XS Financial (TSE:XSF) has released an update.
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XS Financial Inc. has been acquired and taken private by Mavik Capital Management and Axar Capital Management, positioning the company for significant growth in the equipment financing market. This strategic move allows XS to leverage the expertise and resources of its new partners to meet rising demand for flexible financing solutions among U.S. middle-market businesses. The transition to a private entity is expected to enable XS to scale its operations and diversify its customer base.
For further insights into TSE:XSF stock, check out TipRanks’ Stock Analysis page.
