Cisco Equipment has been recapitalized by Stellex Capital Management and CIT Northbridge Credit
Stellex Capital Management and CIT Northbridge Credit have recapitalized Cisco Equipment, a Texas-based provider of equipment rentals, new and used equipment sales, parts and service.
Co-headquartered in Odessa and Dallas, Texas, and operating seven strategically positioned branches in the Texas Triangle (Dallas-Fort Worth, Austin and San Antonio) and West Texas/New Mexico, Cisco is a leading one-stop provider of equipment rentals, new and used equipment sales, parts and service, offering a comprehensive portfolio of mid-sized construction and industrial equipment from industry-leading OEMs. The company serves a diverse roster of customers across a range of end markets, including infrastructure and utility, public and private construction and midstream oil and gas, all of which are benefiting from national- and state-level infrastructure initiatives.
Stellex Capital Management is a New York-based private equity firm that invests in middle-market companies in North America and Europe across a variety of sectors, including business and industrial services. Stellex’s partnership with management is predicated on the intent to grow the platform via additional investment in fleet, facilities and personnel.
CIT Northbridge Credit, a joint venture of First Citizens Bank, serves as an alternative lender to traditional banks by providing a broad range of flexible asset-based financing solutions.
Oaklins TM Capital in the USA served as the exclusive financial advisor to Cisco Equipment in its recapitalization by Stellex and CIT Northbridge. Oaklins TM Capital is the market leader in the equipment rental and dealer sectors, having completed 15 transactions since 2021 with an aggregate value of US$2.6 billion while publishing authoritative industry research.



Randy Agee
CEO, Cisco Equipment
Talk to the deal team
David M. Felts
Oaklins TM Capital
Paul R. Smolevitz
Oaklins TM Capital
Michael L. Bauman
Oaklins TM Capital
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