Leasing News Advisor
Senior Managing Director
The Alta Group
7448 Treeline Drive
Naples, FL 34119
Bruce Kropschot is one of the first asked to join the advisory board and he has been active since September 6, 2000. He was named Leasing Person of the Year for 2015.
Bruce Kropschot has been active in the equipment leasing industry since 1972 and has been a senior executive of three large leasing companies. In 1986, he founded Kropschot Financial Services, a firm he developed into the leading provider of merger and acquisition advisory services for equipment leasing companies. In 2008, Kropschot Financial Services became a part of The Alta Group, the leading worldwide consulting firm for the leasing industry. Until recently, Bruce has headed Alta’s M&A advisory practice, which also arranges debt and equity capital and provides valuation services for leasing companies. He has played a major role representing sellers or buyers in the sale of about 200 equipment leasing and financing companies. Although still active with Alta, Bruce is trying to prepare for eventual retirement by turning over more of his responsibilities to his successor, Jim Jackson.
After 49 years in the equipment leasing industry, Bruce hopes to continue being of service to some of his long-time leasing company relationships. He says that his business is his favorite hobby. When asked what have been the keys to his success, he stated, “Obviously a thorough knowledge of many types of leasing companies is essential in the M&A advisory business. However, of utmost importance is maintaining the highest level of integrity. The Alta Group’s reputation depends upon always treating as confidential any information we receive in confidence from potential buyers and sellers of leasing companies.”
Bruce has served on the Board of Directors of the Equipment Leasing and Finance Association, the Equipment Leasing and Finance Foundation, Eastern Association of Equipment Lessors, United Association of Equipment Leasing and International Network of Merger & Acquisition Partners. He has served on the Leasing News Advisory Board since 2000 and he also served on the alumni advisory board of the Ross School of Business at the University of Michigan. He has BBA and MBA degrees (with honors) in Accounting and Finance from the University of Michigan and is a CPA.
Bruce’s favorite recreational activity has long been skiing. Now that knee problems have curtailed his ski trips, Bruce and his wife Barbara spend their vacations with international travel and have visited all 7 continents.
[Leasing News Advisory Board]