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News Stories (143 Results) - Mergers & Acquisitions

Laurentian Bank of Canada announced that it has reached a definitive agreement under which a subsidiary of the Bank has agreed to acquire Northpoint Commercial Finance, which is among the leading U.S. and Canadian inventory finance lenders with a... Read Story
May 19, 2017, 07:19 AM


Crestmark announced the acquisition of Allstate Capital. They will be a part of Crestmark’s leasing division, Crestmark Equipment Finance, Inc., a wholly owned subsidiary of Crestmark Bank; and will report to Crestmark First Vice President Scot Lund... Read Story
May 15, 2017, 07:10 AM


ECN Capital announced today it has completed the previously announced sale of the company’s U.S. Commercial and Vendor (C&V) Finance business to PNC Financial Services Group (PNC) on the previously agreed terms. With the sale, ECN Capital is now a... Read Story
April 04, 2017, 07:15 AM


ECN Capital Corp. announced that it has entered into an agreement with PNC Financial Services Group (PNC) to sell the Company’s US Commercial and Vendor (C&V) Finance business for cash proceeds of approximately US$ 1.253 billion. PNC will purchase... Read Story
February 22, 2017, 07:40 AM


Providence Capital Funding, a capital funding group specializing in equipment leasing for businesses, has acquired All Media Capital founded in Brea, California. All Media Capital has been providing equipment financing solutions focusing on media... Read Story
February 21, 2017, 07:10 AM


Marlin Business Services Corp. announced that it has acquired Horizon Keystone Financial, a long established originator of equipment finance credit products focused in the office furniture, heating/ventilation/air conditioning/refrigeration (HVAC/R)... Read Story
January 04, 2017, 07:30 AM


NewStar Financial announced today the sale of its equipment finance business and related assets to Boston-based Radius Bank ("Radius"), a federal savings association, for approximately $140 million in cash.    NewStar Equipment Finance is an... Read Story
December 02, 2016, 07:15 AM


DLL, a Rabobank subsidiary and global provider of asset-based financial solutions, confirmed the sale of its mobility solutions entity Athlon Car Lease International B.V. including all its subsidiaries to Daimler Financial Services, a division of... Read Story
December 02, 2016, 06:40 AM


CV Holdings, Inc. (the "Company") announced that, as part of its strategic plan to grow into other finance-related businesses, it recently: (i) closed the acquisition of Centra Leasing, Inc. through a newly-formed subsidiary Centra Funding LLC, as... Read Story
November 29, 2016, 07:18 AM


LeaseQ, an online marketplace connecting business owners, equipment sellers, and lenders to make selling and financing equipment fast and easy, announced the acquisition of Noesis, the leader in commercial building equipment financing, based in... Read Story
November 18, 2016, 07:05 AM


Hanmi Financial Corporation, the holding company for Hanmi Bank (the “Bank”), announced the Bank has acquired the Commercial Specialty Finance (“CSF”) unit of Irvine, California-based Banc of California.  Operating as a division of Banc of California... Read Story
October 28, 2016, 07:27 AM


Warburg Pincus, a global private equity firm focused on growth investing, announced that funds affiliated with the firm have agreed to acquire Ascentium Capital, the third largest private-independent equipment finance company in the U.S. by... Read Story
October 05, 2016, 07:20 AM


Engs Commercial Finance Co., one of the nation’s oldest and largest independent commercial finance companies, and Connext Financial, Ltd., a leading lender in Industrial Equipment finance, jointly announced today that they have entered into... Read Story
October 04, 2016, 07:20 AM


CIT Group announced that it has completed the sale of its Canadian equipment finance and corporate finance businesses (CIT Canada), with assets of approximately US $700 million, to Laurentian Bank of Canada. As part of the sale, CIT will transfer... Read Story
October 04, 2016, 07:10 AM


INFOR Acquisition Corp. announced that in accordance with applicable rules, it has received a receipt for a final non-offering prospectus in connection with the completion of its proposed Qualifying Acquisition with ECN Capital Corp. ("ECN... Read Story
September 27, 2016, 07:19 AM


GE announced that it has completed the sale of GE Capital’s U.S. restaurant financing assets, through a series of separate transactions with regional buyers first announced in June 2016. These combined transactions represent an ending net investment... Read Story
September 20, 2016, 07:00 AM


MB Financial, Inc., the parent company of MB Financial Bank, N.A., announced it has completed its merger with American Chartered Bancorp, Inc. (“American Chartered”), and its wholly owned bank subsidiary,  American Chartered Bank has been merged into... Read Story
August 26, 2016, 07:00 AM


TIAA announced an agreement to acquire EverBank, a nationwide consumer and commercial bank with $27.4 billion in total assets. This acquisition significantly expands TIAA’s banking and lending products and complements the company’s full suite of... Read Story
August 09, 2016, 07:15 AM


KeyCorp announced it has closed its acquisition of First Niagara Financial Group, Inc.  Systems and client conversion is expected during the fourth quarter of 2016, subject to pending regulatory approval by the Office of the Comptroller of the... Read Story
August 01, 2016, 07:19 AM


Komatsu Ltd. announced that it has signed a definitive agreement with Joy Global Inc., a leading manufacturer of surface and underground mining equipment, under which Komatsu America Corp., a wholly-owned subsidiary of Komatsu in the USA, will... Read Story
July 21, 2016, 07:19 AM


CIT Group announced that it has reached a definitive agreement to sell its Canadian equipment finance and corporate finance businesses (“CIT Canada”), with more than US $700 million in assets, to Laurentian Bank of Canada. In addition, approximately... Read Story
June 30, 2016, 07:19 AM


Hitachi Capital America Corp. (HCA) signed a definitive agreement to purchase Creekridge Capital, a healthcare and IT-focused vendor finance company based in Edina, Minnesota. Creekridge hasbeen a trusted business partner of HCA since 2009. The... Read Story
May 13, 2016, 08:00 AM


GE has completed the previously announced sale of GE Capital’s Franchise Finance U.S. hotel business to Western Alliance Bank, a wholly owned subsidiary of Western Alliance Bancorporation (NYSE: WAL). The sale includes approximately $1.3 billion in... Read Story
April 25, 2016, 07:18 AM


Providence Bank & Trust closed on an asset purchase agreement in which the bank acquired substantially all of the assets and assumed the operations of Cobra Capital LLC, a national independent equipment finance company. Cobra Capital, now a division... Read Story
April 21, 2016, 07:19 AM


BofI Holding, Inc., parent company of BofI Federal Bank (the “Bank”), announced that the Bank has closed an asset purchase agreement in which the Bank acquired certain assets and assumed certain operations of Pacific Western Equipment Finance (“EQF”)... Read Story
April 04, 2016, 07:13 AM


GE and State Street Corporation announced an agreement for State Street to acquire GE Asset Management (GEAM), GE’s investment management arm, for up to $485 million, subject to adjustments. This announcement follows GE’s previous announcement in... Read Story
March 31, 2016, 07:25 AM


M&A advisory firm Capstone Strategic surveyed middle market executives from multiple industries on their growth and M&A experience in 2015 and their outlook for 2016. The survey was conducted in December 2015, and followed a previous survey in... Read Story
March 14, 2016, 07:00 AM


Wells Fargo & Company announced that it has completed the purchase of the North American portions of GE Capital’s Commercial Distribution Finance and Vendor Finance businesses as well as a portion of its Corporate Finance business, totaling $27.4... Read Story
March 02, 2016, 08:01 AM


Sopra Steria, a European leader in digital transformation, announced plans for a tie-up with Cassiopae, a leading developer of specialised finance and real estate management software.Sopra Steria plans to acquire, through its subsidiary Sopra Banking... Read Story
February 29, 2016, 06:54 AM


Union Leasing announced the acquisition of Walser Leasing (Walser Financial Services), a leasing and fleet management solutions company servicing commercial fleets nationwide. The move expands Union Leasing's total service offering while delivering... Read Story
January 20, 2016, 07:17 AM


Navitas Lease Corp. announced the purchase of Liberty Financial Group, Inc. This acquisition will assist Navitas in accelerating their entry into the vocational vehicle and related equipment marketplace.This newly created division of Navitas will... Read Story
January 20, 2016, 07:00 AM


Maxium Financial Services Inc. ("Maxium") and Desante Financial Services Inc. ("Desante"), collectively referred to as the "Maxium Group", have entered into an agreement to sell substantially all of its future business to Canadian Western Bank and... Read Story
December 22, 2015, 07:05 AM


GE (NYSE:GE) has signed an agreement to sell its commercial lending and leasing business in Japan, including Capital Finance, Fleet Service and Vendor Finance, to Sumitomo Mitsui Finance and Leasing (SMFL), a member of Sumitomo Mitsui Financial Group... Read Story
December 15, 2015, 07:10 AM


Surplus capital and low interest rates are providing the currency to boost middle market M&A activity, according to the Inside the Middle Market research report released by Brown Gibbons Lang & Company (BGL).  The credit markets are open, and... Read Story
December 11, 2015, 08:00 AM


GE has signed an agreement to sell its equipment lending and leasing business in Mexico to Linzor Capital Partners, a leading pan-regional private equity firm that focuses on Latin American middle market investments. The transaction includes... Read Story
December 07, 2015, 07:10 AM


GE announced that it has signed a memorandum of understanding (MOU) for the potential sale of its Equipment Finance and Receivable Finance businesses in France and Germany to Banque Fédérative du Crédit Mutuel (BFCM), representing ending net... Read Story
December 03, 2015, 07:10 AM


MB Financial, Inc. and American Chartered Bancorp, Inc.  announced the signing of a definitive merger agreement whereby MB Financial will acquire American Chartered and its wholly owned bank subsidiary, American Chartered Bank, in a stock and cash... Read Story
November 23, 2015, 07:14 AM


KLC Financial has acquired the portfolio and others assets of Kraus-Anderson Capital, Inc. (KAC).  The acquisition provides KLC with a large customer base of established businesses and with a greater expertise in the leasing and financing of... Read Story
November 09, 2015, 07:05 AM


The Alta Group served as a financial advisor to Patriot Capital Corporation in the  acquisition of its equipment finance origination platform by State Bank and Trust Company announced today, said Bruce Kropschot, senior managing director and mergers... Read Story
October 23, 2015, 07:00 AM


State Bank and Trust Company, a wholly-owned subsidiary of State Bank Financial Corporation announced today that it has purchased the equipment finance origination platform of Patriot Capital Corporation, a leading provider of equipment financing to... Read Story
October 22, 2015, 07:07 AM


Wells Fargo & Company announced that it has signed an agreement to purchase GE Capital’s Vendor Finance and Commercial Distribution Finance platforms as well as a portion of its Corporate Finance business. The acquisition includes total assets of... Read Story
October 14, 2015, 07:10 AM


Headhaul Capital Partners LLC and Argosy Investment Partners V announced  the acquisition of Great Western Leasing and Sales, LLC ("GWLS") in partnership with the existing management team.  Great Western Leasing is a leading full-service, integrated... Read Story
October 14, 2015, 06:56 AM


GE has reached an agreement to sell GE Capital’s global Commercial Distribution Finance, North American Vendor Finance and Corporate Finance platforms to Wells Fargo. The sale includes ending net investment (ENI) of approximately $30 billion (about... Read Story
October 13, 2015, 11:05 AM


GE announced that it has reached an agreement to sell its fixed-wing Corporate Aircraft financing portfolio in the Americas to Global Jet Capital, a provider of financing solutions for the private aircraft market. “We are excited to sell our... Read Story
October 06, 2015, 07:15 AM


Wells Fargo & Company (NYSE: WFC) announced that its railcar finance, leasing and fleet management business, First Union Rail, has signed an agreement to purchase GE Railcar Services from GE Capital. The transaction, which will add to the existing... Read Story
October 01, 2015, 07:21 AM


MidCap FinCo Limited (together with its subsidiaries "MidCap Financial"), in partnership with other Apollo managed funds and affiliates, announced that it has signed an agreement with Mubadala GE Capital (“MGEC”) to acquire substantially all of... Read Story
October 01, 2015, 07:04 AM


Element Financial announced that it has closed the acquisition of General Electric Capital Corporation’s (“GE Capital”) fleet management operations in Mexico and their fleet management operations in Australia and New Zealand doing business as Custom... Read Story
October 01, 2015, 06:38 AM


TAB Bank announced it has signed a definitive agreement to acquire a $54 million trucking equipment loan portfolio from Crossroads Equipment Lease & Finance, LLC.  The portfolio acquired by TAB Bank will continue to be serviced by Crossroads... Read Story
September 03, 2015, 07:05 AM


Element Financial Corporation announced that it has closed the U.S.-based portion of the previously announced acquisition of the remaining North American fleet management operations of General Electric Capital Corporation and expects to close the... Read Story
September 01, 2015, 07:07 AM


GE announced that it has reached an agreement to sell $8.5 billion of healthcare-related loans and its Healthcare Financial Services (HFS) U.S. lending business to Capital One for approximately $9 billion. Separately, GE has signed an agreement with... Read Story
August 12, 2015, 07:15 AM


Advantage Funding, a leading provider of U.S. ground transportation financing and leasing solutions, announced today that the planned acquisition by Macquarie Group Limited officially closed July 31, 2015. Advantage Funding serves commercial and... Read Story
August 04, 2015, 07:10 AM


CIT Group announced that it has completed its previously announced acquisition of IMB Holdco LLC, the parent company of OneWest Bank N.A. (OneWest Bank) for approximately $3.4 billion in cash and stock. The transaction, first announced on July 22... Read Story
August 04, 2015, 07:05 AM


Wood Creek Capital Management, LLC (“Wood Creek”) announced it has completed the merger of Milestone Equipment Holdings (“Milestone”), US Trailer Holdings I and II (collectively, “USTH”) and Quest Capital Group (“Quest”). The merger adds... Read Story
July 13, 2015, 06:31 AM


GE announced today that it has reached an agreement to sell its U.S., Mexico, Australia and New Zealand fleet businesses to Element Financial Corporation for US$6.9 billion. Separately, GE has signed a memorandum of understanding for the potential... Read Story
June 29, 2015, 07:10 AM


Fifth Street Finance Corp. announced that its portfolio company, HFG Holdings, LLC ("Healthcare Finance Group" or "HFG"), a specialty lender providing asset-backed lending and term loan products to various segments of the healthcare industry, has... Read Story
June 23, 2015, 07:11 AM


Berkshire Hills Bancorp today the signing of a definitive agreement for the acquisition of privately held Firestone Financial Corp. as an operating subsidiary of Berkshire Bank.  Based in Needham, Massachusetts, Firestone is a longstanding commercial... Read Story
May 22, 2015, 07:14 AM


Macquarie Group Limited announced that it has entered into an agreement to acquire Advantage Funding Management Co., Inc (Advantage Funding) from Marubeni America Corporation. Under the agreement, Advantage Funding will become a fully owned... Read Story
May 15, 2015, 07:05 AM


CBank and Commercial Industrial Finance (CI Finance), of St. Louis, MO., announced their plans to enter into an agreement for CBank to acquire CI Finance, an equipment leasing and finance business with more than 30 years’ experience providing... Read Story
April 07, 2015, 07:10 AM


BlueLine Rental, a full-service equipment rental company, announced it has acquired Area Equipment LLC, a rental company in Cheasapeake, VA that serves customers in the industrial and non-residential construction markets. Terms of the transaction... Read Story
April 06, 2015, 08:02 AM


IronPlanet, a leading online marketplace for buying and selling used heavy equipment and trucks (backed by Accel Partners, Kleiner Perkins Caufield & Byers, Caterpillar, Komatsu and Volvo) and Cat Auction Services (an alliance of Caterpillar and... Read Story
April 03, 2015, 07:23 AM


Gordon Brothers Group and AccuVal-LiquiTec announced today that Gordon Brothers Group’s Valuation & Advisory Services Division and AccuVal-LiquiTec have entered into a merger to form Gordon Brothers-AccuVal. The newly formed group will operate as a... Read Story
April 02, 2015, 07:03 AM


Huntington Bancshares completed its acquisition of Michigan-based Macquarie Equipment Finance, Inc. from its parent company, Sydney, Australia-based Macquarie Group Ltd. The acquisition is expected to be accretive to Huntington’s earnings in 2015.... Read Story
April 01, 2015, 07:17 AM


Penske Truck Leasing Co., L.P. ("PTL") today announced that Tokyo-based Mitsui & Co., Ltd. ("Mitsui") has acquired a 20.0% limited partnership interest in PTL from General Electric Capital Corporation ("GECC"). Following Mitsui's investment, GECC... Read Story
March 19, 2015, 07:14 AM


Reuters reported that a consortium of private equity firm KKR & Co LP, alternative investment manager Varde Partners and Deutsche Bank has agreed to buy GE Capital's Australian and New Zealand consumer lending arm for A$8.2 billion ($6.26... Read Story
March 16, 2015, 07:09 AM


Wood Creek Capital Management, LLC announced it has completed the acquisition of the majority ownership of Milestone Equipment Holdings from Blackstone Tactical Opportunities.Milestone is a premier full-service transportation equipment lessor... Read Story
March 04, 2015, 07:00 AM


PacWest Bancorp and Square 1 Financial, Inc. today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby PacWest will acquire Square 1 in a transaction valued at approximately $849 million. The Square 1 lending... Read Story
March 02, 2015, 07:15 AM


Chesswood Group announced that it has entered into an agreement to acquire Blue Chip Leasing Corporation ("Blue Chip") and EcoHome Financial Inc. ("EcoHome").Blue Chip is a tenured, prime, small ticket equipment finance company serving brokers and... Read Story
February 26, 2015, 07:15 AM


Huntington Bancshares announced the signing of a definitive agreement for Huntington National Bank to purchase Bloomfield Hills, Michigan-based Macquarie Equipment Finance, Inc. (MEF-US). With approximately $500 million of annual originations, MEF-US... Read Story
February 24, 2015, 07:12 AM


According to a press release from the California Reinvestment Coalition, California community advocates, along with the Daily Kos, delivered over 15,000 petitions to the Federal Reserve, setting a new record for the number of individuals opposing a... Read Story
February 04, 2015, 07:18 AM


Midland States Bancorp, Inc., parent of Midland States Bank, announced that it has completed its acquisition of Heartland Bank. Midland also announced that Heartland Bank will be merged into Midland States Bank in the first quarter of 2015.Prior to... Read Story
January 05, 2015, 07:07 AM


TVA Group, a subsidiary of Quebecor Media, announced that it has closed the acquisition of the assets of Vision Globale after obtaining Competition Bureau consent for the transaction.Vision Globale has distinguished itself in the film and television... Read Story
December 31, 2014, 07:04 AM


MicroFinancial Incorporated ("MicroFinancial" or the "Company") has entered into a definitive agreement with MF Parent LP ("Parent") and MF Merger Sub Corp. ("Purchaser"), each an affiliate of funds managed by affiliates of Fortress Investment Group... Read Story
December 16, 2014, 08:00 AM


UMB Financial Corporation, a $16.3 billion diversified financial holding company as of September 30, 2014, headquartered in Kansas City, Mo., and the Pohlad family of Minneapolis, Minn., announced the execution of a definitive agreement for UMB to... Read Story
December 16, 2014, 07:15 AM


The Alta Group, a global consultancy specializing in the equipment leasing and financing industry, announced that its client, Baytree National Bank & Trust Co. of Lake Forest, Illinois, had sold its equipment leasing and financing assets and business... Read Story
November 26, 2014, 07:10 AM


BB&T Corporation and Susquehanna Bancshares, Inc. announced today the signing of a definitive agreement under which BB&T will acquire Susquehanna in a cash and stock transaction for total consideration valued at approximately $2.5 billion. This... Read Story
November 12, 2014, 07:10 AM


The Alta Group announced that its client, National Machine Tool Financial Corporation of Elk Grove Village, Illinois, has been acquired by First Midwest Bank, the principal operating subsidiary of First Midwest Bancorp, Inc., of Itasca, Illinois. ... Read Story
October 22, 2014, 07:14 AM


Diversified Lenders, Inc. (DLI) announced that it has acquired American Business Finance, LLC (ABF) out of Edmond, Oklahoma.  Founded in 2003 by Dave Pendley, ABF is a privately owned accounts receivable financing source specializing in providing... Read Story
October 06, 2014, 07:00 AM


Crestmark announced that they have acquired TIP Capital’s equipment leasing and asset management business. The wholly owned subsidiary of Crestmark Bank is named Crestmark Equipment Finance, Inc., a Crestmark Bank Company; however during a transition... Read Story
October 02, 2014, 07:00 AM


Crestmark and TIP Capital announced that they have entered into an agreement for Crestmark to acquire TIP Capital’s equipment leasing and asset management business. The acquisition is scheduled to be completed in late September 2014, pending final... Read Story
September 04, 2014, 07:07 AM


CIT Bank, the U.S. commercial bank subsidiary of CIT Group Inc. announced that it has completed its acquisition of Portsmouth, New Hampshire-based Direct Capital Corporation, a provider of financing to small and mid-sized businesses. “We are very... Read Story
August 05, 2014, 07:00 AM


CIT Group today announced that it has entered into a definitive agreement and plan of merger with IMB Holdco LLC, the parent company of OneWest Bank N.A. (“OneWest Bank”), for $3.4 billion in cash and stock. OneWest Bank is a privately owned regional... Read Story
July 22, 2014, 07:15 AM


National Leasing Group Inc. (National Leasing)announced its acquisition of Norand Capital Ltd., operating as UMA Finance, a privately held commercial leasing company headquartered in Fredericton, New Brunswick. The acquisition, effective July 1, 2014... Read Story
July 03, 2014, 07:00 AM


ATEL Ventures Inc. (“ATEL”) announced that Silverpop, an ATEL Growth Capital portfolio company, was recently acquired by IBM. Silverpop was provided an equipment financing credit line by ATEL, in which the terms of the loan agreement stipulated that... Read Story
July 03, 2014, 06:52 AM


OneWorld Business Finance announced the recent acquisition of US Energy Capital. Jim Borland, President and founder of US Energy, will continue to be an integral part of daily operations for the near future. “We look forward to working with Jim and... Read Story
June 26, 2014, 06:54 AM


CIT Bank, the U.S. commercial bank subsidiary of CIT Group Inc. entered into an agreement to acquire Portsmouth, New Hampshire-based Direct Capital Corporation, a provider of financing to small and mid-sized businesses. The transaction will expand... Read Story
June 25, 2014, 07:00 AM


Premier Trailer Leasing, a leading provider of trailer rental and leasing assets to the shipping and trucking industry, announced it has acquired certain assets of Trailer Fleet International, a leading provider of trailer rental and leasing services... Read Story
June 05, 2014, 07:00 AM


Element Financial Corporation announced that it has entered into a definitive agreement to acquire the assets and operations of PHH Arval, PHH Corporation’s North American fleet management services business (the “Transaction”). Under the terms of the... Read Story
June 03, 2014, 07:00 AM


AerCap Holdings N.V. ("AerCap") has completed its previously announced acquisition of International Lease Finance Corporation ("ILFC") from American International Group, Inc. ("AIG") (NYSE: AIG). Under the terms of the agreement, AerCap paid AIG $3.0... Read Story
May 15, 2014, 06:40 AM


Hitachi Capital Canada Corp. (Hitachi) a 100% owned subsidiary of Hitachi Capital America Corp., announced that it has closed its previously announced share purchase agreement to acquire 100% of the shares of CLE Canadian Leasing Enterprise Ltd.... Read Story
May 12, 2014, 06:50 AM


Coast Capital Equipment Finance Ltd. (CCEF), a subsidiary of Coast Capital Savings, and Travelers Financial Corporation (TFC) announced that the assets of the prime equipment and vehicle finance business of TFC are now part of the Coast Capital Group... Read Story
May 07, 2014, 06:49 AM


According to a Bloomberg article, CIT Group agreed to sell its student lending business to Nelnet Inc. for about $1.1 billion. Most of the proceeds will be used to repay debt secured by student loans, leading to a net gain in the second quarter, CIT... Read Story
April 17, 2014, 07:31 AM


Coast Capital Equipment Finance Ltd. (CCEF), a subsidiary of Coast Capital Savings, and Travelers Financial Corporation (TFC) announced that the assets of the prime equipment and vehicle finance business of TFC will become part of the Coast Capital... Read Story
April 17, 2014, 07:21 AM


Collateral Specialists Inc. (CSI) and SiteCheck Solutions today announced an agreement for CSI to purchase the assets of SiteCheck Solutions, including LeaseInspection.com.  The joint company will retain the Collateral Specialists name. ... Read Story
April 15, 2014, 07:19 AM


Quiktrak, a global leader in asset verification and inventory audit solutions, announced it has been acquired by Paris-based Bureau Veritas, a world leader in testing, inspection and certification services. This acquisition allows Quiktrak to expand... Read Story
April 10, 2014, 07:00 AM


PacWest Bancorp ("PacWest") announced that on April 7, 2014, it completed its previously announced merger with CapitalSource Inc. ("CapitalSource"). CapitalSource Bank, a wholly-owned subsidiary of CapitalSource, merged with and into PacWest's... Read Story
April 09, 2014, 06:15 AM


Continental Bank, Salt Lake City, Utah and Summit Leasing, LLC, Yakima, Washington have entered into a definitive agreement whereby Continental will acquire all of the issued and outstanding stock of Summit. Following the acquisition, Summit will... Read Story
April 04, 2014, 06:56 AM


Hitachi Capital Canada Corp. (Hitachi) a 100% owned subsidiary of Hitachi Capital America Corp., announced that it has signed a share purchase agreement to acquire 100% of the shares of CLE Canadian Leasing Enterprise Ltd., (CLE). CLE has been a... Read Story
April 01, 2014, 07:05 AM


The demand for lending in the middle market is robust, according to Jeff Kilrea, Co-Head and Managing Director of CIT Sponsor Finance at CIT Group, Inc. These views and others are presented in the “2014 Middle Market Private Equity Outlook”, the... Read Story
March 04, 2014, 06:50 AM


Chesswood Group Limited ("Chesswood") announced that it has completed the purchase of all of the outstanding shares of Northstar Leasing Corporation ("Northstar"), a long-standing non-prime commercial equipment finance company, located in Barrie... Read Story
February 04, 2014, 07:01 AM


Element Financial Corporation announced that it has closed its previously announced acquisitions comprised of approximately US$348 million worth of helicopter and railcar finance assets from GE Capital and Trinity Industries, Inc.... Read Story
December 20, 2013, 06:15 AM


AerCap Holdings N.V. today announced that it has entered into a definitive agreement with American International Group, Inc. under which AerCap will acquire 100% of the common stock of International Lease Finance Corporation ("ILFC"), a wholly-owned... Read Story
December 16, 2013, 07:13 AM


Union Leasing announced the recent acquisition of the Warminister, PA-based, privately-held company, Express 4 x 4 Truck. Express provides outsourced management and transportation solutions to companies requiring reliable, full-size power vehicles to... Read Story
December 09, 2013, 06:50 AM


Willis Lease Finance Corporation announced the launch of Willis Aeronautical Services, Inc. ("WASI"), a new wholly-owned subsidiary which will provide 'end-of-life' solutions for aviation materials and services related to aircraft engines. In... Read Story
November 08, 2013, 06:50 AM


HNA Group Company Limited (HNA) of China, a leading diversified industrial and services company, and Bravia Capital (Bravia) of Hong Kong, announced the completion of HNA’s acquisition of TIP Trailer Services Group (TIP) a wholly owned subsidiary of... Read Story
October 24, 2013, 07:01 AM


Umpqua Holdings Corporation (UMPQ) and Sterling Financial Corporation (STSA) announced that they have entered into a definitive agreement pursuant to which Sterling will merge with and into Umpqua. The transaction will have a total value of... Read Story
September 13, 2013, 07:00 AM


Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced the acquisition of Appraisal Systems, Inc., (ASI) a widely recognized appraisal... Read Story
September 11, 2013, 07:01 AM


Tamarack Consulting has completed the acquisition of software service provider E2E Systems. The acquisition enables Tamarack to expand its services and products into the equipment finance and commercial lending origination space.  This uniquely... Read Story
September 09, 2013, 07:00 AM


Davis + Henderson Corporation (“D+H” or the “Corporation”) announced it has successfully completed the US$1.2 billion acquisition (the “Acquisition”) of Harland Financial Solutions (“HFS”), a leading U.S.-based provider of strategic technology... Read Story
August 19, 2013, 06:48 AM


PacWest Bancorp ("PacWest") and CapitalSource Inc.  ("CapitalSource") announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby PacWest and CapitalSource will merge in a transaction valued at approximately $2.3... Read Story
July 23, 2013, 07:05 AM


Commercial aircraft lessor Aircastle has completed the sale of approximately 12.3 million common shares to Japanese trading and investment company Marubeni Corp.The transaction represents 15.3% of Aircastle’s issued and outstanding common shares, and... Read Story
July 16, 2013, 06:51 AM


MB Financial, Inc. and Taylor Capital Group, Inc. announced the signing of a definitive merger agreement whereby MB Financial will acquire Taylor Capital. Taylor Capital is the holding company of Cole Taylor Bank, a commercial bank headquartered in... Read Story
July 15, 2013, 07:00 AM


Element Financial Corporation (“Element”) announced that it has entered into a definitive agreement to acquire the business of Cincinnati-based Bush Truck Leasing, Inc. (“BTL”) from its founder, Michael Bush. BTL’s current  portfolio of finance... Read Story
June 26, 2013, 07:12 AM


Umpqua Holdings Corporation, parent company of Umpqua Bank and Umpqua Investments, Inc., announced  that Umpqua Holdings and Umpqua Bank have signed a definitive agreement to acquire Financial Pacific Holding Corp. (FinPac) for $158 million in cash.... Read Story
June 05, 2013, 07:05 AM


Element Financial Corporation (“Element” ) and GE Capital (“GE Capital”) announced that they have entered into a definitive asset purchase agreement (the “Agreement”) whereby Element acquires GE Capital’s Canadian fleet portfolio and the two... Read Story
June 03, 2013, 07:08 AM


Reuters reported a Chinese group's purchase of ILFC could collapse after American International Group said on Friday it did not receive a scheduled deposit payment. According to the report, under terms of the agreement, the missed payment gives AIG... Read Story
June 03, 2013, 07:01 AM


IronPlanet announced that it has acquired Asset Appraisal Services (AAS), an inspection, appraisal and online auction services company serving customers across the used capital equipment markets, with a key focus on the commercial truck sector. “We... Read Story
February 27, 2013, 07:29 AM


GE announced the sale of its remaining 49% common equity interest in its joint venture with Comcast, which includes NBCUniversal (NBCU), as well as the NBCU floors in 30 Rockefeller Center, for $18.1 billion. Under the terms of the transaction, GE... Read Story
February 13, 2013, 07:15 AM


Element Financial Corporation (“Element” or the “Company”), Canada’s leading independent equipment finance company, announced that it has completed the previously announced acquisition of 100% of the shares of Nexcap Finance Corporation (“Nexcap”)... Read Story
January 21, 2013, 07:00 AM


An equipment leasing industry merger announced today will create The Alta Group Asset Management Practice, within The Alta Group’s global operations.  Alta CEO John Deane and Carl Chrappa, CEO of Independent Equipment Company (IEC), said the new... Read Story
January 14, 2013, 07:30 AM


Houlihan Lokey, the international investment bank, announced that it has acquired Milestone Advisors, LLC, a Washington, D.C.-based independent investment banking firm which provides mergers and acquisitions, corporate finance, and asset valuation... Read Story
January 09, 2013, 07:30 AM


Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced today that it has acquired Emerald Technology Valuations, LLC (“Emerald”), the... Read Story
January 08, 2013, 07:42 AM


CIT Group announced that it has agreed to acquire a commercial loan portfolio from Flagstar Bank (FSB), a wholly-owned subsidiary of Flagstar Bancorp, Inc.Under the terms of the agreement, CIT Bank, the U.S. commercial bank subsidiary of CIT, will... Read Story
January 03, 2013, 07:59 AM


Bank of Ann Arbor announced on January 2, 2013 that it has acquired Ervin Leasing Company, a privately held national equipment leasing and finance company founded in 1978 and headquartered in Ann Arbor, Michigan. Ervin Leasing, a subsidiary of parent... Read Story
January 03, 2013, 07:55 AM


MB Financial Bank, N.A., the wholly-owned subsidiary of MB Financial, Inc. (MBFI), announced that it has acquired Celtic Leasing Corp (“Celtic”), a privately held, mid-ticket equipment leasing company.Headquartered in Irvine, California, Celtic... Read Story
January 02, 2013, 07:30 AM


Element Financial Corporation ("Element" or the "Company"), announced that it has entered into a definitive agreement to acquire Nexcap Finance Corporation ("Nexcap") for approximately $20 million plus the assumption of existing net debt (the... Read Story
December 28, 2012, 07:30 AM


American International Group, Inc. and an investor group led by Mr. Weng Xianding, the Chairman of New China Trust Co. Ltd., announced today that they have entered into an agreement under which AIG will sell up to a 90% stake in International Lease... Read Story
December 10, 2012, 07:26 AM


Element Financial Corporation ("Element" or the "Company") announced that it has completed the previously announced acquisition of 100% of the shares of Horsham, Pennsylvania-based CoActiv Capital Partners, Inc. ("CoActiv") from Marubeni America... Read Story
December 03, 2012, 07:22 AM


Element Financial Corporation ("Element" or the "Company"), Canada's leading independent equipment finance company, today announced that it has entered into a definitive agreement with Marubeni America Corporation and Marubeni Corporation... Read Story
November 09, 2012, 08:00 AM


Colford Capital (“Colford”), a holding company building a diversified and industry leading specialty finance business, announced that it has acquired substantially all the assets of Equilease Financial Services, Inc. (“Equilease”). Based in Norwalk... Read Story
November 09, 2012, 07:31 AM


CSI Leasing (CSI) has expanded its operations in Asia by acquiring two leasing companies from Key Equipment Finance (“KEF”) in Hong Kong and Australia as well as all leasing assets in Singapore, Malaysia and New Zealand. These acquisitions complement... Read Story
October 19, 2012, 07:34 AM


A fleet of approximately 27,000 over-the-road trailers previously owned by Transport International Pool, Inc. ("TIP"), a subsidiary of General Electric Capital Corporation, was acquired by Wood Creek Capital Management ("Wood Creek"), Bowman Sales... Read Story
July 20, 2012, 07:19 AM


The Alta Group, a global consultancy, provided market research and equipment finance industry insight to CI Capital Partners, a New York-based private equity firm to support CI Capital’s acquisition of Total Fleet Solutions (TFS) of Holland, Ohio.... Read Story
July 17, 2012, 06:45 AM


Falfurrias Capital Partners, a Charlotte-based private equity firm, today announced it has sold its controlling ownership interest in Commercial Credit Group Inc. to Lovell Minnick Partners, a global private equity firm focused on thefinancial... Read Story
May 11, 2012, 07:00 AM


Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, today announced that it has agreed to acquire AssetNation, Inc., a leading online marketplace and solutions provider for surplus and salvage assets. Ritchie Bros.intends to... Read Story
May 10, 2012, 07:45 AM


The Alta Group, a global financial consultancy, announced that one of the equipment finance industry’s largest merger and acquisition transactions in years was completed last week. The 100 percent cash purchase of First American Equipment Finance of... Read Story
May 07, 2012, 07:00 AM


City National Bank today announced that it has entered into a definitive agreement to acquire First American Equipment Finance, a privately owned, full-service mid-ticket equipment leasing company that owns and services approximately $325 million in... Read Story
April 24, 2012, 07:30 AM


Hertz Global Holdings, Inc. announced that Hertz Equipment Rental Corporation (HERC) has acquired Arpielle Equipment Co., Inc. a leading metropolitan New York City-based rental company, focused primarily on rentals to the construction and industrial... Read Story
March 12, 2012, 07:00 AM


Wells Fargo Bank, part of Wells Fargo & Company announced that it has entered into a definitive agreement to acquire the North American reserve- based and related diversified energy lending business of BNP Paribas. Terms of the all cash transaction... Read Story
February 22, 2012, 06:00 AM


EverBank announced today it has reached an agreement to acquire MetLife Bank's Warehouse Finance business. Financial terms of the transaction were not disclosed.The acquisition, which is expected to close in the first half of 2012, will leverage... Read Story
February 10, 2012, 07:00 AM


PacWest Bancorp announced, its subsidiary, Pacific Western Bank, completed the acquisition of Marquette Equipment Finance, or MEF, a specialty equipment leasing company located in Midvale, Utah. MEF focuses on business-essential equipment leases... Read Story
January 04, 2012, 06:30 AM


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December 01, 2011, 08:00 AM


BlueMountain Capital Management, a private investment firm specializing in the global credit markets with $7 billion in assets under management, announced that it has purchased a majority equity stake in Navitas Lease Corporation. This investment was... Read Story
November 15, 2011, 06:30 AM


TCF Financial Corporation ("TCF") today announced that its wholly-owned subsidiary, TCF National Bank, has signed a definitive agreement to acquire Gateway One Lending & Finance, LLC ("Gateway One"). Headquartered in Anaheim, California, Gateway One... Read Story
October 13, 2011, 12:01 PM