the former president and founder of MBO Finance, will lead the new platform. He has more than 25 years of experience in providing equipment financing to the graphic arts and printing industries. Kropschot Financial Services initiated the transaction and served as the exclusive financial adviser to USXL.

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