4Rivers Equipment is set to expand its service in the Colorado region, as it has entered into an agreement to acquire three Honnen Equipment locations in Commerce City, Grand Junction and Durango. With this move, 4Rivers Equipment reinforces its...
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November 28, 2023, 07:11 AM
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Apollo and Composite Advanced Technologies, LLC (CATEC), a provider of compressed natural gas (CNG), renewable natural gas (RNG) and hydrogen transportation and storage solutions in the U.S., announced that CATEC, an affiliate of Apollo-managed funds...
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November 16, 2023, 07:05 AM
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Gordon Brothers has acquired the global consumer electronics brand Telefunken.Based in Frankfurt, Germany, Telefunken has become one of the leading names in the electronics sector with a diverse portfolio of products ranging from video, e-mobility...
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August 15, 2023, 07:00 AM
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First Citizens Bank announced its Maritime Finance group, part of the CIT division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank's maritime financings for clients in Greece.The loan...
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June 21, 2023, 07:18 AM
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Commercial Finance Partners (CFP) announced it has facilitated the closing of $5,235,000 Conventional Term Loan and $4,000,000 Revolving AR Line of Credit to support the acquisition of a Metal Stamping and Plating Company located in Texas. Engaged by...
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June 01, 2023, 07:00 AM
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JPMorgan Chase announced it has acquired the substantial majority of assets and assumed the deposits and certain other liabilities of First Republic Bank from the Federal Deposit Insurance Corporation (FDIC). In carrying out this transaction...
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May 01, 2023, 07:23 AM
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The Equipment Leasing and Finance Association (ELFA), which represents the $1 trillion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2023. Real private investment by U.S. businesses in equipment and software is...
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January 12, 2023, 07:24 AM
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Ritchie Bros. announced it has acquired a controlling stake in VeriTread, a transportation technology and services company. This acquisition will accelerate Ritchie Bros.' marketplace strategy, which brings services, insights and transaction...
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January 10, 2023, 07:21 AM
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Titan Machinery Inc., a network of full-service agricultural and construction equipment stores, announced it has entered into a definitive purchase agreement to acquire the Idaho dealership assets of Pioneer Farm Equipment Co. The acquisition...
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December 21, 2022, 07:00 AM
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China International Marine Containers Group Co. Ltd. (CIMC) confirmed it has abandoned its intended acquisition of Maersk Container Industry A/S and Maersk Container Industry Qingdao Ltd. (collectively, MCI) after the Justice Department’s Antitrust...
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August 26, 2022, 07:10 AM
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ECN Capital Corp. announced it has entered into a definitive agreement with funds managed by Stone Point Capital LLC, a private equity firm focused on investing in financial services, to sell all of the issued and outstanding equity interests in ECN...
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August 25, 2022, 07:18 AM
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ABLE Equipment Rental, Inc. of NY (ABLE), a supplier of construction equipment rentals, sales, service and parts, announced it has purchased the equipment rental assets, and service operations of Elite Construction Rentals, LLC (ECR), located in...
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June 27, 2022, 07:15 AM
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Blackford Capital, a lower middle market private equity firm, announced the successful exit from its investment in Grand Equipment Company, (GEC) through a sale to Cognitive Capital Partners, LLC, a Chicago-based investment firm.Grand Equipment is a...
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June 27, 2022, 07:00 AM
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Benetrends, the International Franchise Association’s preferred vendor for ROBS business funding and a leader in franchise and small business funding for over 40 years, has acquired DCV Franchise Group. DCV is a source for the placement of SBA...
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May 12, 2022, 07:15 AM
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eCapital Corp., a finance provider for businesses across North America and the UK, announced the acquisition of CNH Finance, a Connecticut-based, specialty finance company focused on the healthcare industry.The deal, which closed May 2, 2022...
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May 03, 2022, 07:25 AM
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Penske Automotive Group, Inc., a diversified international transportation services company, announced that it has acquired TEAM Truck Centres, a retailer of medium and heavy-duty Freightliner and Western Star commercial trucks, located in Ontario...
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March 01, 2022, 07:08 AM
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TimePayment, a fintech company specializing in commercial equipment financing, announced the acquisition of Diversified Capital Credit Corporation (DCC), an equipment financing firm with concentrations in the waste/recycling, home care/healthcare...
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January 26, 2022, 07:19 AM
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CenterGate Capital, an Austin, TX-based private equity investment firm, announced the sale of its specialty environmental equipment platform The Owen Family of Companies to Wynnchurch Capital LLC.Established in 1958 and headquartered in Vancouver, WA...
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November 19, 2021, 07:08 AM
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Marlin Business Services Corp. reported third quarter 2021 net income of $5.5 million compared with net income of $10.3 million in the prior quarter, and net income of $2.7 million a year ago.Commenting on the third-quarter results, Jeffrey A....
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October 29, 2021, 07:24 AM
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The Greenbrier Companies, Inc. announced the acquisition of more than 3,600 railcars, a portion of which will be held in GBX Leasing (GBXL), a recently formed special purpose subsidiary which is approximately 95 percent owned by Greenbrier.GBXL was...
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October 13, 2021, 07:12 AM
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Herc Holdings Inc., a North American equipment rental supplier operating as Herc Rentals Inc., announced it has completed the acquisition of substantially all the assets of Texas-based CBS Rentals (CBS). CBS is a full-service general equipment rental...
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August 31, 2021, 07:20 AM
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Nations Capital, Inc. (NCI) announced it has acquired certain assets formerly owned by BJ Services, LLC (the Company) in a transaction with GACP Finance Co., LLC), Administrative Agent, managed by the investment advisors, WhiteHawk Capital Partners...
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August 05, 2021, 07:10 AM
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Zedcor Inc. announced it has completed the sale of its Rentals Segment assets to Maynbridge Capital Inc. Gross cash proceeds from the transaction were $11.3 million.This amount will be applied against Zedcor's indebtedness to Maynbridge. As a result...
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July 12, 2021, 07:10 AM
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Macquarie Infrastructure Corporation and KKR announced the signing of a definitive agreement for MIC to sell its Atlantic Aviation business to KKR for $4.475 billion in cash and assumed debt and reorganization obligations. Atlantic Aviation operates...
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June 08, 2021, 07:16 AM
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Corcentric, a provider of business spend management and revenue management software and services, announced it has completed the rebranding of source-to-pay software provider, Determine, e-billing provider Netsend and strategic sourcing services...
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January 27, 2021, 07:05 AM
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Private-equity firm Borgman Capital has acquired Aerial Work Platforms, Inc. (AWP) from former owner and President, Pat Barney. Founded in 1979, AWP is a Wisconsin-based company specializing in renting, selling and servicing aerial lift equipment...
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December 29, 2020, 07:07 AM
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Ubiquity Solar Inc., a photovoltaic (PV) technology company, and Utica Leaseco, LLC, an asset-based specialty finance company, announced the execution of a definitive agreement, whereby Ubiquity has procured from Utica rights to the intellectual...
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December 21, 2020, 07:12 AM
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Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement to acquire eOriginal, a leading provider of cloud-based digital lending software, for approximately $280 million in cash.The acquisition extends GRC Compliance Solutions’...
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December 11, 2020, 07:20 AM
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Ritchie Bros. announced it has completed its acquisition of Rouse Services, a provider of data intelligence and performance benchmarking solutions. By working together, Ritchie Bros. and Rouse will enhance the data analytics and service offerings...
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December 09, 2020, 07:15 AM
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ABLE Equipment Rental, Inc. of NY (ABLE) a supplier of construction equipment rentals, sales, service and parts, announce it has purchased the equipment assets and service operations of GAR Equipment, Inc., in South Plainfield, NJ. The transaction...
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December 07, 2020, 07:00 AM
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Penske Logistics announced it has reached an agreement to acquire Chicago-based trucking company Black Horse Carriers, Inc. Financial terms were not disclosed.“The Penske organization has had a longstanding and valued relationship with Black Horse...
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December 01, 2020, 07:05 AM
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Davey Coach Sales, a dealer and lease fleet provider of shuttle bus sales, announced the acquisition of the Nations Bus Sales California division, located in greater Los Angeles. Nations Bus continues to own and operate its dealership located in...
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November 17, 2020, 07:09 AM
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Aim NationaLease, Airoldi Brothers NationaLease and Brown NationaLease acquired the assets of McCoy NationaLease.With more than 50 years of service in the local market, McCoy has longstanding relationships in the community and a well-founded...
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June 19, 2020, 07:20 AM
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Gordon Brothers, the global advisory, restructuring, and investment firm, announced the acquisition of the real property and machinery and equipment associated with Procter & Gamble’s Kansas City, KS, facility. The acquisition was completed in...
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April 08, 2020, 07:05 AM
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BMO and Key Equipment Finance (KEF) have entered into an agreement whereby BMO will acquire KEF’s Canadian lease/loan portfolio. BMO will be integrating the KEF portfolio into BMO’s Equipment Finance business in order to provide the best client...
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December 10, 2019, 07:25 AM
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New York City-based Cerberus Capital Management, L.P., a leader in alternative investing, executed a Deed of Company Arrangement related to certain subsidiaries of Axsesstoday Limited, a provider of equipment finance solutions to small and medium...
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September 10, 2019, 07:10 AM
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North Mill Capital, a wholly owned subsidiary of Solar Senior Capital, announced the acquisition of Summit Financial Resources, a provider of factoring services across the U.S. Founded in 1994 and based in Salt Lake City, UT, Summit has built a...
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August 13, 2019, 07:20 AM
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LeaseAccelerator announced the acquisition of Guardian Global Systems, an Australian-based provider of Real Estate Administration SaaS to commercial and government organizations. Guardian Global will extend LeaseAccelerator’s portfolio of...
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July 11, 2019, 07:05 AM
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Pioneer Railcorp, a railroad holding company that owns short-line railroads and other railroad-related businesses, and BRX Transportation Holdings, LLC, an entity formed by Brookhaven Rail Partners and Related Infrastructure, announced entry into a...
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May 20, 2019, 07:20 AM
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Liberty Capital Group announced its equity purchase of ID Global Corp., the publicly owned Internet of Things innovator.As it celebrates 15 years since its launch, having recently announced the passing of a new landmark, with the company overseeing...
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May 17, 2019, 07:25 AM
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Fintech company TimePayment announced it has acquired Kingswood Leasing, Inc., a leader in providing specialized sales financing solutions for equipment sellers in the restaurant, food services, hospitality and c-store industries.The acquisition is...
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April 09, 2019, 07:30 AM
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Boston-based fintech company TimePayment announced it has acquired LeaseQ Inc. The acquisition adds immediate value to TimePayment’s strategic focus of offering vendor partners a leading platform, differentiated product offerings, faster funding and...
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April 03, 2019, 07:30 AM
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Macquarie Group Limited has announced Macquarie Rotorcraft Leasing has completed the acquisition of a helicopter portfolio from Waypoint Leasing Holdings Ltd. and its subsidiaries.The portfolio acquired from Waypoint comprises 120 medium and heavy...
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March 22, 2019, 07:19 AM
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Mechanics Bank and Rabobank, N.A., a subsidiary of Rabobank Group, announced Mechanics Bank and Rabobank Group have entered into a definitive agreement pursuant to which Mechanics Bank will acquire Rabobank, N.A. in a strategic business combination...
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March 18, 2019, 07:30 AM
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Turner Valley Oil and Gas, Inc. (TVOG) announced it has completed an agreement to acquire infrastructure-focused financial services firm, Ark Capital Holdings, LLC.Ark is expanding its business with a concentrated focus in infrastructure that...
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March 11, 2019, 07:00 AM
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Maxim Crane Works, L.P. and B&G Crane Service, LLC jointly announced the companies have entered into an agreement pursuant to which Maxim will acquire B&G Crane, an indirect wholly-owned subsidiary of NCSG. B&G Crane is one of the largest providers...
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March 04, 2019, 07:10 AM
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Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced it has entered into a definitive agreement to acquire the asset-based and equipment finance lending businesses of Woodforest National Bank in Texas.As of Dec. 31...
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January 24, 2019, 07:25 AM
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Cooper Equipment Rentals Limited, the leading full-service construction equipment rental company in Canada, announced it has acquired Star Rentals Ltd. Star Rentals is the largest independent equipment rental company in the Lower Mainland of...
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January 22, 2019, 07:24 AM
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People's United Bank, N.A., a subsidiary of People's United Financial, Inc., has acquired VAR Technology Finance, a private, independent leasing and finance company that supports equipment sales through its financing programs within the technology...
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January 18, 2019, 07:30 AM
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H&E Equipment Services, Inc. announced its entry into a definitive agreement to acquire We-Rent-It (WRI), a non-residential construction-focused equipment rental company with six branches serving the growing central Texas market. Under the terms of...
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January 14, 2019, 07:17 AM
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Laundrylux, based in New York, announced its acquisition of the assets of Golden State Laundry Systems, California.Laundrylux is the largest integrated independent distributor of professional laundry equipment in the world, with 65 years of...
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January 14, 2019, 07:00 AM
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Equitable Group Inc. completed its previously announced acquisition of Bennington Financial Services Corp., a profitable and growing privately owned company serving the brokered equipment leasing market in Canada.The acquisition, announced last month...
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January 03, 2019, 07:10 AM
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Mammoth Energy Services, Inc. announced a series of transactions that provide for an expansion of its aviation services business. The deals include the formation of a joint venture between Mammoth and Wexford Capital which purchased Brim Equipment...
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January 02, 2019, 07:20 AM
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Great Western Leasing and Sales, LLC (GWLS) announced the acquisition of and All Points Equipment Leasing, LLC. All Points Equipment, based in Dearborn, MI, provides trailer rental, new and used trailer sales, repair and maintenance service, and over...
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December 27, 2018, 07:20 AM
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Benetrends Financial, a provider of franchise funding, has broadened its offerings to include recruiting and hiring software for franchises. Benetrends has acquired the franchise hiring software division of Jordan Gilmore Inc. (JGI) and will continue...
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December 26, 2018, 07:21 AM
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Beneficial Bancorp, Inc. announced its stockholders approved the previously announced merger of Beneficial with and into WSFS Financial Corporation at a special meeting of stockholders. Subject to the receipt of all required regulatory approvals and...
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December 07, 2018, 07:15 AM
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