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Equipment Finance Advisor Search Results
News Stories (333 Results) -
Mergers & Acquisitions
Twenty years of historical survey data reveal a clear trend: the U.S. M&A market is only as strong as the underlying economic conditions. This axiom is once again evident in Dykema's 20th Annual M&A Outlook Survey, where more than 200 senior...
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October 23, 2024, 07:06 AM
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A new survey from Grant Thornton shows that professionals in the mergers and acquisitions (M&A) space are predicting an increase in deal volume, even with the uncertainty of the looming U.S. presidential election.The survey, which polled 255 M&A...
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September 13, 2024, 07:12 AM
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Armada Credit Group Inc. announced it has acquired certain assets from Axis Equipment Finance Inc. (Axis), including but not limited to key personnel, customer relationships and the assumptions of Axis’s position with strategic business partners (the...
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August 21, 2024, 07:00 AM
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Equity Bancshares, Inc., the Wichita-based holding company of Equity Bank, announced the completed acquisition of KansasLand Bancshares, Inc. (KansasLand), the parent company of KansasLand Bank. With this acquisition, Equity has added to its existing...
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July 08, 2024, 07:15 AM
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DLL (De Lage Landen International B.V.) has signed a Share Purchase Agreement with Bankhaus Bauer AG to acquire elf Leasing GmbH, a German provider of leasing services based in Essen and Hannover. The transaction is expected to close end of 2024...
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May 23, 2024, 07:18 AM
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CBC Bancorp, the holding company for Commercial Bank of California (CBC), announced it has entered into a definitive acquisition agreement with Bay Community Bancorp, the holding company for Community Bank of the Bay (CBB). Under the terms of the...
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May 21, 2024, 07:00 AM
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Centra Funding, LLC, a nationwide independent equipment finance company that is a subsidiary of CV Holdings, Inc., announced it has acquired the LeaseQ Restaurant and Franchise Team, together with its associated LeaseQ equipment finance platform...
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May 08, 2024, 07:20 AM
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UMB Financial and Heartland Financial, USA Inc. entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion...
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May 03, 2024, 07:05 AM
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MidFirst Bank, the largest privately owned bank in the nation, has entered into a definitive agreement to acquire the Houston, TX banking locations of Amerant Bank, the main subsidiary of Amerant Bancorp Inc. Upon closing expected later this year...
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April 18, 2024, 07:20 AM
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I Squared Capital announced a transaction to combine the North American operations of two of its portfolio companies.The recently rebranded Transportation Equipment Network, "TEN" (f.k.a. Star Leasing), will acquire TIP Canada, the Canadian...
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April 17, 2024, 07:10 AM
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Wintrust Financial Corporation and Macatawa Bank Corporation (Macatawa) jointly announced they have entered into a definitive merger agreement for Wintrust to acquire Macatawa in an all-stock transaction. Macatawa is the parent company of Macatawa...
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April 16, 2024, 07:18 AM
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H&E Equipment Services, Inc. (H&E) announced the signing of a definitive agreement to acquire Lewistown Rental, a Lewistown, MT-based equipment rental business and three of its affiliated rental operations in Havre, Glasgow and Great Falls, MT. Each...
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April 15, 2024, 07:12 AM
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Preparing its new strategic plan, which will be announced in June, Groupe BPCE has the objective to expand its footprint in Europe in specialized financing, particularly in the leasing business. In line with this target, Groupe BPCE announced the...
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April 11, 2024, 07:23 AM
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JA Mitsui Leasing, Ltd. (JAML) through its subsidiary, JA Mitsui Leasing USA Holdings, Inc., announced it has acquired a 100 percent interest in Oakmont Capital Holdings, LLC (DBA Oakmont Capital Services) (OCS), a specialty finance company that...
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April 04, 2024, 07:24 AM
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Miller Truck Leasing has acquired the assets and facility of fellow NationaLease member Advantage Truck Leasing, headquartered in Shrewsbury, MA. The acquisition is an excellent fit with Miller’s strategy to expand its services into selected markets...
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April 02, 2024, 07:15 AM
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A new survey from Grant Thornton shows that mergers and acquisitions (M&A) professionals are highly optimistic about the state of dealmaking. The survey, which polled 238 M&A professionals, found that 81% of respondents expect deal volume to increase...
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March 27, 2024, 07:05 AM
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Gordon Brothers completed the acquisition of substantially all the assets of Catch Co., a portfolio of fishing brands that has generated nearly $300 million in revenue since its inception in 2012 with the launch of Mystery Tackle Box. The acquisition...
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March 25, 2024, 07:17 AM
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Citizens’ 2024 M&A Outlook revealed optimism around the environment for dealmaking activity this year, underpinned by solid expectations for the U.S. economy and a pop in enthusiasm, especially among buyers. The annual survey of 400 leaders at U.S....
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January 11, 2024, 07:20 AM
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H&E Equipment Services, Inc. announced the completion of its acquisition of the business of Precision Rentals. The acquisition improves H&E’s branch density in the Phoenix and Denver metropolitan areas and adds a young and attractive mix of equipment...
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January 03, 2024, 07:15 AM
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Fourshore Partners (Fourshore) announced its acquisition of Power Funding, a factoring company focused on the oil & gas and transportation industries. Power Funding provides working capital to the oil & gas and trucking industries through the...
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January 02, 2024, 07:12 AM
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TFI International Inc., a North American leader in the transportation and logistics industry, announced it has agreed to acquire Daseke, Inc., one of the leading flatbed and specialized transportation and logistics companies in North America, for...
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December 27, 2023, 07:23 AM
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Baltimore Potomac Truck Centers announced the acquisition of TMI Truck & Equipment, which consists of two dealerships in Chesapeake and Norfolk, VA.Baltimore Potomac Truck Centers now operates seven full-service commercial truck dealership locations...
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December 27, 2023, 07:05 AM
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Royal Bank of Canada welcomed the federal Minister of Finance's approval to proceed with the acquisition of HSBC Bank Canada."I want to thank the Department of Finance, OSFI and the Competition Bureau for their diligent work in reviewing this...
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December 22, 2023, 07:20 AM
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Velocity Truck Centers (VTC) announced the company has acquired P & R Truck Centre (P & R), with six locations on Vancouver Island in British Columbia, Canada.The addition of P & R with its current locations will give VTC 18 locations across Western...
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December 19, 2023, 07:00 AM
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H&E Equipment Services, Inc. announced the signing of a definitive agreement to acquire the business of Precision Rentals. Based in Phoenix, AZ, the company operates a branch in Phoenix and a second location in Aurora, CO. Precision offers a mix of...
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December 12, 2023, 07:07 AM
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Banc of California, Inc. announced the completion of its transformational merger with PacWest Bancorp, pursuant to which PacWest has merged into Banc of California, and Banc of California, N.A. will have merged into Pacific Western Bank (the...
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December 01, 2023, 07:18 AM
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First Busey Corporation, the holding company for Busey Bank, and Merchants and Manufacturers Bank Corporation (M&M), the holding company for Merchants & Manufacturers Bank (M&M Bank), jointly announced the signing of a definitive agreement pursuant...
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November 28, 2023, 07:21 AM
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Banc of California, Inc. and PacWest Bancorp jointly announced that, at their respective special meetings of stockholders, they each received the necessary stockholder approval for the proposed combination of Banc of California and PacWest. The final...
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November 27, 2023, 07:22 AM
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CSI Leasing Malaysia, Sdn. Bhd. (CSI Malaysia), a wholly owned subsidiary of CSI Leasing, Inc. (CSI), announced the acquisition of ExportXcel, Sdn. Bhd., an established company in Malaysia dealing in used and refurbished IT equipment, and providing...
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October 26, 2023, 07:20 AM
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Ryder System, Inc., a provider of supply chain, dedicated transportation and fleet management solutions, announced it entered into a definitive agreement in the third quarter to acquire all of the outstanding equity of IFS Holdings, LLC, also known...
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October 26, 2023, 07:10 AM
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Stearns Bank N.A., a financial institution in Minnesota, has acquired a majority stake in Contract Capital Corporation (CCC). CCC provides specialized financing services to Managed Service Providers (MSPs). In addition to Stearns Bank acquiring a...
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September 15, 2023, 07:20 AM
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PB Financial Corporation, the holding company for Providence Bank, and Coastal Bank & Trust jointly announce the signing of a definitive strategic merger agreement. In the 75 percent stock and 25 percent cash transaction, Coastal will merge into...
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September 05, 2023, 07:11 AM
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A new Grant Thornton survey of merger and acquisition (M&A) professionals found that after a lengthy period of respite, M&A activity is expected to rebound in the second half of this year. The survey, which polled 150 U.S.-based M&A professionals...
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September 05, 2023, 07:10 AM
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Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc. announced they have entered into a definitive agreement under which Summit will merge with and into Burke & Herbert in an all-stock merger of equals valued at approximately...
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August 25, 2023, 07:18 AM
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Glacier Bancorp, Inc. announced the signing of a definitive agreement to acquire Community Financial Group, Inc. (CFGW), the bank holding company for Wheatland Bank, an Eastern Washington community bank headquartered in Spokane. The acquisition marks...
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August 11, 2023, 07:11 AM
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Atlantic & Southern Equipment LLC (ASE) has finalized the acquisition of Pinnacle Cranes in Midland, NC. Pinnacle Cranes has been a consistent Top 5 Link-Belt Dealer, providing excellent customer service since their founding in 2001. Both the Sales...
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August 07, 2023, 07:00 AM
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Banc of California and PacWest Bancorp announced the signing of a definitive agreement pursuant to which the companies will combine in an all-stock merger transaction. Under the terms of the agreement, which was unanimously approved by the boards of...
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July 26, 2023, 07:25 AM
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Atlantic Union Bankshares Corporation (Atlantic Union) and American National Bankshares Inc. (American National) jointly announced they have entered into a definitive merger agreement for Atlantic Union to acquire American National in an all-stock...
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July 26, 2023, 07:00 AM
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Penske Truck Leasing announced it completed the acquisitions of Star Truck Rentals, Inc., a transportation services company offering full-service leasing, commercial truck rental, contract maintenance, used truck sales and additional services; and...
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July 17, 2023, 07:10 AM
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Shore Bancshares, Inc., the financial holding company of Shore United Bank, N.A. (Shore United), and The Community Financial Corporation (TCFC), the bank holding company of Community Bank of the Chesapeake (CBC), announced the closing of their...
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July 07, 2023, 07:15 AM
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McGrath RentCorp, a business-to-business rental company in North America, announced it has acquired the assets of Inland Leasing and Storage, a regional provider of portable storage solutions in the Colorado market. The transaction was funded with...
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July 07, 2023, 07:10 AM
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United Community Banks, Inc. completed its merger with First Miami Bancorp, Inc. effective July 1. In this transaction, First Miami’s bank subsidiary, the First National Bank of South Miami (FNBSM), was also merged into United’s bank subsidiary...
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July 05, 2023, 07:18 AM
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Byline Bancorp, Inc., the parent company of Byline Bank, announced it has completed its merger with Inland Bancorp, Inc.and its wholly owned bank subsidiary, Inland Bank and Trust. As a result of the transaction, effective July 1, Inland Bank and...
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July 05, 2023, 07:12 AM
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Chadwick BaRoss Ontario Ltd. (CBRO) announced it has acquired Toronto-area based Amaco Construction Equipment.The deal will see Amaco continuing at its operational site, and will see Amaco General Manager Jeff MacDonald and his experienced staff of...
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July 03, 2023, 07:15 AM
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Ares Management Corporation, a global alternative investment manager, announced certain funds managed by its Alternative Credit strategy have completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp.The...
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June 26, 2023, 07:18 AM
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LINKBANCORP, Inc., parent company of LINKBANK, and Partners Bancorp, a financial services company with two wholly owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced that at special meetings of their respective...
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June 23, 2023, 07:20 AM
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Simplex Equipment Rental Inc., a family-owned Quebec company specializing in tool and equipment rentals for all types of construction projects, as well as for the industrial, manufacturing, government, events, and film sectors, announced the...
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June 13, 2023, 07:18 AM
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UBS has completed the acquisition of Credit Suisse, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group.It marks the last trading day of Credit...
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June 12, 2023, 07:16 AM
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Rental Equipment Investment Corp. (REIC), a portfolio company of Kinderhook Industries, LLC (Kinderhook), announced the acquisition of Aim High Equipment Rental, Inc. (Aim High or the Company).
Headquartered in Brighton, CO, Aim High is a general...
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June 12, 2023, 07:00 AM
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Utility Sales & Service, Inc. (USSI) announced the acquisition of aerial equipment rental specialist Power Equipment Leasing Company of Romeoville, IL. This gives Appleton, WI-based USSI a provider of aerial vehicles and specialty trucks, a...
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June 08, 2023, 07:20 AM
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Servus Credit Union Ltd. announced the successful acquisition of Stride Capital Corp., a Calgary-based equipment financing and leasing provider. This move represents Servus's next step in reimagining its credit union business in response to the...
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June 05, 2023, 07:02 AM
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United Community Banks, Inc. (UCBI) announced receipt of regulatory approval from the Federal Deposit Insurance Corporation to complete the previously announced acquisition of First Miami Bancorp, Inc. (FMIA) and its wholly owned subsidiary, First...
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May 31, 2023, 07:10 AM
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LeaseAccelerator announced it has completed the acquisition of the LeaseController software-as-a-service (SaaS) product and related business operations from Deloitte."LeaseController is an excellent fit with LeaseAccelerator's existing solution...
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May 24, 2023, 07:15 AM
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Princeton Bancorp, Inc., the holding company for The Bank of Princeton (TBOP), and Noah Bank (Noah) jointly announced the completion of the merger of TBOP and Noah. The parties previously announced the execution of an agreement and plan of merger on...
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May 23, 2023, 07:05 AM
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Mid Penn Bancorp, Inc. announced its acquisition of Brunswick Bancorp was completed. In connection with the holding company merger, Brunswick’s banking subsidiary, Brunswick Bank &Trust Company, has been merged with and into Mid Penn’s subsidiary...
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May 23, 2023, 07:00 AM
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LCNB Corp., the holding company for LCNB National Bank, and Cincinnati Bancorp, Inc. (CNNB) the holding company for Cincinnati Federal, announced they have signed a definitive merger agreement whereby LCNB will acquire CNNB in a stock-and-cash...
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May 19, 2023, 07:05 AM
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Washington Federal, Inc., the parent company of Washington Federal Bank (WaFd Bank), and Luther Burbank Corporation (Luther Burbank), the parent company of Luther Burbank Savings, jointly announced that, at special meetings of their respective...
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May 08, 2023, 07:07 AM
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TD Bank Group and First Horizon Corporation announced they have entered into a mutual agreement to terminate their previously announced merger agreement, originally announced on Feb. 28, 2022. TD informed First Horizon that TD does not have a...
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May 04, 2023, 07:22 AM
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Durante Rentals, LLC, a provider in the construction equipment rental industry, announced it has acquired the assets of Delaware-based Iron Source, LLC, an independent equipment rental provider and dealer. The acquisition will expand Durante Rentals’...
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May 04, 2023, 07:00 AM
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Bancorp 34, Inc. (BCTF), the holding company of Bank 34, and CBOA Financial, Inc., the holding company of Commerce Bank of Arizona (Commerce), jointly announced the signing of a definitive merger agreement to combine and form the second largest bank...
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May 01, 2023, 07:12 AM
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Penske Truck Leasing announced it has reached an agreement to acquire Star Truck Rentals, Inc., a transportation services company offering full-service leasing, commercial truck rental, contract maintenance, used truck sales and additional services....
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April 27, 2023, 07:15 AM
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Prosperity Bancshares, Inc., the parent company of Prosperity Bank, announced it has received all regulatory approvals necessary to complete its previously announced acquisition of First Bancshares of Texas, Inc., the parent company of FirstCapital...
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April 19, 2023, 07:03 AM
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The Federal Reserve Board announced its approval for UBS Group AG, of Zürich, Switzerland, to acquire the U.S. subsidiaries of Credit Suisse Group AG, of Zürich, Switzerland.The application was submitted in connection with UBS Group AG's acquisition...
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April 17, 2023, 07:23 AM
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Triton International Limited and Brookfield Infrastructure Partners L.P., through its subsidiary Brookfield Infrastructure Corporation (BIPC) and its institutional partners, jointly announce a definitive agreement for Triton to be acquired in a cash...
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April 13, 2023, 07:23 AM
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McGrath RentCorp, a business-to-business rental company in North America, announced it has acquired the assets of Dixie Temporary Storage, a regional provider of portable storage solutions in the South Carolina market. The transaction was funded with...
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April 06, 2023, 07:07 AM
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Associated and Stoffel Equipment Company have merged. The combined company will operate under the Associated name. With this merger, Associated expands its presence in the Midwest to include Wisconsin and the Upper Peninsula of Michigan.Tim Combs...
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April 05, 2023, 07:05 AM
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Chadwick BaRoss (CBR), one of New England's oldest and largest suppliers of heavy construction equipment, announced it has concluded an asset acquisition from Woodco Machinery. This will allow CBR to expand its existing partnership with Volvo...
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April 03, 2023, 07:20 AM
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Penske Truck Leasing announced it has reached an agreement to acquire Kris-Way Truck Leasing, Inc. Financial terms were not disclosed.Founded in 1978, Kris-Way is a transportation services company offering full-service leasing, commercial truck...
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March 31, 2023, 07:23 AM
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Linedata, a global provider of credit and asset management technology, data and services, announced the expansion of its lending and leasing activities in Southern Europe with the acquisition of Audaxys in Portugal. Through this project, Linedata...
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March 31, 2023, 07:12 AM
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Libra Group, a privately owned international business group whose subsidiaries own and operate assets in nearly 60 countries, announced Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) has agreed to acquire a 35 percent stake in its aviation...
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March 30, 2023, 07:10 AM
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First-Citizens Bank & Trust Company (First Citizens Bank), a subsidiary of Raleigh, NC-headquartered First Citizens BancShares, Inc. (First Citizens) announced it has entered into an agreement with the Federal Deposit Insurance Corporation (FDIC) to...
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March 27, 2023, 07:23 AM
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Ritchie Bros. Auctioneers Incorporated announced it has completed its acquisition of IAA, Inc. As previously announced on Jan. 23, under the terms of the amended merger agreement, IAA shareholders will receive $12.80 per share in cash and 0.5252...
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March 21, 2023, 07:10 AM
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UBS announced it plans to acquire Credit Suisse. The combination is expected to create a business with more than $5 trillion in total invested assets and sustainable value opportunities. It will further strengthen UBS’s position as the leading...
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March 20, 2023, 07:18 AM
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Republic Bancorp, Inc., the parent company of Republic Bank & Trust Company, announced the Bank has completed its previously announced merger with CBank and CBank’s wholly owned subsidiary, Commercial Industrial Finance, Inc. (CIF), for approximately...
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March 16, 2023, 07:21 AM
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Bigge Crane and Rigging Co., one of the nation's largest crane sales and rental companies, announced the acquisition of the majority stake in Empire Crane Company. The alliance between Empire and Bigge's Perfect Fleet of over 1,800 cranes and 21...
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March 16, 2023, 07:15 AM
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Ritchie Bros. Auctioneers Incorporated announced that, based on the preliminary vote count provided by its proxy solicitors following the company's Special Meeting of Shareholders (the Special Meeting), Ritchie Bros. shareholders voted to approve the...
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March 15, 2023, 07:17 AM
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Trinity Industries, Inc. announced the acquisition of RSI Logistics (RSI) for a purchase price of $70 million. RSI Logistics is a data-centric provider of proprietary software, logistics services and terminal management solutions to the North...
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March 10, 2023, 07:10 AM
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The Bay Crane Companies, Inc. (Bay Crane) announced that Cranes, Inc. (Cranes) has joined the Bay Crane family of companies, which include Bay Crane, Capital City Group and Gatwood Crane. With this acquisition, Bay Crane has solidified its position...
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March 10, 2023, 07:00 AM
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Columbia Banking System, Inc., the parent company of Columbia Bank, and Umpqua Holdings Corporation, the parent company of Umpqua Bank, announced the closing of their previously announced merger, combining two premier banks in the Northwest to create...
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March 02, 2023, 07:22 AM
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Flexjet, a provider in subscription-based private aviation, announced it has acquired Constant Aviation, a provider of aviation maintenance, repair and overhaul (MRO) services.Flexjet offers fractional jet ownership and leasing. Flexjet’s helicopter...
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February 23, 2023, 07:10 AM
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United Community Banks, Inc. and First Miami Bancorp, Inc. (First Miami) announced the execution of a definitive merger agreement pursuant to which United will acquire First Miami, and its wholly owned subsidiary, First National Bank of South Miami...
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February 14, 2023, 07:05 AM
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Texada Software, creators of leading SaaS rental and mobile applications for the equipment industry, announced a merger with Uptake Canada, Inc., the equipment dealer software subsidiary of Uptake Technologies, which acquired what was formerly Canam...
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February 13, 2023, 07:15 AM
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TD Bank Group and First Horizon Corporation have mutually agreed to extend the outside date of their proposed transaction from Feb. 27 to May 27, 2023, in accordance with the terms of the merger agreement.TD and First Horizon are fully committed to...
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February 13, 2023, 07:05 AM
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Wingspire Capital provided moe than $700 million in senior secured financing commitments in 2022, bringing its total to $3 billion in its third year of operations.
“We are pleased to reach this commitment milestone in our third year of operations as...
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February 09, 2023, 07:23 AM
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Gatwood Crane Service, Inc., a wholly owned subsidiary of The Bay Crane Companies, Inc., announced it has made a major investment in the expansion of its fleet and services in the Chicago-land area with the purchase of 43 cranes and other related...
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February 09, 2023, 07:16 AM
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Cooper Equipment Rentals Limited, a Canadian-owned and operated construction equipment rental company, announced the completed transaction to purchase 100 percent of the shares of Toronto-based Hub Equipment.Established in 1946 in Moncton, New...
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February 09, 2023, 07:05 AM
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Southern Missouri Bancorp, Inc., parent company of Southern Bank, in Poplar Bluff, MO, announced its merger with Citizens Bancshares Co., Kansas City, MO, was completed. Citizens was the parent company of Citizens Bank & Trust Company, which has...
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January 26, 2023, 07:10 AM
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BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank (together, "BMO"), received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas. BMO anticipates the acquisition will...
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January 19, 2023, 07:15 AM
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RELAM, a lessor of railroad maintenance-of-way (MOW) equipment, announced the acquisition of Wiskerchen Truck & Equipment, LLC and Wiskerchen Rental & Leasing, LLC, (Wiskerchen), a privately owned company based out of Spencer, WI that specializes in...
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January 12, 2023, 07:15 AM
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Citizens’ 2023 M&A Outlook revealed both upbeat expectations for company performance and high desire for growth in a low-growth world in the coming year. The annual survey of 400 leaders at U.S. middle-market companies and private equity firms also...
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January 11, 2023, 07:23 AM
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Columbia Banking System, the parent company of Columbia Bank, and Umpqua Holdings Corporation, the parent company of Umpqua Bank, jointly announced the Federal Deposit Insurance Corporation (FDIC) has approved the previously announced combination of...
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January 10, 2023, 07:15 AM
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Renasant Corporation announced that effective Dec. 30, 2022, its wholly owned subsidiary, Renasant Bank, has acquired Republic Business Credit (formally known as Continental Republic Capital, LLC) (RBC) in an all cash transaction. RBC is a...
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January 05, 2023, 07:00 AM
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The Greenbrier Companies, Inc. announced it acquired a 100 percent interest in GBX Leasing (GBXL), its railcar leasing joint venture with The Longwood Group. This furthers Greenbrier’s strategy to grow its lease fleet and expand its services offering...
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January 04, 2023, 07:15 AM
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Brookline Bancorp, Inc. announced it has received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, New York State Department of Financial Services and Massachusetts Board of Bank Incorporation necessary to...
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January 03, 2023, 07:20 AM
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The First Bancshares, Inc., the holding company for The First Bank, and Heritage Southeast Bancorporation, Inc. (HSBI), the holding company for Heritage Southeast Bank, announced the previously announced merger between First Bancshares and HSBI...
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January 03, 2023, 07:05 AM
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Seattle-based First Sound Bank announced it has reached a mutual agreement with BM Technologies, Inc. (BMTX) to terminate its previously announced merger agreement. The Bank will continue to do business as a locally owned, independent community bank...
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December 29, 2022, 07:04 AM
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SMBC Aviation Capital, an aircraft leasing company, announced the completion of the acquisition of Goshawk Management Ltd and associated corporate assets, the Dublin-based global aircraft lessor.The acquisition creates the second-largest global...
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December 22, 2022, 07:18 AM
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Shore Bancshares, Inc. (Shore), the holding company of Shore United Bank, N.A. and The Community Financial Corporation (TCFC), the holding company of Community Bank of the Chesapeake, announced they have entered into a definitive agreement under...
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December 15, 2022, 07:15 AM
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First Bank and Malvern Bancorp, Inc., the parent company of Malvern Bank, National Association, announced they have entered into a definitive merger agreement pursuant to which First Bank will acquire Malvern Bancorp, Inc. and Malvern Bank in a...
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December 15, 2022, 07:04 AM
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Texas First Rentals, a division of HOLT, announced it has acquired Rental One, a full-service equipment and storage container rental company offering a complete line of construction equipment and supplies in 15 locations throughout the Dallas-Fort...
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December 13, 2022, 07:10 AM
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H&E Equipment Services Inc. announced the signing of a definitive agreement to sell its Komatsu earthmoving distribution business to Houston, TX-based Waukesha-Pearce Industries, LLC (WPI). The transaction includes rights to the distribution of...
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December 13, 2022, 07:08 AM
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United Rentals, Inc. announced it has completed its previously announced acquisition of the assets of Ahern Rentals, Inc. for approximately $2.0 billion in cash. The transaction and related expenses were funded through a combination of newly issued...
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December 08, 2022, 07:15 AM
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Newtek Business Services Corp. received conditional approval from Office of the Comptroller of the Currency (OCC) to complete its acquisition of the National Bank of New York City. Newtek announced last week that it received approval from the Federal...
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December 05, 2022, 07:16 AM
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U.S. Bancorp announced it has completed the acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group, Inc. The transaction combines two premier organizations to serve customers and communities across...
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December 02, 2022, 07:23 AM
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BMO announced a Community Benefits Plan (CBP) that outlines a more than $40 billion commitment to local communities in the United States, with over $16 billion of the plan commitment targeted for the State of California. This plan outlines...
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November 30, 2022, 07:18 AM
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HSBC Holdings plc announced its wholly owned subsidiary, HSBC Overseas Holdings (UK) Limited, has entered into an agreement to sell its banking business in Canada (HSBC Canada) to Royal Bank of Canada (RBC), subject to regulatory and governmental...
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November 29, 2022, 07:25 AM
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First Commonwealth Financial Corporation announced it has received all regulatory approvals required to complete the previously announced merger of Centric Financial Corporation with and into First Commonwealth and the merger of Centric Bank with and...
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November 21, 2022, 07:20 AM
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CWB Franchise Finance supported Aegis Brands Inc. with $30MM in financing to acquire St. Louis Bar & Grill. The commitment supports Aegis' goal to become a consolidator of Canadian food and beverage brands. CWB's has nurtured a longstanding...
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November 21, 2022, 07:15 AM
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Arizona-based Empire Southwest, the Cat dealer serving the service territory of Arizona and Southeastern California, has agreed to acquire Nevada-based Cashman Equipment, the Cat dealer serving the service territory of Nevada and parts of Eastern...
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November 15, 2022, 07:15 AM
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Washington Federal, Inc. and Luther Burbank Corporation jointly announced the signing of a definitive merger agreement pursuant to which Washington Federal will acquire Luther Burbank and its wholly owned subsidiary, Luther Burbank Savings, in an all...
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November 14, 2022, 07:25 AM
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United Rentals, Inc. announced the company has entered into a definitive agreement to acquire the assets of family-owned Ahern Rentals, Inc. for approximately $2.0 billion in cash. The board of directors of United Rentals unanimously approved the...
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November 14, 2022, 07:20 AM
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OceanFirst Financial Corp., the holding company for OceanFirst Bank N.A., and Partners Bancorp, the parent company of The Bank of Delmarva (and its division, Liberty Bell Bank) headquartered in Seaford, DE, and Virginia Partners Bank (and its...
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November 10, 2022, 07:05 AM
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New York Community Bancorp, Inc. and Flagstar Bancorp, Inc. announced that NYCB has received regulatory approval from the Federal Reserve Board (the FRB) to complete its previously announced acquisition of Flagstar Bancorp, Inc. On Oct. 28, NYCB and...
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November 08, 2022, 07:05 AM
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Ritchie Bros. Auctioneers Incorporated and IAA, Inc. announced they have entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion including the assumption of...
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November 07, 2022, 07:26 AM
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Aligning with a long-term strategic plan to refocus on the company’s retirement business and Nuveen, its asset manager, TIAA has entered into a definitive agreement to sell TIAA Bank to new investors with extensive experience in financial services....
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November 07, 2022, 07:25 AM
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Ryder System, Inc. announced it has acquired Dotcom Distribution, a provider of omnichannel fulfillment and distribution services for high-growth retail and e-commerce brands specializing in health, beauty and cosmetics, and fashion and apparel.With...
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November 07, 2022, 07:10 AM
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According to a statement released by Assurant, Assurant has acquired American Lease Insurance (ALI), a third-party administrator focused on providing insurance solutions for commercial equipment and vehicle leasing companies. The acquisition of ALI...
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November 04, 2022, 07:23 AM
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A new Grant Thornton survey of merger and acquisition (M&A) professionals finds that almost three-fourths (72 percent) expect deal volume to increase over the next six months, despite rising interest rates threatening access to capital and...
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November 02, 2022, 07:15 AM
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Republic Bancorp, Inc., the parent company of Republic Bank & Trust Company, and Cincinnati-based CBank announced the signing of an Agreement and Plan of Merger under which Republic will acquire CBank and its wholly owned subsidiary, Commercial...
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October 28, 2022, 07:25 AM
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Alta Equipment Group Inc. announced it has entered into a definitive agreement to acquire Ecoverse Industries, LTD, a full line distributor of industry-leading environmental processing equipment headquartered in Avon, OH, with 15 sub dealers...
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October 19, 2022, 07:18 AM
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U.S. Bancorp announced it has received all required U.S. regulatory approvals to complete the previously announced acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group, including approvals from the...
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October 17, 2022, 07:25 AM
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Prosperity Bancshares, Inc., the parent company of Prosperity Bank, and Lone Star State Bancshares, Inc., the parent company of Lone Star State Bank of West Texas, headquartered in Lubbock, TX, jointly announced the signing of a definitive merger...
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October 17, 2022, 07:05 AM
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ECN Capital Corp. announced it has closed its previously announced sale to funds managed by Stone Point Capital LLC of all of the issued and outstanding equity interests in ECN Kessler Holdco LLC, a wholly owned, indirect subsidiary of the Company...
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October 11, 2022, 07:05 AM
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Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, announced the completion of its acquisitions of Apollo Bancshares, Inc. (Apollo), parent company of Apollo Bank and of Drummond Banking Company (Drummond)...
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October 10, 2022, 07:05 AM
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H&E Equipment Services Inc. announced the completion of its acquisition of One Source Equipment Rentals Inc. With the closing of the transaction, H&E adds 10 equipment rental locations to its branch network, including initial locations in Illinois...
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October 04, 2022, 07:15 AM
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Sandusky, OH-based Civista Bancshares, Inc. announced the signing of a definitive stock purchase agreement pursuant to which Civista will acquire all of the issued and outstanding shares of Pittsburgh-based Vision Financial Group, Inc. (VFG), a...
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October 03, 2022, 07:23 AM
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Taichung Commercial Bank Co., Ltd., Taipei, Taiwan (TCB), announced it has entered into a definitive merger agreement with American Continental Bancorp, the bank holding company of American Continental Bank (collectively referred to herein as the...
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October 03, 2022, 07:10 AM
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Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, Inc., the parent company of Lakeland Bank, announced that they have entered into a definitive merger agreement pursuant to which the companies will combine in...
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September 28, 2022, 07:22 AM
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CSI LifeCycle Leasing GmbH, a wholly owned subsidiary of CSI Leasing, Inc., recently announced the acquisition of tradefinity GmbH, a German IT asset disposal (ITAD) company with more than 15 years of experience in IT services, refurbishing and...
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September 27, 2022, 07:07 AM
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H&E Equipment Services, Inc. announced the signing of a definitive agreement to acquire One Source Equipment Rental, Inc., a provider of non-residential construction and industrial equipment with operations in the Midwest and Southern U.S. One Source...
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September 20, 2022, 07:18 AM
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U.S. Bancorp and Mitsubishi UFJ Financial Group (MUFG) have mutually agreed to exercise their right under the purchase agreement for U.S. Bank’s acquisition of MUFG Union Bank’s core regional banking franchise to extend the outside termination date...
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September 19, 2022, 07:18 AM
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Allegiance Bancshares, Inc., the holding company of Allegiance Bank, and CBTX, Inc., the holding company of CommunityBank of Texas, N.A., jointly announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System to...
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September 16, 2022, 07:12 AM
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TimePayment, a Boston-based fintech company owned by affiliates of Fortress Investment Group, announced the acquisition of QuickSpark Financial, an e-commerce focused financing company that helps equipment vendors and end-users in over 50 industries...
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September 07, 2022, 07:25 AM
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Texada Software, a software platform for the equipment dealer and rental industry, announced it has acquired LogiMove CheckMobile Global. LogiMove is known for its next-generation mobile no-code/low-code applications for operations and field services...
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September 06, 2022, 07:13 AM
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Ryder System, Inc., a provider of supply chain, dedicated transportation and fleet management solutions, announced it has acquired Baton, a San Francisco-based startup known for the development of a proprietary logistics technology focused on...
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September 02, 2022, 07:20 AM
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BankFirst Capital Corporation, parent of BankFirst Financial Services, announced the signing of a definitive merger agreement with Mechanics Banc Holding Company, the parent company of Mechanics Bank, Water Valley, MI, under which BankFirst will...
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September 02, 2022, 07:18 AM
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First Commonwealth Financial Corporation and Centric Financial Corporation jointly announced the signing of a definitive Agreement and Plan of Merger providing for the merger of Centric with and into First Commonwealth in an all-stock transaction...
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September 01, 2022, 07:15 AM
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Herc Holdings Inc., a leading North American equipment rental supplier operating through Herc Rentals Inc., announced it has acquired substantially all the assets of Reliable Equipment, LLC, a New Hampshire-based equipment rental business with branch...
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August 31, 2022, 07:00 AM
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Miller Truck Leasing Company has acquired the assets and facilities of fellow NationaLease member Leroy Holding, headquartered in Albany, NY. The acquisition is an excellent fit with Miller’s strategy to expand its services into selected markets...
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August 30, 2022, 07:20 AM
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Gulf Coast Bank & Trust Company acquired the assets of KLC Financial, Inc and KLC Capital Partners, LLC (together KLC) and is continuing KLC’s success as KLC Financial, LLC, a subsidiary of Gulf Coast. Founded in 1987 and located in Minnetonka, MN...
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August 18, 2022, 07:25 AM
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MVB Financial Corp., the holding company for MVB Bank, Inc., announced it has entered into a definitive merger agreement pursuant to which MVB will acquire Integrated Financial Holdings, Inc. in an all-stock transaction. The strategic combination is...
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August 15, 2022, 07:10 AM
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Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, and Professional Holding Corp., parent company of Professional Bank, announced they have signed a definitive agreement under which Seacoast will acquire...
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August 09, 2022, 07:18 AM
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Terex Materials Processing (MP), a global firm in aggregate, environmental, concrete, lifting and handling machinery, announced the acquisition of the Canadian company ProAll, a specialist producer of mobile volumetric concrete mixers. ProAll’s...
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August 08, 2022, 07:10 AM
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Cooper Equipment Rentals Limited, a Canadian-owned and operated construction equipment rental company, announced the completed transaction to purchase 100 percent of the shares of Airdrie, Alberta-based One Stop Rentals/Sales Ltd. (One Stop)....
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August 02, 2022, 07:00 AM
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Texas First Rentals, a division of HOLT, announced it has acquired Class A Equipment Rentals, a construction equipment rental company, located in Fredericksburg, TX.Texas First Rentals is a construction equipment rental company, offering rental...
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August 01, 2022, 07:05 AM
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Velocity Truck Centers (VTC) announced the company has further expanded into the Mid-South with the acquisition of Kentucky Freightliner Trucks, Inc. The acquisition brings the important Lexington, KY, market into the VTC network.VTC has 65 locations...
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July 20, 2022, 07:16 AM
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ABLE Equipment Rental, Inc. of NY (ABLE), one of the largest independent rental companies in the United States, announced it has acquired the equipment rental assets, and service operations, of Extreme Rentals USA, LLC located in Manassas, VA. The...
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July 18, 2022, 07:15 AM
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The First Bancshares, Inc., holding company for The First Bank (The First), announced it has received all required regulatory approvals for the consummation of its proposed acquisition of Beach Bancorp, Inc. (BBI), parent company of Beach Bank based...
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July 11, 2022, 07:10 AM
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Alerus Financial Corporation announced it has completed the previously announced acquisition of MPB BHC, Inc., the bank holding company for Metro Phoenix Bank. Founded in 2007, Metro Phoenix Bank is the largest full-service community bank...
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July 11, 2022, 07:05 AM
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Alta Equipment Group Inc. announced it has entered into a definitive agreement to acquire Yale Industrial Trucks, Inc. (YIT), a privately held Yale lift truck dealer with five locations in southeastern Canada. The company provides sales, service, and...
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July 07, 2022, 07:12 AM
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Connecticut-based Ion Financial, MHC, parent company of Ion Bank, announced the successful closing of its previously announced merger with New Jersey-based Lincoln Park Bancorp, MHC, the mutual holding company of Lincoln Park Bancorp, the parent...
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July 06, 2022, 07:15 AM
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Fulton Financial Corporation announced the successful completion of its acquisition of Prudential Bancorp, Inc. headquartered in Philadelphia, PA, in a transaction in which Prudential Bancorp was merged into Fulton.“We are excited to have completed...
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July 05, 2022, 07:22 AM
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Harlingen-based Texas State Bankshares, Inc. and Denton-based Access Bancorp, Inc. announced they have completed the merger of Access Bancorp, Inc. with Texas State Bankshares, Inc. and AccessBank Texas with Texas Regional Bank. As a result of the...
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July 05, 2022, 07:13 AM
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Origin Bancorp, Inc., the holding company for Origin Bank, Choudrant, LA, and BT Holdings, Inc. (BTH), the holding company for BTH Bank, N.A., Quitman, TX, announced that the previously announced merger between BTH and Origin, pursuant to the...
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July 05, 2022, 07:10 AM
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Wingspire Capital Holdings LLC announced an agreement to acquire Liberty Commercial Finance LLC. Wingspire Capital is a portfolio company of Owl Rock Capital Corporation, a publicly traded business development company that is externally managed by an...
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June 29, 2022, 07:22 AM
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Elix Aviation, the international regional aircraft leasing company, is to merge with ADARE Aviation Capital. Elix is owned by funds managed by Oaktree Capital Management, L.P., which initiated the merger to enable further investment in the regional...
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June 24, 2022, 07:16 AM
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BankFirst Capital Corporation, parent of BankFirst Financial Services (the Bank), announced the signing of a definitive merger agreement with Tate Financial Corporation, the parent company of Sycamore Bank, Senatobia, Mississippi (Sycamore Bank)...
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June 24, 2022, 07:12 AM
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First Bancorp, the parent company of First Bank, and GrandSouth Bancorporation, the parent company of GrandSouth Bank, announced the signing of a definitive merger agreement under which First Bancorp will acquire GrandSouth in an all-stock...
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June 22, 2022, 07:05 AM
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LeasePlan Corporation announced that Wheels Donlen’s parent company, in which Athene is the lead investor, has signed a Stock Purchase Agreement with LeasePlan Corporation to acquire LeasePlan USA, and subsequently combine the business with Wheels...
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June 21, 2022, 07:18 AM
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Fulton Financial Corporation and Prudential Bancorp, Inc. announced Prudential Bancorp shareholders have voted to approve Fulton’s acquisition of Prudential Bancorp and its subsidiary, Prudential Bank, located in Philadelphia, PA, with more than 98...
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June 20, 2022, 07:15 AM
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Eastern Funding, a financial lender to laundromats and other businesses, announced it has successfully merged operations with Macrolease Corporation. Macrolease is a specialized equipment finance and leasing company serving the fitness, wellness and...
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June 15, 2022, 07:25 AM
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VersaBank, a leader in digital banking and cyber security solutions, announced that, through its wholly owned U.S. subsidiary, VersaHoldings US Corp., it has signed a definitive agreement to acquire Minnesota-based Stearns Bank Holdingford, N.A....
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June 15, 2022, 07:16 AM
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CrossFirst Bankshares, Inc. and Central Bancorp, Inc. announced they have entered into a definitive merger agreement under which CrossFirst’s bank subsidiary, CrossFirst Bank, will acquire Central’s bank subsidiary, Farmers & Stockmens Bank (F&S...
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June 14, 2022, 07:12 AM
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American Bank and TexStar National Bank jointly announced the signing of a definitive agreement and plan of merger pursuant to which American Bank will acquire TexStar. In accordance with the merger agreement, TexStar will merge with and into...
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June 13, 2022, 07:18 AM
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Raymond James Financial announced it has completed the previously announced acquisition of TriState Capital Holdings, Inc. The cash and stock transaction was valued at approximately $1.1 billion.“The strategic and cultural fit between Raymond James...
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June 03, 2022, 07:10 AM
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F.N.B. Corporation and UB Bancorp announced the signing of a definitive merger agreement for FNB to acquire UB Bancorp, including its wholly owned banking subsidiary, Union Bank, in an all-stock transaction valued at $19.56 per share, or a fully...
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June 02, 2022, 07:10 AM
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First Horizon Corporation announced it has received shareholder approval for The Toronto-Dominion Bank (TD) to acquire First Horizon. The transaction is expected to close in the first quarter of TD's 2023 fiscal year subject to U.S. and Canadian...
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June 01, 2022, 07:18 AM
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Trinity Industries, Inc. announced the acquisition of Quasar Platform Inc. from Cando Rail & Terminals Ltd. Quasar is an end-to-end rail logistics software platform providing a real-time data universe to freight rail shippers and operators. The...
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May 31, 2022, 07:11 AM
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Brookline Bancorp, Inc. and PCSB Financial Corporation announced they have entered into a definitive merger agreement whereby Brookline will acquire PCSB and its wholly owned subsidiary, PCSB Bank for approximately $313 million in cash and stock....
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May 25, 2022, 07:20 AM
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Fulton Financial Corporation announced that both the Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking and Securities have approved the respective applications by Fulton to acquire Prudential Bancorp, Inc. and...
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May 24, 2022, 07:15 AM
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Ryder System, Inc., a provider of supply chain, dedicated transportation and fleet management solutions, confirmed it has received an unsolicited indication of interest from HG Vora Capital Management, LLC to acquire all of the outstanding shares of...
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May 16, 2022, 07:20 AM
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TimePayment, a fintech company and market leader in sales financing for specialty equipment sellers, has announced the acquisition of Wheaten Financial Inc., an innovative and rapidly growing equipment finance company primarily focused on commercial...
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May 10, 2022, 07:23 AM
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U.S. Bancorp announced a five-year community benefits plan (CBP), developed in coordination with the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC), as part of the planned acquisition of MUFG Union...
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May 10, 2022, 07:17 AM
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AMECO, a provider of construction and maintenance Site Services planning and delivery, announced it has acquired F&M MAFCO, an international supplier of tools and equipment rental, sales and service programs. The synergies between both companies will...
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May 06, 2022, 07:05 AM
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Providence Bank & Trust, along with The Leaders Bank, announced the completion of the previously announced acquisition. The Leaders Bank merged into Providence Bank & Trust.“We are very pleased that our merger is now official, and we are happy to...
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May 06, 2022, 07:03 AM
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United Community Banks, Inc. and Progress Financial Corporation announced the execution of a definitive merger agreement pursuant to which United will acquire Progress, and its wholly owned subsidiary, Progress Bank & Trust, in an all-stock...
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May 05, 2022, 07:05 AM
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Ritchie Bros. Auctioneers announced its wholly owned indirect subsidiary, Ritchie Bros. UK Holdings Ltd. (RB Purchaser) is discontinuing the Phase 2 review by the UK Competition and Markets Authority (the CMA). The Sale and Purchase Agreement dated...
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May 02, 2022, 07:18 AM
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First Internet Bancorp, the parent company of First Internet Bank, announced First Century Bancorp. has terminated the agreement and plan of merger between the two companies. Under the agreement, announced Nov. 2, 2021, the consummation of the merger...
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May 02, 2022, 07:15 AM
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Simmons First National Corp. announced it has completed the acquisition of Spirit of Texas Bancshares, Inc. (Spirit), the parent company of Spirit of Texas Bank SSB, based in Conroe, TX. A definitive agreement to acquire Spirit was previously...
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April 13, 2022, 07:05 AM
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Citizens Financial Group, Inc. announced the closing of its previously announced acquisition of Investors Bancorp, Inc.The acquisition of Investors, along with the recently completed acquisition of HSBC’s East Coast branches and national online...
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April 07, 2022, 07:18 AM
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M&T Bank Corporation announced the successful completion of its acquisition of People's United Financial, Inc. valued at $8.3 billion. The combined company employs more than 22,000 people and has a network of over 1,000 branches and 2,200 ATMs that...
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April 04, 2022, 07:20 AM
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Valley National Bancorp announced that its acquisition of Bank Leumi Le-Israel Corporation (Leumi USA), the U.S. subsidiary of Bank Leumi Le-Israel B.M. (BLITA), and parent company of Bank Leumi USA (Bank Leumi) was completed effective April 1.The...
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April 04, 2022, 07:14 AM
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Hugg & Hall Equipment Company, an industrial and construction equipment provider in Arkansas, Oklahoma, Louisiana, Missouri and Texas announced the acquisition of Southern Material Handling Company of eastern Oklahoma. “When I made the decision to...
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April 04, 2022, 07:10 AM
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Nations Capital Inc. (NCI), a global asset management and advisory firm focused on opportunistic investments and asset remarketing, announced it has acquired the assets of Art Logistics, Inc. and Equipment Park Leasing, LLC (the Company), located in...
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April 01, 2022, 07:10 AM
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Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank (Seacoast Bank), announced today that it has signed a definitive agreement to acquire Apollo Bancshares, Inc. (Apollo), parent company of Apollo Bank based in...
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March 31, 2022, 07:08 AM
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TriCo Bancshares has completed its previously announced merger with Valley Republic Bancorp. The combined company, operating as TriCo Bancshares with its banking subsidiary, Tri Counties Bank, anticipates having total assets of approximately $10.1...
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March 29, 2022, 07:11 AM
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Farmers National Banc Corp. (Farmers), the holding company for The Farmers National Bank of Canfield (Farmers Bank), and Emclaire Financial Corp., the holding company for The Farmers National Bank of Emlenton (Emlenton Bank), jointly announced they...
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March 25, 2022, 07:15 AM
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US Service Group (USSG), a New York-based industrial services company, announced it has acquired Walker Crane & Rigging Corp. (Walker) of Plainville, CT. Established in 1883, Walker is one of the premier crane, rigging and transportation operations...
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March 25, 2022, 07:10 AM
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The Federal Reserve Board on Tuesday announced its approval of the application by Citizens Financial Group, Inc. to acquire Investors Bancorp, Inc., and thereby indirectly acquire Investors Bank.Citizens Financial Group and Investors Bancorp...
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March 23, 2022, 07:14 AM
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Chesswood Group Limited, a publicly traded North American specialty finance company, and Waypoint Investment Partners Inc., a Toronto-based investment fund and private client investment manager, announced Chesswood and its wholly owned subsidiary...
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March 18, 2022, 07:14 AM
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Herc Holdings Inc., a North American equipment rental supplier operating through Herc Rentals Inc., announced it has entered a purchase agreement to acquire Cloverdale Equipment Company. The transaction, which is subject to customary closing...
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March 16, 2022, 07:17 AM
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Resolute Industrial Holdings, LLC, an independent provider of specialty HVAC and power equipment rental solutions, announced it has acquired Rocky Mountain Portable Cooling (RMPC). RMPC will operate under Resolute Industrial's rental division, Mobile...
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March 14, 2022, 07:11 AM
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Trace3 entered into a definitive agreement to purchase LaSalle Solutions, a business division of Fifth Third Bank, to further enhance the technology solutions portfolio available to clients of both companies, while also significantly increasing...
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March 10, 2022, 07:23 AM
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Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement with The Reynolds and Reynolds Company to acquire International Document Services, Inc. (IDS), a U.S. provider of compliance and document generation software solutions for the...
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March 10, 2022, 07:21 AM
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Colorado-based FirstSun Capital Bancorp, the holding company of Sunflower Bank, N.A. and Texas-based Pioneer Bancshares, Inc., the holding company of Pioneer Bank, SSB jointly announced today the receipt of all required regulatory approvals to merge...
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March 10, 2022, 07:11 AM
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M&T Bank Corporation and People's United Financial, Inc. jointly announced the closing of the previously announced merger between the two companies is expected to occur on or about April 1, subject to the satisfaction or waiver of the remaining...
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March 08, 2022, 07:16 AM
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Fulton Financial Corporation and Prudential Bancorp, Inc. announced they have entered into a definitive Agreement and Plan of Merger under which Prudential will merge with and into Fulton in a stock and cash transaction.Fulton Financial Corporation...
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March 04, 2022, 07:15 AM
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SouthState Corporation announced the closing of its acquisition of Atlantic Capital Bancshares, Inc. through the merger of Atlantic Capital with and into SouthState. Immediately after that merger, Atlantic Capital's subsidiary bank, Atlantic Capital...
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March 03, 2022, 07:17 AM
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M&T Bank Chairman and CEO René Jones released his letter to shareholders, an annual tradition featuring candid insights on the banking industry and the communities in which M&T operates. This year's letter explores the impact of the pandemic, the...
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March 02, 2022, 07:19 AM
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Business First Bancshares, Inc., the holding company for b1BANK, has completed its acquisition of Texas Citizens Bancorp, Inc., and its wholly owned bank subsidiary, Texas Citizens Bank, National Association. “This partnership in the Houston area is...
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March 02, 2022, 07:15 AM
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DMG Bancshares, Inc. and Liberty Bancorp jointly announced the signing of a definitive merger agreement under which DMG will acquire Liberty in an all-cash transaction with a base consideration of approximately $31.2 million, or $35.19 per Liberty...
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March 01, 2022, 07:10 AM
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TD Bank Group and First Horizon Corporation announced they have signed a definitive agreement for TD to acquire First Horizon in an all-cash transaction valued at $13.4 billion, or $25.00 for each common share of First Horizon. Through this...
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February 28, 2022, 07:25 AM
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Origin Bancorp, the holding company for Origin Bank, Choudrant, LA, and BT Holdings, Inc. (BTH", the holding company for BTH Bank, N.A., Quitman, TX, jointly announced the signing of an Agreement and Plan of Merger under which Origin will acquire BTH...
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February 25, 2022, 07:20 AM
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Comrent International, a U.S.-based power-testing infrastructure provider specializing in load bank solutions for more than two decades, announced it has been acquired by Sunbelt Rentals.The combination of Comrent and Sunbelt Rentals broadens both...
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February 24, 2022, 07:10 AM
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The Bay Crane Companies, Inc., the largest provider of specialty crane and rigging equipment services in the Northeast, announced the acquisition of Capital City Group, Inc. The transaction results in Bay Crane ranking in the top 10 largest crane...
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February 18, 2022, 07:10 AM
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Peoples Bancorp Inc. announced its wholly owned subsidiary, Peoples Bank, has entered into a definitive agreement to acquire Vantage Financial, LLC, a nationwide provider of equipment financing headquartered in Excelsior, MN. Under the terms of the...
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February 17, 2022, 07:25 AM
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Old National Bancorp and First Midwest Bancorp, Inc. jointly announced they have completed their all-stock merger of equals, announced on June 1, 2021.The combined company creates the sixth-largest commercial bank headquartered in the Midwest based...
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February 17, 2022, 07:10 AM
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Simmons First National Corporation announced the Federal Reserve Bank of St. Louis has approved Simmons Bank’s application for its proposed acquisition of Spirit of Texas Bank SSB, the bank subsidiary of Spirit of Texas Bancshares, Inc. (Spirit)...
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February 10, 2022, 07:15 AM
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First Interstate BancSystem, Inc. (FIBK), parent company of First Interstate Bank, announced it has completed its previously announced merger with Great Western Bancorp, Inc. (GWB), parent company of Great Western Bank. The combined holding company...
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February 04, 2022, 07:12 AM
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BayCom Corp, the parent company of United Business Bank, announced it completed its previously announced acquisition of Pacific Enterprise Bancorp (PEB), headquartered in Irvine, CA, and the merger of Pacific Enterprise Bank, the bank subsidiary of...
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February 03, 2022, 07:18 AM
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Webster Financial Corporation and Sterling Bancorp jointly announced today the completion of their previously announced merger, creating one of the largest commercial banks in the Northeast. The combined company is a unique financial institution...
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February 02, 2022, 07:10 AM
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Hunter Street Partners, a Minneapolis, MN-based alternative investment management firm, announced the expansion of its All-Star Rents platform through the acquisition of two equipment rental facilities that focus on the sale, rental and servicing of...
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January 31, 2022, 07:09 AM
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Old National Bancorp and First Midwest Bancorp, Inc. announced that their merger of equals transaction, announced on June 1, 2021, has received Federal Reserve approval. This follows approvals received last year from the Office of the Comptroller of...
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January 28, 2022, 07:15 AM
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Columbia Banking System, Inc., the parent company of Columbia State Bank, and Umpqua Holdings Corporation, the parent company of Umpqua Bank, jointly announced that they have received all required shareholder approvals related to the proposed...
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January 27, 2022, 07:10 AM
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F.N.B. Corporation announced it successfully completed its merger with Baltimore, MD-based Howard Bancorp, Inc. on Jan. 22. The customer and branch branding conversion is scheduled to be finalized on Feb. 7. The merger was announced in July 2021.As a...
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January 25, 2022, 07:07 AM
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Marlin Business Services Corp., a nationwide provider of capital solutions to small businesses, announced the completion of its acquisition by funds managed by affiliates of HPS Investment Partners LLC (HPS) effective Jan. 20, for $23.50 per share in...
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January 21, 2022, 07:22 AM
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Custom Truck One Source, Inc. announced the completion of the acquisition of HiRail Leasing, Northshore Rail Contracting and Heavy Equipment Repairs (collectively, HiRail or the HiRail Leasing Group) for $46.0 million, subject to fleet and other...
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January 21, 2022, 07:07 AM
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GreatAmerica Financial Services Corporation announced it acquired the assets of IRH Capital LLC, a recognized leader in the franchise financing industry. The acquisition will allow Northbrook, IL-based IRH Capital to expand its services and add a new...
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January 20, 2022, 07:25 AM
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Chesswood Group Limited and Rifco Inc., a Canadian alternative auto finance company, announced the successful completion of Chesswood's strategic acquisition of Rifco pursuant to the previously announced statutory plan of Arrangement under the...
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January 18, 2022, 07:13 AM
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Marlin Business Services Corp., a nationwide provider of capital solutions to small businesses, announced an update on its proposed merger with a subsidiary of funds managed by HPS Investment Partners LLC (HPS).Marlin and HPS have been working...
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January 13, 2022, 07:25 AM
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HYPERAMS, LLC announced that Buffalo, NY-based Blackbird Asset Services, LLC will be merging its operation with HYPERAMS effective immediately. Blackbird Managing Director David Fiegel will assume the role of Managing Director of Auction Services and...
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January 11, 2022, 07:07 AM
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Lakeland Bancorp, Inc. announced its acquisition of 1st Constitution Bancorp was completed effective Jan. 6.1st Constitution’s wholly owned subsidiary, 1st Constitution Bank, was merged into Lakeland Bank. As of Sept. 30, 2021, 1st Constitution had...
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January 10, 2022, 07:18 AM
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CVB Financial Corp. announced the planned merger between CVBF’s wholly owned banking subsidiary, Citizens Business Bank, and Suncrest Bank was completed, effective on Jan. 7. Suncrest was merged with and into Citizens, in accordance with the terms...
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January 10, 2022, 07:14 AM
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American Bank announced the acquisition of ACG Equipment Finance (ACG), a fully integrated direct equipment financing company headquartered in Austin, TX. The acquisition is another milestone in American Bank’s growth strategy, enhances the bank’s...
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January 07, 2022, 07:22 AM
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Franklin BSP Lending Corporation (FBLC) and Franklin BSP Capital Corporation (FBCC), business development companies advised by affiliates of Benefit Street Partners L.L.C., announced the acquisition of substantially all of the equity interests of...
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January 05, 2022, 08:05 AM
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First Citizens BancShares Inc., parent company of First-Citizens Bank & Trust Company, announced the completion of its previously announced merger with CIT Group Inc.North Carolina-headquartered First Citizens is now a top 20 U.S. financial...
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January 04, 2022, 07:25 AM
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First Financial Bancorp. announced it has completed its previously announced acquisition of Cincinnati-based Summit Funding Group, Inc., the fourth largest independent equipment financing platform in the United States. “We are excited about the...
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January 04, 2022, 07:23 AM
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WSFS Financial Corporation, the parent company of WSFS Bank, announced it completed the acquisition of the Bryn Mawr Bank Corporation, and its primary subsidiary, The Bryn Mawr Trust Company, as of Jan. 1, 2022.In addition, in accordance with the...
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January 04, 2022, 07:21 AM
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Velocity Truck Centers (VTC) announced the company has expanded further into the Southeast with the acquisition of Triple-T Truck Centers. These acquisitions extend VTC’s reach in the Southeast along the I-40 in North Carolina to Warsaw, Rocky Point...
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January 04, 2022, 07:17 AM
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United Community Banks, Inc. has completed its merger, effective Jan. 1, 2022, with Reliant Bancorp, Inc., including its wholly owned subsidiary, Reliant Bank, which was merged with and into United’s bank subsidiary, United Community Bank, and will...
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January 04, 2022, 07:00 AM
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Cooper Equipment Rentals Limited, an independent equipment rental company in Canada, announced it has acquired Eze Rent-It Centre (EZE) in British Columbia and Stayner Rental in Ontario. Established in 1986, EZE has three locations in the Fraser...
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January 03, 2022, 07:07 AM
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EquipmentShare has acquired the equipment fleet and operations of six Trekker Tractor locations in Florida, and introduced its construction equipment sales and service operations as CASE Power & Equipment of Florida — the official CASE Construction...
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December 28, 2021, 07:11 AM
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Commercial Credit, Inc. (CCI), a Charlotte, NC-based equipment and accounts receivable finance company and the parent company of Commercial Credit Group Inc. (CCG) and Commercial Funding Inc., announced it has acquired Keystone Equipment Finance Corp...
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December 27, 2021, 07:23 AM
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EquipmentShare, a fast-growing nationwide equipment rental company, announced it has completed an acquisition of equipment fleet and operations from six Trekker Tractor locations in the state of Florida including Miami, West Palm Beach, Orlando...
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December 27, 2021, 07:12 AM
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Webster Financial Corporation and Sterling Bancorp jointly announced that Webster has received regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced merger between the two companies. As...
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December 21, 2021, 07:15 AM
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WSFS Financial Corporation, the parent company of WSFS Bank, and Bryn Mawr Bank Corporation (BMTC), the parent company of The Bryn Mawr Trust Company, jointly announced WSFS has received all required approvals to acquire BMTC, and to merge its...
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December 21, 2021, 07:05 AM
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BMO Financial Group, and its indirect wholly owned Chicago-based subsidiary BMO Harris Bank N.A. announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries, with assets as of Sept. 30, 2021, of...
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December 20, 2021, 07:20 AM
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First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. the parent company of CIT Bank, N.A., jointly announced that their previous proposal to merge the two companies has received approval from...
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December 20, 2021, 07:18 AM
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Bank of Montreal has expressed interest in buying BNP Paribas SA’s U.S. banking arm, according to people familiar with the matter. BMO has held initial talks about an acquisition of BNP Paribas’s Bank of the West unit. Read the Bloomberg article here...
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December 17, 2021, 07:23 AM
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Alta Equipment Group Inc. announced it has entered into a definitive agreement to acquire the assets of Ambrose Equipment, LLC., a privately held equipment distributor and the Northeast’s premier asphalt equipment dealer for more than 33 years, with...
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December 17, 2021, 07:11 AM
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Rush Enterprises, Inc., which operates the largest network of commercial vehicle dealerships in North America, has acquired certain assets of Summit Truck Group, one of the largest international brand commercial vehicle dealership groups in the...
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December 16, 2021, 07:21 AM
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BayCom Corp and Pacific Enterprise Bancorp (PEB) jointly announced that, at their respective special meetings of shareholders, they each received the necessary shareholder approval for the consummation of their planned merger. BayCom previously...
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December 16, 2021, 07:15 AM
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Merger and acquisition activity will remain robust in 2022, spurred on by both opportunistic and defensive strategies, according to an economic outlook report released by Umpqua Bank titled, "Headwinds & Opportunities: Economic Trends & Predictions...
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December 16, 2021, 07:13 AM
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Ameris Bancorp announced its banking subsidiary, Ameris Bank, has acquired Balboa Capital Corporation, an online provider of business lending solutions to small and mid-sized businesses nationwide.The acquisition of Balboa Capital and its technology...
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December 14, 2021, 07:23 AM
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For nearly 100 years, Mahaffey has been providing large-scale temporary fabric structures for businesses across the country – from temporary warehouses and aviation hangars to fire stations and blast-resistant structures – all managed from the...
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December 09, 2021, 07:15 AM
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ZRG Partners, a rapidly growing global talent advisory firm, announced its acquisition of Brimstone Consulting Group, LLC. a boutique strategy consulting firm.Based out of Camden, ME, Brimstone Consulting is a specialist consulting firm that partners...
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December 09, 2021, 07:12 AM
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First Financial Bancorp. announced it has entered into an agreement to acquire Cincinnati, OH-based Summit Funding Group, Inc., the fourth-largest independent equipment financing platform in the United States. "We are very excited to join forces with...
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December 08, 2021, 07:23 AM
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Penske Truck Leasing announced it has reached an agreement to acquire the assets of Rochester, N.Y.-based DeCarolis Truck Rental Inc. Financial terms were not disclosed."DeCarolis Truck Rental is a well-respected name in the region and we are excited...
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December 06, 2021, 07:17 AM
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Denver, CO-based InBankshares, Corp (INBC) and Wiley, Colorado-based Legacy Bank announced they entered into a definitive merger agreement pursuant to which Legacy will merge with and into InBank, the wholly owned subsidiary of INBC, in a stock and...
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December 03, 2021, 07:17 AM
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LCI, a leading aviation leasing company, announced an agreement to acquire Nova Capital Aviation (Ireland) Limited, a division of the Nova Capital Group.Nova Capital Aviation (Ireland) Limited represents the twin-engine rotary and fixed-wing aircraft...
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December 02, 2021, 07:08 AM
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CVB Financial Corp. (CVBF), the holding company for Citizens Business Bank (Citizens), announced that Citizens has received regulatory approvals from the Federal Deposit Insurance Corporation and the California Department of Financial Protection and...
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November 29, 2021, 07:22 AM
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Connecticut-based Ion Financial, MHC, parent company of Ion Bank, and New Jersey-based Lincoln Park Bancorp, MHC, the mutual holding company of Lincoln Park Bancorp, parent company of Lincoln 1st Bank, jointly announced entry into a definitive...
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November 29, 2021, 07:10 AM
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Mitsubishi HC Capital Inc. (the Company) announced the company completed the acquisition of San Francisco, CA-based CAI International, Inc. CAI is now a wholly owned subsidiary of the Company. The acquisition had been announced on June 18.
Under the...
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November 24, 2021, 07:23 AM
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BayCom Corp announced it has received all regulatory clearances for its proposed merger with Pacific Enterprise Bancorp (PEB). The Board of Governors of the Federal Reserve System and the California Department of Financial Protection and Innovation...
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November 24, 2021, 07:04 AM
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Alta Equipment Group Inc. announced it has entered into a definitive agreement to acquire Midwest Mine Services LLC, a privately held company headquartered near Toledo, OH.Midwest Mine Services designs, fabricates, and installs full aggregate...
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November 23, 2021, 07:03 AM
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Investors Bancorp, Inc. announced stockholders of the company approved the planned merger with Citizens Financial Group, Inc. at a special meeting of the company's stockholders. The transaction is expected to close in the first half of 2022, subject...
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November 22, 2021, 07:18 AM
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Simmons First National Corporation and Spirit of Texas Bancshares, Inc. announced the execution of a definitive merger agreement pursuant to which Simmons will acquire Spirit, and its wholly owned subsidiary, Spirit of Texas Bank SSB, in a...
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November 22, 2021, 07:17 AM
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Arbor Bancorp, Inc., the holding company for Bank of Ann Arbor and FNBH Bancorp, Inc., the holding company for First National Bank in Howell, previously announced the signing of a definitive merger agreement on Aug. 9 for Arbor to acquire First...
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November 19, 2021, 07:17 AM
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Herc Holdings Inc., a North American equipment rental supplier operating through Herc Rentals Inc., announced it has completed the acquisition of Toronto-based Rapid Equipment Rental Limited. Rapid Equipment is a full-service general equipment rental...
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November 17, 2021, 07:21 AM
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BNP Paribas is working with advisers to assess a sale of its U.S. arm Bank of the West as it seeks to retreat from the American retail banking market after struggling to compete with larger and better capitalized rivals, three sources with knowledge...
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November 16, 2021, 07:22 AM
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Patriot National Bancorp, Inc., the parent company of Patriot Bank, N.A., and American Challenger Development Corp., announced they have entered into a definitive agreement under which Patriot will acquire American Challenger via a reverse subsidiary...
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November 16, 2021, 07:12 AM
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McCoy Group, Inc., a family-owned company based in Dubuque, IA, is expanding its business base with the purchase of eight John Deere Construction and Forestry stores serving Missouri, Illinois, Indiana and Kentucky from Erb Equipment Co., Inc. The...
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November 16, 2021, 07:11 AM
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Eastern Bankshares, Inc., the stock holding company for Eastern Bank, announced it has completed its acquisition of Century Bancorp, Inc., the stock holding company for Century Bank and Trust Company, a full-service commercial bank with a full range...
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November 15, 2021, 07:19 AM
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OceanFirst Financial Corp., parent company of OceanFirst Bank N.A., and Partners Bancorp, parent company of The Bank of Delmarva (and its division, Liberty Bell Bank), headquartered in Seaford, DE, and Virginia Partners Bank (and its division...
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November 05, 2021, 07:18 AM
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Trinity Industries, Inc. announced the company has entered into a definitive agreement to sell its highway products business for $375 million in cash, subject to customary closing conditions and adjustments. Trinity’s highway products business is a...
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November 05, 2021, 07:17 AM
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First Internet Bancorp, the parent company of First Internet Bank, announced it has entered into a definitive agreement to acquire First Century Bancorp, the parent company of First Century Bank, N.A.Headquartered in Roswell, GA, First Century is a...
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November 03, 2021, 07:17 AM
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Ritchie Bros. announced it has completed its acquisition of SmartEquip, an innovative technology platform that supports customers’ management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers.“This acquisition...
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November 03, 2021, 07:10 AM
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Herc Holdings Inc., a North American equipment rental supplier operating through Herc Rentals Inc., announced it has acquired substantially all the assets of Reliable Equipment, LLC, a New Hampshire-based equipment rental business with branch...
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November 02, 2021, 07:15 AM
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Cadence Bank announced the successful closing of its previously announced merger in which legacy Cadence Bancorporation merged into BancorpSouth Bank, with BancorpSouth as the surviving company. Upon the completion of the merger, BancorpSouth was...
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November 01, 2021, 07:22 AM
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AerCap Holdings N.V. announced it has completed its acquisition of the GE Capital Aviation Services business (GECAS) from General Electric.The acquisition positions AerCap as the worldwide industry leader across all areas of aviation leasing:...
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November 01, 2021, 07:21 AM
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Valley National Bancorp, the holding company for Valley National Bank, announced that regulatory approvals for the previously announced acquisition of The Westchester Bank Holding Corporation, and its banking subsidiary The Westchester Bank, has been...
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October 28, 2021, 07:15 AM
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Rifco Inc., a Canadian alternative auto finance company, and Chesswood Group Limited, a publicly traded commercial equipment finance company focused on small and medium-sized businesses, announced they have entered into an arrangement agreement...
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October 28, 2021, 07:11 AM
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Ryder System, Inc. announced it has entered into a definitive agreement to acquire all of the outstanding equity of Midwest Warehouse & Distribution System. Midwest, based in Woodridge, IL, provides warehousing, distribution and transportation...
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October 28, 2021, 07:05 AM
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M&T Bank Corporation announced it has received approval from the New York State Department of Financial Services and the Connecticut Department of Banking to complete the merger of M&T Bank with People's United Bank. The combined bank will create a...
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October 22, 2021, 07:20 AM
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Banc of California, Inc., the holding company of Banc of California, N.A., announced the completion of its acquisition of Pacific Mercantile Bancorp. Following the acquisition, Banc of California will have over $9 billion in total assets. Jared Wolff...
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October 22, 2021, 07:18 AM
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Business First Bancshares, Inc., the holding company for b1BANK, and Texas Citizens Bancorp, Inc. jointly announced the signing of a definitive agreement under which Business First will acquire Texas Citizens and its wholly owned bank subsidiary...
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October 22, 2021, 07:09 AM
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Raymond James Financial, Inc. and TriState Capital Holdings, Inc. have entered into a definitive agreement under which Raymond James will acquire TriState Capital in a combination cash and stock transaction, valued at approximately $1.1 billion....
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October 21, 2021, 07:22 AM
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BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, announced their proposed merger has received final Federal Deposit Insurance Corporation approval. The FDIC approval follows recent approvals from the Mississippi...
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October 18, 2021, 07:22 AM
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Columbia Banking System, the parent company of Columbia State Bank, and Umpqua Holdings Corporation, the parent company of Umpqua Bank, have entered into a definitive agreement under which the companies will join together in an all-stock...
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October 13, 2021, 07:20 AM
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Herc Holdings Inc. which operates as Herc Rentals Inc., announced it has entered a purchase agreement to acquire Toronto-based Rapid Equipment Rental Limited (Rapid Equipment). The transaction is subject to customary closing conditions with a plan to...
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October 08, 2021, 07:19 AM
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CSI Leasing, Inc., headquartered in St. Louis, MO, recently announced the acquisition of two companies in Norway, Leasepartner AS and Leasemaker AS. The company now has leasing subsidiaries in 10 European countries and services customers in more than...
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October 05, 2021, 07:05 AM
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H&E Equipment Services, Inc. announced it has completed the sale of the company’s crane business to a wholly owned subsidiary of The Manitowoc Company, Inc. Proceeds from the sale are an estimated $130 million in cash, pending the finalization of net...
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October 04, 2021, 07:17 AM
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United Community Banks, Inc. has completed its merger with Aquesta Financial Holdings, Inc., including its wholly owned subsidiary, Aquesta Bank, which was merged into United’s bank subsidiary, United Community Bank. Aquesta will now operate under...
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October 04, 2021, 07:15 AM
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BancPlus Corporation, the parent company of BankPlus, and First Trust Corporation, the parent company of First Bank and Trust, jointly announced the signing of a definitive merger agreement pursuant to which BancPlus will acquire First Trust...
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September 30, 2021, 07:11 AM
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Ritchie Bros. Auctioneers and SmartEquip announced they have entered into a definitive agreement under which Ritchie Bros. will acquire SmartEquip for approximately $175 million. Completion of the acquisition is subject to customary closing...
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September 27, 2021, 07:16 AM
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Valley National Bancorp and Bank Leumi Le-Israel Corporation announced they have entered into a definitive merger agreement whereby Valley will acquire Leumi, the U.S. subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA...
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September 24, 2021, 07:19 AM
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Boxwheel Trailer Leasing, a provider of semi-trailer rentals, leases and sales with physical rental locations in Denver, CO, and Phoenix, AZ, announced the acquisition of Prime Trailer. This strategic acquisition allows Boxwheel the ability to expand...
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September 23, 2021, 07:20 AM
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U.S. Bancorp announced it has entered into a definitive agreement to acquire MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group in a transaction that will bring together two premier organizations with a focus on...
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September 21, 2021, 07:26 AM
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White Oak Global Advisors (“White Oak”) has completed the acquisition of Finacity Corporation (“Finacity”) a global leader in working capital and trade finance funding solutions to global businesses. Finacity originates, structures and places over...
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September 21, 2021, 07:16 AM
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Peoples Bancorp Inc., parent company of Peoples Bank, announced it has completed its acquisition of Premier Financial Bancorp, Inc. and Premier's wholly owned subsidiaries, Premier Bank, Inc. and Citizens Deposit Bank & Trust, Inc.Peoples and Premier...
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September 20, 2021, 07:18 AM
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North Mill Equipment Finance, LLC and TF Group, Inc. (Taycor Financial) announced the acquisition of 100 percent of the stock of the parent company of Aztec Financial, LLC from an affiliate of Aramsco, Inc. Aztec is an equipment finance company...
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September 17, 2021, 07:25 AM
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Mitsubishi UFJ Financial Group Inc. is considering selling its U.S. banking arm, as consolidation heats up in the American financial industry, people familiar with the matter said, Bloomberg reported. According to Bloomberg, the Japanese lender is...
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September 17, 2021, 07:22 AM
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First Midwest Bancorp, Inc. announced its stockholders have overwhelmingly approved the proposed merger between First Midwest and Old National Bancorp, which was announced June 1. At First Midwest’s stockholder meeting, approximately 99 percent of...
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September 17, 2021, 07:00 AM
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Chadwick BaRoss Inc. (CBR) announced it has completed the acquisition of J.F. McDermott Corp. (McDermott), a Whitman, MA-based distributor (since 1942) of equipment to the water and waste water industries. Under the announced deal, all of McDermott's...
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September 13, 2021, 07:20 AM
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BayCom Corp, the holding company for United Business Bank, and Pacific Enterprise Bancorp, the holding company for Pacific Enterprise Bank, announced jointly the signing of an Agreement and Plan of Merger under which BayCom has agreed to acquire PEB...
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September 08, 2021, 07:20 AM
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Bank of Ann Arbor (Arbor), and Nicolet National Bank (Nicolet), announced Arbor has entered into an agreement to buy the Birmingham, MI, Branch of Nicolet located at 260 East Brown Street. This was a branch of the former mBank, recently acquired by...
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September 08, 2021, 07:05 AM
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Herc Holdings Inc., a North American equipment rental supplier operating as Herc Rentals Inc., announced it has acquired Dwight Crane Ltd. and its U.S. affiliate, LRX LLC. Dwight Crane is an entertainment equipment rental business based in Ajax...
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September 07, 2021, 07:18 AM
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The Department of Justice announced BancorpSouth Bank and Cadence Bank have agreed to sell seven branches in northeastern Mississippi, with more than $446 million in deposits, to resolve antitrust concerns arising from BancorpSouth’s planned...
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September 03, 2021, 07:18 AM
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Alta Equipment Group Inc. announced it has entered into a definitive agreement to acquire Gibson Machinery, LLC, a privately held premium equipment distributor based in Oakwood Village, near Cleveland, OH. The acquisition expands Alta’s construction...
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September 03, 2021, 07:15 AM
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U.S. Bank has entered into an agreement to acquire Bento Technologies, known as Bento for Business, a fintech company based in Chicago and San Francisco that provides payment and expense management services to small and mid-size businesses. The...
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August 13, 2021, 07:16 AM
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ECN Capital Corp. announced it has entered into a definitive agreement with Truist Bank, the wholly owned bank subsidiary of Truist Financial Corporation, to sell all of the issued and outstanding equity interests in each of Service Finance Company...
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August 11, 2021, 07:11 AM
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First Financial Corporation, the bank holding company of First Financial Bank N.A., and Hancock Bancorp, Inc., the bank holding company of Hancock Bank & Trust Company jointly announced the signing of a definitive merger agreement. First Financial...
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August 11, 2021, 07:05 AM
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BancorpSouth Bank shareholders voted to approve its merger with Cadence Bancorporation, the parent company of Cadence Bank, N.A, during a special meeting of its shareholders. This is a critical step toward completing the previously announced merger...
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August 10, 2021, 07:15 AM
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Ritchie Bros and Europe’s leading plant and machinery auction house, Euro Auctions, have jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire Euro Auctions group for an enterprise value of approximately $1...
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August 09, 2021, 07:22 AM
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Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, announced the completion of its acquisition of Legacy Bank of Florida, pursuant to the merger of Legacy Bank with and into Seacoast Bank.Legacy Bank...
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August 09, 2021, 07:03 AM
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Independent Bank Corp., parent of Rockland Trust Company, and Meridian Bancorp, Inc., parent of East Boston Savings Bank, jointly announced that, at their respective special meetings of shareholders, they each received the necessary shareholder...
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August 06, 2021, 07:00 AM
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Connecticut Attorney General William Tong wrote to leadership of M&T Bank and People’s United Bank seeking detailed information regarding efforts to mitigate job losses and adverse economic impacts to Connecticut workers and communities. Last month...
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August 03, 2021, 07:12 AM
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Marlin Business Services Corp. reported second-quarter net income of $10.3 million compared with net income of $6.9 million in the prior quarter, and a net loss of $5.9 million a year ago.Jeffrey A. Hilzinger, Marlin’s President and CEO, said, “Our...
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July 30, 2021, 07:19 AM
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CVB Financial Corp., the holding company for Citizens Business Bank, and Suncrest Bank announced they have entered into an agreement and plan of reorganization and merger, pursuant to which Suncrest will merge with and into Citizens in a stock and...
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July 28, 2021, 07:22 AM
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TriCo Bancshares, the parent company for Tri Counties Bank, and Valley Republic Bancorp, the parent company for Valley Republic Bank, announced they have entered into a definitive agreement under which Valley will merge with and into TriCo in a stock...
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July 28, 2021, 07:10 AM
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M&T Bank Corporation and People's United Financial, Inc. issued an update on their pending merger to create a diversified, community-focused banking franchise. Last week, M&T issued Worker Adjustment and Retraining Notification (WARN) in two states...
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July 27, 2021, 07:21 AM
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WSFS Financial Corporation, the parent company of WSFS Bank, announced it received approval from the Office of the Comptroller of the Currency (OCC) to merge with Bryn Mawr Bank Corporation. Subject to the remaining regulatory approvals and the...
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July 27, 2021, 07:16 AM
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A Worker Adjustment and Retraining Notification Act (WARN Act) notice filed by M&T Bank Corporation, based in Buffalo, NY, with State of Connecticut Labor Department on July 22 shows M&T Bank plans to lay off 747 People’s United Bank employees...
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July 26, 2021, 07:20 AM
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SouthState Corporation and Atlantic Capital Bancshares, Inc. jointly announced the signing of a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of...
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July 26, 2021, 07:17 AM
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Peoples Bancorp Inc., parent company of Peoples Bank, announced it has received all necessary regulatory approvals for the merger between Peoples and Premier Financial Bancorp, Inc., with Peoples as the surviving corporation, and for the mergers...
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July 26, 2021, 07:13 AM
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H&E Equipment Services, Inc. announced it has entered into a definitive agreement to sell its crane business to a wholly owned subsidiary of The Manitowoc Company, Inc., a global manufacturer of cranes and lifting solutions, for $130 million in cash...
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July 21, 2021, 07:17 AM
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Rabobank and TELUS Agriculture have acquired Conservis, a company that integrates disparate farm technologies into one streamlined interface to manage the business of farming. Together, Rabobank and TELUS Agriculture bring the expertise, experience...
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July 20, 2021, 07:00 AM
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First Citizens BancShares Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced the proposal to merge the two companies has received regulatory approval from the...
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July 15, 2021, 07:20 AM
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United Community Banks, Inc. and Reliant Bancorp, Inc. announced the execution of a definitive merger agreement pursuant to which United will acquire Reliant, and its wholly owned subsidiary, Reliant Bank, in an all-stock transaction with an...
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July 15, 2021, 07:15 AM
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FORT Capital Resources, an independent commercial finance company in Raleigh, NC, has acquired Malartu, Inc., a data analytics and software firm along with its technology portfolio to further enhance the impact of FORTs Integrated Vendor Finance...
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July 14, 2021, 07:21 AM
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F.N.B. Corporation and Howard Bancorp, Inc. announced the signing of a definitive merger agreement for FNB to acquire Howard, including its wholly owned banking subsidiary, Howard Bank, in an all-stock transaction valued at $21.96 per share, or a...
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July 14, 2021, 07:12 AM
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The Boards of Directors of Lakeland Bancorp, the parent company of Lakeland Bank, and 1st Constitution Bancorp, the parent company of 1st Constitution Bank, have entered into a definitive Agreement and Plan of Merger, under which Lakeland will...
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July 13, 2021, 07:15 AM
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President Joe Biden's planned executive order to promote greater U.S. competition will target bank mergers by pushing the Federal Reserve and the Department of Justice to update merger guidelines and increase scrutiny of deals, Reuters reported...
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July 09, 2021, 07:25 AM
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Hilco Global announced that it has entered into a definitive agreement to acquire the New York based firm - Getzler Henrich & Associates LLC. Getzler Henrich is a 53-year-old nationally recognized turnaround and restructuring advisory firm that...
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July 07, 2021, 07:16 AM
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Valley National Bancorp and The Westchester Bank Holding Corporation announced they have entered into a definitive merger agreement whereby Valley will acquire Westchester, parent company of The Westchester Bank. The acquisition of this...
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July 01, 2021, 07:18 AM
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Jet Support Services, Inc. (JSSI), an independent provider of maintenance support and financial services to the business aviation industry, announced the acquisition of SierraTrax, a leader in aircraft maintenance tracking. SierraTrax provides...
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June 30, 2021, 07:17 AM
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PNC Bank, N.A. announced regional leadership appointments across the state of Texas, where PNC now ranks fourth in deposit market share with its acquisition of BBVA USA. Completion of the acquisition was announced June 1, with PNC emerging as the...
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June 29, 2021, 07:21 AM
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Columbia Banking System, Inc., the holding company for Columbia State Bank, and Bank of Commerce Holdings, the holding company for Merchants Bank of Commerce, announced the signing of a definitive agreement to merge Bank of Commerce into Columbia in...
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June 24, 2021, 07:12 AM
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Stearns Bank N.A., a financial institution in Minnesota, has acquired South End Capital Corporation and its digital lending platform to expand financing options and banking services for businesses. Noah Grayson, founder and President, South End...
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June 14, 2021, 07:25 AM
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KKR announced the launch of AV AirFinance Limited, a global commercial aviation loan servicer established by a team of experienced industry professionals together with KKR. The new secured loan servicing platform combines stable, long-term capital...
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June 14, 2021, 07:21 AM
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CIT Group Inc. announced it is selling its aviation loan portfolio to KKR. This is related to a previously announced definitive agreement for a portfolio that has a committed loan balance of nearly $800 million across more than 50 loans for...
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June 11, 2021, 07:25 AM
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WSFS Financial Corporation and Bryn Mawr Bank Corporation jointly announced their respective stockholders approved the previously announced merger of BMTC into WSFS at a special meeting of stockholders for each company.“Stockholder approval from both...
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June 11, 2021, 07:19 AM
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Huntington Bancshares Incorporated announced it has closed its merger with TCF Financial Corporation, creating a Top 25 U.S. bank holding company.The combination positions Huntington for enhanced profitability and scale, revenue growth opportunities...
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June 10, 2021, 07:21 AM
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