Penske Automotive Group, Inc., one of the world's premier automotive and commercial truck retailers, announced it has agreed to acquire Rybrook Group Limited consisting of 15 premium dealerships in the United Kingdom, including four BMW dealerships...
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December 12, 2023, 07:10 AM
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New York Community Bancorp, Inc. announced its bank subsidiary, Flagstar Bank, N.A. (the "Bank") has acquired certain assets and assumed certain liabilities of Signature Bridge Bank ("Signature") from the Federal Deposit Insurance Corporation (the...
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March 20, 2023, 07:25 AM
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Nexseer Capital announced that the management team of W. Scott McCullum (President), Jonathan Albin (Chief Operating Officer) and Robert Davis (Executive Vice President) have acquired majority ownership of the company. The senior management team...
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June 06, 2022, 07:23 AM
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LeaseQuery, a provider of software built to simplify the complexities of accounting, announced its acquisition of Crowe Lease Accounting Optimizer (CLAO), a provider of lease accounting for NetSuite users. Crowe LLP, a public accounting, consulting...
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May 04, 2022, 07:03 AM
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TIP Trailer Services, a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, and a trailer leasing, rental, maintenance and repair provider across Europe and Canada, has signed an agreement with Ryder to acquire the...
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April 25, 2022, 07:13 AM
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Financeit Inc. announced that Wafra Capital Partners Inc. (WCP), a New York-based specialty finance investment firm, has acquired the company from Goldman Sachs Asset Management.Financeit is Canada's leading point-of-sale financing provider for the...
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February 14, 2022, 07:20 AM
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McGrath RentCorp announced it has acquired Kitchens To Go, a leader in interim and permanent modular solutions for foodservice providers that require flexible facilities to continue or expand operations. The purchase will allow the Mobile Modular...
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April 12, 2021, 07:00 AM
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The Equipment Leasing and Finance Association (ELFA), which represents the nearly $1 trillion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2021. Given U.S. businesses, nonprofits and government agencies are expected...
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January 25, 2021, 07:10 AM
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Equifax Inc., an Atlanta-based global data, analytics and technology company, has acquired PayNet, a company that provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and commercial finance...
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April 29, 2019, 07:30 AM
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Cooper Equipment Rentals Limited, an independent equipment rental company in Canada, announced it has acquired Prime Rentals Ltd. Prime Rentals has two locations in Lethbridge and nearby Taber, Alberta. Prime Rentals was established in 1979, and...
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March 05, 2019, 07:00 AM
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ENGS Commercial Finance Co. announced it has closed on the sale of all shares of ENGS to Mitsubishi UFJ Lease & Finance Company Limited (MUL).MUL is a prominent global leasing company with its headquarters in Tokyo and its principal shareholders...
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December 05, 2018, 07:17 AM
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Equitable Group Inc. announced it has reached an agreement to acquire Bennington Financial Services Corp., a profitable and growing privately owned company serving the brokered equipment leasing market in Canada.Bennington was founded in Oakville...
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December 03, 2018, 07:30 AM
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United Rentals, Inc. announced United Rentals of Canada, Inc., a wholly owned subsidiary of the company, has completed the previously announced acquisition of WesternOne Rentals & Sales LP for a cash purchase price of approximately $90.4 million....
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December 03, 2018, 07:05 AM
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Lending technology firm White Clarke Group announced its acquisition of equipment finance software provider Insyston.Founded in 1998, Insyston is an end-to-end asset finance software provider based in Sydney, Australia. Insyston moved its asset...
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November 02, 2018, 07:15 AM
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United Rentals, Inc. announced it has completed its previously announced acquisition of BlueLine from Platinum Equity for a total purchase price of approximately $2.1 billion in cash. United Rentals used a combination of newly issued debt and bank...
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November 01, 2018, 06:55 AM
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ENGS Commercial Finance Co. announced its shareholders, led by Aquiline Capital Partners, a New York-based private-equity firm investing in financial services, has entered into an agreement to sell all shares of ENGS to Mitsubishi UFJ Lease & Finance...
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October 29, 2018, 07:25 AM
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KYN Capital Group Inc.'s Board of Directors announced the company has signed an agreement to acquire ATAX Cloud, a financial equipment leasing and tax preparation company. This subsidiary is a franchise that provides financial services, leasing, tax...
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October 12, 2018, 06:50 AM
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Element Fleet Management Corp. recently announced a customer-centric plan to meaningfully improve financial performance, strengthen and de-risk the company’s balance sheet, and position the business for growth.“We have embarked on a transformational...
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October 08, 2018, 07:30 AM
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Lisa Rafter and Kate Majewski, owners of LK Consulting Partners LLC, have acquired Monitor, a leading source of news for the equipment finance industry, and Molloy Associates, an executive search firm serving employers in the equipment finance...
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October 03, 2018, 08:10 AM
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National Funding, one of the largest private fintech lenders of small and medium-sized business loans, announced it has purchased QuickBridge, a leading alternative financial services firm offering working capital to small businesses (SMB) nationwide...
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October 03, 2018, 07:31 AM
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Marlin Business Services Corp. announced it has acquired Fleet Financing Resources, LLC (FFR), a provider of equipment finance credit products focused on the commercial vehicle market.Exact terms of the transaction were not disclosed but Marlin...
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September 20, 2018, 07:30 AM
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United Rentals, Inc. and BlueLine Rental announced they have entered into a definitive agreement under which United Rentals will acquire BlueLine from Platinum Equity for approximately $2.1 billion in cash.The board of directors of United Rentals...
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September 11, 2018, 07:12 AM
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Boyne Capital announced it has partnered with management to acquire AC Business Media, Inc., a business-to-business media and business intelligence company with a portfolio of renowned brands in heavy construction, asphalt, concrete, paving...
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September 04, 2018, 07:12 AM
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Q2 Holdings, Inc. has announced an agreement to acquire San Mateo, CA-based Cloud Lending, Inc., a privately held SaaS company that provides an integrated end-to-end lending and leasing platform.“By acquiring Cloud Lending, we will be able to help...
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August 17, 2018, 07:00 AM
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Dominion Leasing Software LLC announced it has acquired the assets of Seritus Solutions LLC, a provider of credit origination software and services.Seritus’ flagship product, Seritus-COS, provides an intelligent workflow process to automate the flow...
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August 14, 2018, 07:10 AM
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North Mill Equipment Finance LLC announced it has been acquired by an affiliate of Wafra Capital Partners Inc. (WCP).North Mill is an independent, small ticket equipment finance firm for essential-use commercial and industrial equipment, principally...
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August 10, 2018, 07:25 AM
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Huntington Bancshares Inc. announced the signing of a definitive agreement to purchase Chicago-based Hutchinson, Shockey, Erley & Co. (HSE). A public finance investment bank and broker-dealer, HSE is one of the nation’s largest securities firms...
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August 10, 2018, 07:15 AM
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WSFS Financial Corporation and Beneficial Bancorp, Inc. jointly announced the signing of a definitive agreement whereby WSFS will combine with Beneficial, in a transaction valued at approximately $1.5 billion.Concurrently with the acquisition...
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August 09, 2018, 07:25 AM
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Starwood Property Trust, Inc. announced it has entered into a definitive agreement to acquire GE Capital's Energy Financial Services' Project Finance Debt Business and loan portfolio for $2.56 billion, including $400 million of unfunded loan...
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August 08, 2018, 07:20 AM
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I Squared Capital (ISQ), an independent global infrastructure investment manager, has finalized the acquisition, through its ISQ Global Infrastructure Fund II, and acquired 100 percent interest in TIP Trailer Services, one of the leading pan-European...
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August 08, 2018, 07:12 AM
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Electro Rent Corporation announced it has acquired Intellirent. Financial terms were not disclosed.Electro Rent Global CEO Nigel Brown said the combination will create a premier platform with a broad inventory, coverage throughout the United States...
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August 03, 2018, 07:00 AM
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Meta Financial Group Inc., the holding company for MetaBank, announced it completed the previously announced acquisition of Crestmark Bancorp Inc. and its Michigan state-chartered bank subsidiary, Crestmark Bank. Crestmark has provided...
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August 02, 2018, 07:28 AM
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People's United Bank, N.A., a subsidiary of People's United Financial, Inc., has acquired Vend Lease Company, a nationwide provider of equipment financing to suppliers and vendors primarily in the hospitality industry. Vend Lease, with headquarters...
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July 20, 2018, 07:25 AM
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Sandhills Publishing announced it has acquired Equipmentfacts, a New Jersey-based online bidding platform specializing in global solutions for equipment and truck auctions. The acquisition expands the portfolio of the Nebraska-based tech company...
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July 17, 2018, 07:10 AM
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Verdant Commercial Capital, LLC of Cincinnati announced it has acquired Intech Funding Corp. of Monrovia, Calif. Intech is focused on financing and leasing for manufacturing companies nationwide.Intech will operate as a wholly owned subsidiary of...
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July 16, 2018, 07:25 AM
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ABLE Equipment Rental, Inc. of NY announced it has purchased the aerial equipment assets and service operations of Mobile Lifts, Inc. of Norristown, Pa. The transaction will allow the facility to operate as the newest branch of ABLE Equipment Rental....
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July 13, 2018, 06:55 AM
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White Oak Healthcare Finance, LLC, as sole lender and administrative agent, announced it closed the financing for LifeCare Health Partners’ acquisitions of EverCare Health Services, a provider of personal care and transitional support, as well as...
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July 11, 2018, 07:15 AM
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Covenant Transportation Group, Inc. announced it has completed the acquisition of Landair Holdings, Inc. of Greeneville, Tenn., the holding company for Landair Transport, Inc. and Landair Logistics, Inc. in a $83 million deal.Landair is a dedicated...
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July 06, 2018, 07:10 AM
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United Rentals, Inc. and BakerCorp International Holdings, Inc. announced they have entered into a definitive agreement under which United Rentals will acquire BakerCorp for approximately $715 million in cash.The boards of directors of United Rentals...
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July 03, 2018, 07:19 AM
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Hilco Receivables and Hilco Industrial, both units of Hilco Global, announced they have acquired the extensive assets of the Edwards Brothers Malloy Printing Company. The multi-million-dollar acquisition deal is a joint venture between the Hilco...
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July 02, 2018, 07:05 AM
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Meta Financial Group, Inc., the holding company for its federally chartered savings bank subsidiary, MetaBank, announced all necessary bank regulatory approvals relating to the acquisition of Crestmark Bancorp, Inc., the holding company for its...
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June 29, 2018, 07:25 AM
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WillScot Corporation (Williams Scotsman), a provider of modular space and portable storage solutions across North America, announced it has entered into a definitive agreement to acquire Modular Space Holdings, Inc. (ModSpace) for an enterprise value...
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June 25, 2018, 07:10 AM
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Rent-A-Center, Inc., a leader in the rent-to-own industry, announced that it has entered into a definitive agreement with Vintage Rodeo Parent, LLC, an affiliate of Vintage Capital Management, LLC, pursuant to which Vintage will acquire all of the...
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June 25, 2018, 06:55 AM
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RGCX, LLC announced it has been acquired by Corrum Capital. The acquisition provides RGCX with greater resources and flexibility in the railcar market and enables the company to pursue a long-term growth strategy. The new owner plans to fuel growth...
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June 22, 2018, 07:20 AM
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Wells Fargo & Company announced its Middle Market Banking division led a syndicated credit facility to support Foley Inc.’s acquisition of Giles & Ransome Inc. Specific terms were not disclosed.
Foley, a regional Caterpillar dealer, acquired...
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April 20, 2018, 07:25 AM
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Alliance Capital Corporation (ACC) announce it has acquired Cardinal Business Financing Inc., a health care, hospitality and golf industry-focused vendor finance company based in Southbury, Conn. The transaction will add assets and expand Alliance...
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April 11, 2018, 07:23 AM
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Private equity investment firm Veritas Capital and General Electric Co. announced an affiliate of Veritas has entered into a definitive agreement with GE to acquire the Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory...
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April 03, 2018, 07:30 AM
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Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced it has entered into a definitive agreement to acquire Advantage Funding Management, a provider of commercial vehicle and transportation financing services....
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March 07, 2018, 07:30 AM
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BancVue, a provider of innovative products, dynamic marketing, and data-driven consulting services to community financial institutions, announced the strategic acquisition of BancLeasing, a pioneer in providing financial institutions with highly...
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April 03, 2013, 06:32 AM
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The Alta Group, a global consultancy, provided market research and equipment finance industry insight to CI Capital Partners, a New York-based private equity firm to support CI Capital’s acquisition of Total Fleet Solutions (TFS) of Holland, Ohio....
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July 17, 2012, 06:45 AM
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