Warburg Pincus acquires ECN Capital

● PLATFORM | FINTECH

JANUARY 20, 2026

Warburg Pincus acquires ECN Capital

TARGET

ECN Capital originates, manages, and advises on manufactured housing, recreational vehicle, and marine consumer credit assets on behalf of North American banks, credit unions, and institutional investors.

Ownership	Publicly traded
Headcount	720 FTEs
Headquarters	Toronto, Canada
Leadership	Steven K. Hudson, Chief Executive Officer Steven Hudson, CEO
Sell-side advisor	—

ACQUIRER

Warburg Pincus

Global private equity firm

Deal value	C$3.10 purchase price
Ownership	—
Buy-side advisor	—

Share deal Copy details View press release ↗

Warburg Pincus -> ECN Capital  (2026-09-11)
buyout | FinTech | C$3.10 per Common Share; C$26.00 per Series C Preferred Share purchase price | announced
Target: ECN Capital originates, manages, and advises on manufactured housing, recreational vehicle, and marine consumer credit assets on behalf of North American banks, credit unions, and institutional investors.
Website: ecncapitalcorp.com | Buyer site: warburgpincus.com
HQ: Toronto, Canada | Ownership: public
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/warburg-pincus-ecn-capital.html

Spotted an error or advised on this transaction? Claim credit or send a correction

MORE IN FINTECH

Eftsure acquires Relish

Supplier data validation and AI invoice-processing software for enterprise finance and procurement teams, validating vendor identity, banking, tax and sanctions data against live government and third-party sources

Aquiline Capital Partners invests in Flourish

Cash management, annuities, and home-lending software platform built exclusively for independent registered investment advisors, enabling them to offer private-bank-like balance-sheet solutions to their clients

Nasdaq acquires Dasseti

Due diligence, DDQ/RFP, and fund monitoring SaaS for institutional investors, investment consultants, and asset managers across public and private markets

Figure Technology Solutions acquires Kiavi

$717M Total Transaction Value — AI- and ML-powered private lending platform providing fix-and-flip bridge loans, DSCR rental loans, and new construction financing to residential real estate investors nationwide

Solifi (TA Associates) acquires Inovatec Systems Corporation

Cloud-based loan origination, loan management, and digital portal software for automotive, powersports, and equipment lenders including banks, credit unions, captive finance firms, and specialty lenders across North America

TransUnion acquires Monevo

$56M Purchase Price — Credit prequalification and distribution platform and API enabling comparison websites and lenders to embed personalised credit offers for consumers in the UK and US markets

Browse the full register →

PAST ISSUES CONTACT

Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.