FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / ...

Equipment Finance Advisor Search Results

News Stories (608 Results) - Mergers & Acquisitions

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... Read Story
January 26, 2023, 07:10 AM


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... Read Story
January 19, 2023, 07:15 AM


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... Read Story
January 12, 2023, 07:15 AM


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... Read Story
January 11, 2023, 07:23 AM


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... Read Story
January 10, 2023, 07:21 AM


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... Read Story
January 10, 2023, 07:15 AM


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... Read Story
January 05, 2023, 07:00 AM


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... Read Story
January 04, 2023, 07:15 AM


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... Read Story
January 03, 2023, 07:20 AM


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... Read Story
December 29, 2022, 07:04 AM


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... Read Story
December 22, 2022, 07:18 AM


Accord Financial Corp. announced the closing of a $13 million credit facility to support the acquisition of an equipment services company. Accord’s Asset Based Lending Group structured the facility to include a traditional revolving credit package... Read Story
December 21, 2022, 07:18 AM


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... Read Story
December 21, 2022, 07:00 AM


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... Read Story
December 15, 2022, 07:15 AM


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... Read Story
December 15, 2022, 07:04 AM


Summit Financial Group and PSB Holding Corp. announce the signing of a definitive merger agreement between Summit and PSB.Subject to the terms of the merger agreement, PSB shareholders will receive 1.2347 shares of Summit common stock for each... Read Story
December 14, 2022, 07:05 AM


F.N.B. Corporation successfully completed its acquisition of Greenville, North Carolina-based UB Bancorp, including its wholly-owned banking subsidiary, Union Bank (Union).As a result of the acquisition of Union, FNB has nearly $44 billion in total... Read Story
December 14, 2022, 06:00 AM


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... Read Story
December 13, 2022, 07:10 AM


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... Read Story
December 13, 2022, 07:08 AM


Griffin Dewatering, a portfolio company of Crossplane Capital, a Dallas, TX-based private equity firm, has acquired the Pump & Integrity Rental segment of Cross Country Infrastructure Services.Originally founded in 1978, Pump & Integrity is a... Read Story
December 12, 2022, 07:00 AM


First Financial Equipment Leasing (FFEL), a provider of equipment financing solutions and a member company of JA Mitsui Leasing Ltd (JAML), announced a strategic expansion into Canada with the acquisition of NorFund Capital. Based in Toronto, Canada... Read Story
December 08, 2022, 07:22 AM


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... Read Story
December 08, 2022, 07:15 AM


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... Read Story
December 05, 2022, 07:16 AM


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... Read Story
December 02, 2022, 07:23 AM


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... Read Story
November 30, 2022, 07:18 AM


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... Read Story
November 29, 2022, 07:25 AM


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... Read Story
November 21, 2022, 07:20 AM


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... Read Story
November 15, 2022, 07:15 AM


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... Read Story
November 14, 2022, 07:25 AM


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... Read Story
November 14, 2022, 07:20 AM


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... Read Story
November 08, 2022, 07:05 AM


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... Read Story
November 07, 2022, 07:26 AM


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.... Read Story
November 07, 2022, 07:25 AM


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... Read Story
November 07, 2022, 07:10 AM


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... Read Story
November 04, 2022, 07:23 AM


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... Read Story
November 02, 2022, 07:15 AM


New York Community Bancorp, Inc. and Flagstar Bancorp, Inc. announced the receipt of approval from the Office of the Comptroller of the Currency (the OCC) to convert Flagstar Bank, FSB to a national bank to be known as Flagstar Bank, N.A., and to... Read Story
October 31, 2022, 07:15 AM


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... Read Story
October 28, 2022, 07:25 AM


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... Read Story
October 19, 2022, 07:18 AM


Mitsubishi HC Capital Inc. Representative Director, President & CEO Takahiro Yanai announced the Executive Committee has resolved that the Company will merge its subsidiary CAI International, Inc. (CAI) and its sub-subsidiary Beacon Intermodal... Read Story
October 18, 2022, 07:23 AM


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... Read Story
October 17, 2022, 07:25 AM


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... Read Story
October 17, 2022, 07:05 AM


Hunter Street, a Minneapolis, MN-based alternative investment management firm, announced it has sold its All-Star Rents platform focused on the sale, rental and servicing of light equipment to HercRentals.The initial acquisition in September 2020 of... Read Story
October 13, 2022, 07:08 AM


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... Read Story
October 11, 2022, 07:05 AM


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)... Read Story
October 10, 2022, 07:05 AM


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... Read Story
October 04, 2022, 07:15 AM


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... Read Story
October 03, 2022, 07:23 AM


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... Read Story
October 03, 2022, 07:10 AM


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... Read Story
September 28, 2022, 07:22 AM


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... Read Story
September 27, 2022, 07:07 AM


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... Read Story
September 20, 2022, 07:18 AM


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... Read Story
September 19, 2022, 07:18 AM


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... Read Story
September 16, 2022, 07:12 AM


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... Read Story
September 07, 2022, 07:25 AM


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... Read Story
September 06, 2022, 07:13 AM


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... Read Story
September 02, 2022, 07:20 AM


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... Read Story
September 01, 2022, 07:15 AM


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... Read Story
August 31, 2022, 07:00 AM


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... Read Story
August 30, 2022, 07:20 AM


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... Read Story
August 25, 2022, 07:18 AM


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... Read Story
August 18, 2022, 07:25 AM


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... Read Story
August 15, 2022, 07:10 AM


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... Read Story
August 09, 2022, 07:18 AM


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... Read Story
August 08, 2022, 07:10 AM


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... Read Story
August 01, 2022, 07:05 AM


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... Read Story
July 20, 2022, 07:16 AM


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... Read Story
July 18, 2022, 07:15 AM


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... Read Story
July 11, 2022, 07:10 AM


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... Read Story
July 11, 2022, 07:05 AM


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... Read Story
July 07, 2022, 07:12 AM


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... Read Story
July 06, 2022, 07:15 AM


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... Read Story
July 05, 2022, 07:22 AM


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... Read Story
July 05, 2022, 07:13 AM


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... Read Story
July 05, 2022, 07:10 AM


First Independent Bank, Russell, MN, and Citizens State Bank of Tyler, Inc., announced the signing of an agreement to merge. The Citizens State Bank was founded and chartered on May 28, 1917, by Hans Lauritsen. He was bank president, and his son, C.A... Read Story
July 01, 2022, 07:15 AM


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... Read Story
June 29, 2022, 07:22 AM


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... Read Story
June 27, 2022, 07:15 AM


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... Read Story
June 27, 2022, 07:00 AM


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... Read Story
June 24, 2022, 07:16 AM


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)... Read Story
June 24, 2022, 07:12 AM


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... Read Story
June 22, 2022, 07:05 AM


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... Read Story
June 21, 2022, 07:18 AM


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... Read Story
June 20, 2022, 07:15 AM


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... Read Story
June 15, 2022, 07:25 AM


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.... Read Story
June 15, 2022, 07:16 AM


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... Read Story
June 14, 2022, 07:12 AM


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... Read Story
June 13, 2022, 07:18 AM


Nexseer Capital announced that the management team of W. Scott McCullum (President), Jonathan Albin (Chief Operating Officer) and Robert Davis (Executive Vice President) have acquired majority ownership of the company. The senior management team... Read Story
June 06, 2022, 07:23 AM


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... Read Story
June 03, 2022, 07:10 AM


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... Read Story
June 02, 2022, 07:10 AM


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... Read Story
June 01, 2022, 07:18 AM


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... Read Story
May 31, 2022, 07:11 AM


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.... Read Story
May 25, 2022, 07:20 AM


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... Read Story
May 24, 2022, 07:15 AM


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... Read Story
May 16, 2022, 07:20 AM


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... Read Story
May 12, 2022, 07:15 AM


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... Read Story
May 10, 2022, 07:23 AM


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... Read Story
May 10, 2022, 07:17 AM


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... Read Story
May 06, 2022, 07:05 AM


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... Read Story
May 06, 2022, 07:03 AM


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... Read Story
May 05, 2022, 07:05 AM


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... Read Story
May 03, 2022, 07:25 AM


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... Read Story
May 02, 2022, 07:18 AM


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... Read Story
May 02, 2022, 07:15 AM


TIP Trailer Services, a portfolio company of I Squared Capital through its ISQ Global Infrastructure Fund II, and a trailer leasing, rental, maintenance and repair provider across Europe and Canada, has signed an agreement with Ryder to acquire the... Read Story
April 25, 2022, 07:13 AM


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... Read Story
April 13, 2022, 07:05 AM


Firstrust Bank announced its subsidiaries Apex Mortgage Corp., a commercial mortgage lender, and Firstlease, Inc., a nationwide provider of equipment financing, have merged under the new name of Apex Commercial Capital Corp. A full-service lender... Read Story
April 12, 2022, 06:55 AM


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... Read Story
April 07, 2022, 07:18 AM


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... Read Story
April 04, 2022, 07:20 AM


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... Read Story
April 04, 2022, 07:14 AM


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... Read Story
April 04, 2022, 07:10 AM


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... Read Story
April 01, 2022, 07:10 AM


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... Read Story
March 31, 2022, 07:08 AM


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... Read Story
March 29, 2022, 07:11 AM


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... Read Story
March 25, 2022, 07:15 AM


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... Read Story
March 25, 2022, 07:10 AM


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... Read Story
March 23, 2022, 07:14 AM


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... Read Story
March 18, 2022, 07:14 AM


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... Read Story
March 16, 2022, 07:17 AM


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... Read Story
March 14, 2022, 07:11 AM


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... Read Story
March 10, 2022, 07:21 AM


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... Read Story
March 10, 2022, 07:11 AM


Peoples Bancorp Inc. announced its wholly owned subsidiary, Peoples Bank, has acquired Vantage Financial, LLC, a nationwide provider of equipment financing headquartered in Excelsior, MN. Vantage offers mid-ticket equipment leases primarily for... Read Story
March 08, 2022, 07:22 AM


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... Read Story
March 08, 2022, 07:16 AM


M&T Bank Corporation announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced acquisition of People's United Financial, Inc. The transaction has also received approval... Read Story
March 07, 2022, 07:20 AM


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... Read Story
March 04, 2022, 07:15 AM


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... Read Story
March 03, 2022, 07:17 AM


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... Read Story
March 02, 2022, 07:15 AM


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... Read Story
March 01, 2022, 07:10 AM


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... Read Story
February 28, 2022, 07:25 AM


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... Read Story
February 25, 2022, 07:20 AM


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... Read Story
February 24, 2022, 07:10 AM


M&T Bank Corporation and People's United Financial, Inc. jointly announced the two companies have agreed to extend their merger agreement from Feb. 21 to June 1.The companies announced a year ago that M&T Bank had agreed to acquire People’s United... Read Story
February 22, 2022, 07:23 AM


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... Read Story
February 18, 2022, 07:10 AM


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... Read Story
February 17, 2022, 07:25 AM


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... Read Story
February 17, 2022, 07:10 AM


Financeit Inc. announced that Wafra Capital Partners Inc. (WCP), a New York-based specialty finance investment firm, has acquired the company from Goldman Sachs Asset Management.Financeit is Canada's leading point-of-sale financing provider for the... Read Story
February 14, 2022, 07:20 AM


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)... Read Story
February 10, 2022, 07:15 AM


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... Read Story
February 04, 2022, 07:12 AM


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... Read Story
February 03, 2022, 07:18 AM


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... Read Story
February 02, 2022, 07:10 AM


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... Read Story
January 31, 2022, 07:09 AM


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... Read Story
January 28, 2022, 07:15 AM


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... Read Story
January 27, 2022, 07:10 AM


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... Read Story
January 26, 2022, 07:19 AM


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... Read Story
January 25, 2022, 07:07 AM


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... Read Story
January 21, 2022, 07:22 AM


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... Read Story
January 21, 2022, 07:07 AM


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... Read Story
January 20, 2022, 07:25 AM


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... Read Story
January 13, 2022, 07:25 AM


Fortis, a high-growth commercial bank serving small- to medium-sized privately held businesses in Colorado and Utah, announced the launch of its equipment financing product offering.Chris Case will be responsible for the development and execution of... Read Story
January 12, 2022, 07:20 AM


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... Read Story
January 11, 2022, 07:07 AM


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... Read Story
January 10, 2022, 07:18 AM


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... Read Story
January 10, 2022, 07:14 AM


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... Read Story
January 07, 2022, 07:22 AM


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... Read Story
January 05, 2022, 08:05 AM


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... Read Story
January 04, 2022, 07:25 AM


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... Read Story
January 04, 2022, 07:23 AM


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... Read Story
January 04, 2022, 07:21 AM


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... Read Story
January 04, 2022, 07:17 AM


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... Read Story
January 04, 2022, 07:00 AM


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... Read Story
January 03, 2022, 07:07 AM


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... Read Story
December 28, 2021, 07:11 AM


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... Read Story
December 27, 2021, 07:23 AM


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... Read Story
December 21, 2021, 07:15 AM


First Foundation Inc., a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced it has completed its acquisition, of TGR Financial, Inc. and its bank subsidiary, First... Read Story
December 21, 2021, 07:08 AM


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... Read Story
December 21, 2021, 07:05 AM


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... Read Story
December 20, 2021, 07:20 AM


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... Read Story
December 20, 2021, 07:18 AM


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... Read Story
December 17, 2021, 07:23 AM


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... Read Story
December 17, 2021, 07:11 AM


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... Read Story
December 16, 2021, 07:21 AM


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... Read Story
December 16, 2021, 07:15 AM


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... Read Story
December 16, 2021, 07:13 AM


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... Read Story
December 14, 2021, 07:23 AM


Corcentric and North Mountain Merger Corp., a publicly traded special purpose acquisition company, announced they have entered into a definitive agreement to consummate a business combination that would result in Corcentric becoming a publicly listed... Read Story
December 13, 2021, 07:12 AM


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... Read Story
December 09, 2021, 07:15 AM


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... Read Story
December 09, 2021, 07:12 AM


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... Read Story
December 08, 2021, 07:23 AM


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... Read Story
December 06, 2021, 07:17 AM


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... Read Story
December 03, 2021, 07:17 AM


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... Read Story
December 02, 2021, 07:08 AM


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... Read Story
November 29, 2021, 07:22 AM


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... Read Story
November 29, 2021, 07:10 AM


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... Read Story
November 24, 2021, 07:23 AM


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... Read Story
November 24, 2021, 07:04 AM


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... Read Story
November 23, 2021, 07:03 AM


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... Read Story
November 22, 2021, 07:18 AM


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... Read Story
November 22, 2021, 07:17 AM


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... Read Story
November 19, 2021, 07:17 AM


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... Read Story
November 19, 2021, 07:08 AM


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... Read Story
November 17, 2021, 07:21 AM


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... Read Story
November 16, 2021, 07:22 AM


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... Read Story
November 15, 2021, 07:19 AM


Independent Bank Corp., parent of Rockland Trust Company, and Meridian Bancorp, Inc., parent of East Boston Savings Bank, jointly reported the following in connection with Independent’s proposed acquisition of Meridian: All regulatory approvals... Read Story
November 08, 2021, 07:00 AM


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... Read Story
November 05, 2021, 07:18 AM


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... Read Story
November 05, 2021, 07:17 AM


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... Read Story
November 03, 2021, 07:10 AM


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... Read Story
November 01, 2021, 07:22 AM


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:... Read Story
November 01, 2021, 07:21 AM


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.... Read Story
October 29, 2021, 07:24 AM


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... Read Story
October 28, 2021, 07:15 AM


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... Read Story
October 28, 2021, 07:11 AM


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... Read Story
October 28, 2021, 07:05 AM


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... Read Story
October 22, 2021, 07:20 AM


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... Read Story
October 22, 2021, 07:18 AM


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... Read Story
October 22, 2021, 07:09 AM


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.... Read Story
October 21, 2021, 07:22 AM


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... Read Story
October 18, 2021, 07:22 AM


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... Read Story
October 13, 2021, 07:20 AM


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... Read Story
October 13, 2021, 07:12 AM


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... Read Story
October 08, 2021, 07:19 AM


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... Read Story
October 05, 2021, 07:05 AM


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... Read Story
October 04, 2021, 07:17 AM


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... Read Story
October 04, 2021, 07:15 AM


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... Read Story
September 30, 2021, 07:11 AM


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... Read Story
September 27, 2021, 07:16 AM


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... Read Story
September 24, 2021, 07:19 AM


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... Read Story
September 23, 2021, 07:20 AM


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... Read Story
September 21, 2021, 07:26 AM


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... Read Story
September 20, 2021, 07:18 AM


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... Read Story
September 17, 2021, 07:25 AM


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... Read Story
September 17, 2021, 07:22 AM


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... Read Story
September 17, 2021, 07:00 AM


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... Read Story
September 13, 2021, 07:20 AM


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... Read Story
September 08, 2021, 07:20 AM


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... Read Story
September 08, 2021, 07:05 AM


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... Read Story
September 07, 2021, 07:18 AM


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... Read Story
September 03, 2021, 07:18 AM


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... Read Story
September 03, 2021, 07:15 AM


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... Read Story
August 31, 2021, 07:20 AM


Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, announced it has entered into two separate definitive agreements to acquire Sabal Palm Bancorp, Inc., parent company of Sabal Palm Bank based in Sarasota, FL... Read Story
August 24, 2021, 07:18 AM


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... Read Story
August 13, 2021, 07:16 AM


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... Read Story
August 11, 2021, 07:11 AM


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... Read Story
August 11, 2021, 07:05 AM


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... Read Story
August 10, 2021, 07:15 AM


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... Read Story
August 09, 2021, 07:22 AM


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... Read Story
August 09, 2021, 07:03 AM


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... Read Story
August 06, 2021, 07:00 AM


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... Read Story
August 05, 2021, 07:10 AM


Global investment firm Carlyle and Fly Leasing Limited announced an affiliate of Carlyle Aviation Partners (Carlyle Aviation) completed its previously announced acquisition of FLY. Carlyle Aviation is the commercial aviation investment and servicing... Read Story
August 03, 2021, 07:14 AM


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... Read Story
August 03, 2021, 07:12 AM


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... Read Story
July 30, 2021, 07:19 AM


Citizens Financial Group and Investors Bancorp announced that they have entered into a definitive agreement and plan of merger under which Citizens will acquire all of the outstanding shares of Investors for a combination of stock and cash.The... Read Story
July 29, 2021, 07:20 AM


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... Read Story
July 28, 2021, 07:22 AM


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... Read Story
July 28, 2021, 07:10 AM


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... Read Story
July 27, 2021, 07:21 AM


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... Read Story
July 27, 2021, 07:16 AM


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... Read Story
July 26, 2021, 07:20 AM


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... Read Story
July 26, 2021, 07:17 AM


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... Read Story
July 26, 2021, 07:13 AM


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... Read Story
July 21, 2021, 07:17 AM


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... Read Story
July 20, 2021, 07:00 AM


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... Read Story
July 15, 2021, 07:20 AM


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... Read Story
July 15, 2021, 07:15 AM


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... Read Story
July 14, 2021, 07:21 AM


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... Read Story
July 14, 2021, 07:12 AM


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... Read Story
July 13, 2021, 07:15 AM


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... Read Story
July 12, 2021, 07:10 AM


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... Read Story
July 09, 2021, 07:25 AM


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... Read Story
July 07, 2021, 07:16 AM


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... Read Story
July 01, 2021, 07:18 AM


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... Read Story
June 30, 2021, 07:17 AM


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... Read Story
June 24, 2021, 07:12 AM


CAI International entered into a definitive agreement to be acquired by Mitsubishi HC Capital (“MHC”). Under the terms of the merger agreement with MHC (the “Merger Agreement”), MHC will acquire all of CAI’s outstanding and fully diluted common stock... Read Story
June 18, 2021, 07:00 AM


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... Read Story
June 14, 2021, 07:25 AM


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... Read Story
June 14, 2021, 07:21 AM


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... Read Story
June 11, 2021, 07:25 AM


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... Read Story
June 10, 2021, 07:21 AM


Regions Bank announced it has entered into a definitive agreement to acquire home improvement lender EnerBank USA, one of America’s largest specialized home improvement lenders supporting homeowners and contractors through innovative products and... Read Story
June 10, 2021, 07:07 AM


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... Read Story
June 08, 2021, 07:16 AM


First Foundation Inc., a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, and TGR Financial, Inc. jointly announced the execution of a definitive agreement under which TGR... Read Story
June 04, 2021, 07:22 AM


Old National Bancorp and First Midwest Bancorp, Inc. jointly announced they have entered into a definitive merger agreement to combine in an all-stock merger of equals transaction with a total market value of $6.5 billion to create a premier... Read Story
June 02, 2021, 07:17 AM


The PNC Financial Services Group, Inc. announced the completion of its acquisition of BBVA USA Bancshares, Inc., including its U.S. banking subsidiary BBVA USA. Through this transaction, PNC is now the fifth-largest U.S. commercial banking... Read Story
June 02, 2021, 07:12 AM


IDS, a leading provider of mission-critical enterprise solutions for secured finance, announced it has successfully completed the acquisition of White Clarke Group, a leading provider of retail, fleet, wholesale and asset finance software solutions... Read Story
June 01, 2021, 07:20 AM


United Community Banks, Inc. and Aquesta Financial Holdings, Inc. announced a definitive agreement for United to acquire Aquesta, including its wholly ownedsubsidiary, Aquesta Bank. United has $18.6 billion in assets and 161 offices in Florida... Read Story
May 28, 2021, 07:24 AM


M&T Bank Corporation and People's United Financial, Inc. jointly announced that, at their respective special meetings of shareholders, they each received the necessary shareholder approvals for the consummation of the merger of People's United into... Read Story
May 27, 2021, 07:23 AM


Hilco Global announced its commercial-industrial team has acquired all of the assets of Sutton Leasing, a large fleet leasing company based in Sterling Heights, MI, in a multi-million-dollar transaction.The Hilco Commercial Industrial team plans to... Read Story
May 26, 2021, 07:23 AM


Huntington Bancshares Incorporated and TCF Financial Corporation jointly announced that the Board of Governors of the Federal Reserve System (the Federal Reserve Board) and the Office of the Comptroller of the Currency, with input from the United... Read Story
May 26, 2021, 07:20 AM


United Rentals, Inc. announced has completed the previously announced acquisition of General Finance Corporation in a roughly $1 billion deal.Matthew Flannery, Chief Executive Officer of United Rentals, said, “We’re delighted to welcome our new... Read Story
May 26, 2021, 07:15 AM


The PNC Financial Services Group, Inc. today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the previously announced acquisition of BBVA... Read Story
May 17, 2021, 07:20 AM


Fluor Corporation announced the divestiture of its North American equipment and fleet services business, AMECO, to One Equity Partners for $73 million.One Equity Partners, a middle-market private equity firm, announced it agreed to acquire the North... Read Story
May 13, 2021, 07:15 AM


AerCap Holdings N.V. announced its shareholders have approved the previously announced acquisition of GE Capital Aviation Services (GECAS), a General Electric business, at its Annual General Meeting of Shareholders.The transaction remains subject to... Read Story
May 12, 2021, 07:17 AM


SmartBank, the banking subsidiary of SmartFinancial, Inc., announced it has entered into a definitive agreement to acquire Fountain Leasing, LLC.Fountain, headquartered in Knoxville, TN, and founded in 2006, had net lease investments of approximately... Read Story
May 04, 2021, 07:23 AM


The Toronto-Dominion Bank completed the previously announced acquisition of Wells Fargo's Canadian Direct Equipment Finance business.The transaction adds scale and capabilities to TD's existing Canadian Equipment Financing business and expands TD's... Read Story
May 04, 2021, 07:20 AM


NYDIG, a provider of technology and investment solutions for bitcoin, announced it has acquired Arctos Capital, a technology-driven commercial lender that provides financing solutions to bitcoin holders, investors and mining businesses. Arctos will... Read Story
April 23, 2021, 07:20 AM


Marlin Business Services Corp., a nationwide provider of capital solutions to small businesses announced it has entered into a definitive agreement in which HPS Investment Partners LLC will, through its European Asset Value Funds, acquire all of... Read Story
April 20, 2021, 07:25 AM


Webster Financial Corporation and Sterling Bancorp jointly announced their boards of directors have approved by unanimous vote a definitive agreement under which the two companies will combine in an all-stock merger of equals transaction with a total... Read Story
April 19, 2021, 07:26 AM


United Rentals, Inc. and General Finance Corporation announced their entry into a definitive agreement under which United Rentals will acquire General Finance for $19 a share in cash, representing a total enterprise value of approximately $996... Read Story
April 16, 2021, 07:25 AM


United Rentals, Inc. announced it has acquired Franklin Equipment, LLC, a regional provider of equipment rentals, sales and related services in the Midwest and Southeast.Franklin Equipment was founded in 2008. It grew to 20 locations serving general... Read Story
April 15, 2021, 07:03 AM


Mitsubishi UFJ Lease & Finance Co., Ltd. (MUL) and Hitachi Capital Corporation (HC) have merged to form Mitsubishi HC Capital Co., Ltd.As a result of this merger, Mitsubishi HC Capital will be one of the largest global players in the industry in... Read Story
April 13, 2021, 07:25 AM


BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, N.A., jointly announced they have entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than... Read Story
April 12, 2021, 07:25 AM


Greenbacker Renewable Energy Company LLC (GREC), an owner and operator of sustainable infrastructure and energy efficiency projects, announced that, through a wholly owned subsidiary, it purchased an approximately 10 MWdc portfolio of pre-operational... Read Story
April 12, 2021, 07:18 AM


McGrath RentCorp announced it has acquired Kitchens To Go, a leader in interim and permanent modular solutions for foodservice providers that require flexible facilities to continue or expand operations. The purchase will allow the Mobile Modular... Read Story
April 12, 2021, 07:00 AM


Chesswood Group Limited, a North American commercial equipment finance provider for small and medium-sized businesses, announced it has entered into a definitive agreement to merge its subsidiary Blue Chip Leasing Corporation with Vault Credit... Read Story
April 08, 2021, 07:25 AM


Eastern Bankshares, Inc., the stock holding company for Eastern Bank, and Century Bancorp, Inc., the stock holding company for Century Bank and Trust Company, jointly announced they have entered into a definitive all-cash merger agreement with an... Read Story
April 08, 2021, 07:22 AM


BancorpSouth Bank, which includes BancorpSouth Equipment Finance, announced it has received regulatory approval from the Federal Deposit Insurance Corporation to complete its proposed mergers with National United Bancshares, Inc., the parent company... Read Story
April 08, 2021, 07:09 AM


IDS, a leader in enterprise mission-critical solutions for secured finance, has agreed to acquire White Clarke Group, a provider of retail, fleet, wholesale and asset finance solutions for the automotive and equipment finance markets. The two... Read Story
April 07, 2021, 07:15 AM


Peoples Bank, headquartered in Marietta, OH, purchased North Star Leasing Company based in Burlington, VT. CrestMount Advisors represented Peoples Bank, a wholly owned subsidiary of Peoples Bancorp Inc. “Steve and the team at CrestMount Advisors were... Read Story
April 05, 2021, 07:07 AM


Peoples Bank and North Star Leasing Company announced North Star Leasing is now a division of Peoples Bank.Founded in 1979 and located in Burlington, VT, North Star Leasing provides specialized lease solutions for vendors and commercial customers... Read Story
April 02, 2021, 07:25 AM


Fly Leasing Limited, a global leader in aircraft leasing, announced it has entered into a definitive agreement to be acquired by an affiliate of Carlyle Aviation Partners, the commercial aviation investment and servicing arm within The Carlyle... Read Story
March 30, 2021, 07:19 AM


Peoples Bancorp and Premier Financial Bancorp jointly announced the signing of a definitive agreement and plan of merger pursuant to which Peoples will acquire, in an all-stock merger, Premier, a bank holding company headquartered in Huntington, West... Read Story
March 30, 2021, 07:15 AM


Huntington Bancshares Incorporated and TCF Financial Corporation jointly announced each company's shareholders have approved the proposed merger of TCF into Huntington at their respective special meetings of shareholders."Today's shareholder approval... Read Story
March 26, 2021, 07:08 AM


I Squared Capital, through its ISQ Global Infrastructure Fund II, has acquired Star Leasing, a trailer lessor in the U.S., from its shareholders. Headquartered in Columbus, OH, Star Leasing has a young and diversified fleet of approximately 19,000... Read Story
March 25, 2021, 07:25 AM


Wabtec Corporation announced it has signed a definitive agreement to acquire Nordco, a North American supplier of new, rebuilt and used maintenance of way equipment with a broad product and service portfolio including mobile railcar movers and... Read Story
March 25, 2021, 07:11 AM


Banc of California, Inc., the holding company of Banc of California, N.A., and Pacific Mercantile Bancorp, the holding company of Pacific Mercantile Bank, announced they have entered into a definitive agreement and plan of merger under which Pacific... Read Story
March 23, 2021, 07:30 AM


Fourshore Partners announced its acquisition of a majority stake in Genesis Capital Finance, a specialty finance company that provides commercial loans to independent owner operators in the long-haul trucking industry. Established in 2011, Genesis... Read Story
March 15, 2021, 07:19 AM


GE announced an agreement to combine its GE Capital Aviation Services business (GECAS) with AerCap Holdings N.V. in a deal worth more than $30 billion. The combined company will be one of aviation leasing’s leading franchises, bringing together... Read Story
March 10, 2021, 07:24 AM


General Electric Co. is nearing an agreement to combine its jet-leasing business with Ireland’s AerCap Holdings NV, said people familiar with the matter, in a potential deal that would join the world’s two biggest aircraft financiers in a market... Read Story
March 08, 2021, 07:27 AM


Velocity Truck Centers (VTC), a group of commercial vehicle dealerships in the Southwest, is announced the company has expanded into the Southeast with the acquisition of Neely Coble Company, Inc. This acquisition extends VTC’s reach from California... Read Story
March 08, 2021, 07:20 AM


Chadwick-BaRoss Inc. (CBR) announced it completed the acquisition of Kaz Equipment of South Windsor, Connecticut. The deal will result in the expansion of CBR's operations in the state of Connecticut, and provide CBR with its first location in the... Read Story
March 05, 2021, 07:10 AM


M&T Bank Corporation and People's United Financial, Inc. announced they have entered into a definitive agreement under which M&T will acquire People's United in an all-stock transaction.The combined company will create a diversified... Read Story
February 22, 2021, 07:25 AM


Banyan Software, Inc., a company focused on acquiring, building and growing enterprise software businesses, announced the acquisition of Dominion Leasing Software, a company that provides accounting and asset management solutions to the equipment... Read Story
February 22, 2021, 07:20 AM


IDS, a provider of asset and equipment finance technology, has completed the acquisition of William Stucky and Associates (WSA), the leading provider of ABL and factoring software. The combination of the two companies creates a powerful, cloud-based... Read Story
February 17, 2021, 07:25 AM


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, at their respective special meetings of stockholders, First Citizens and CIT... Read Story
February 10, 2021, 07:20 AM


TCF Capital Solutions, a division of TCF National Bank (TCF), announced TCF has acquired BB&T Commercial Equipment Capital, Corp. (CEC), which includes a portfolio of approximately $1 billion of equipment finance leases and loans. CEC was Truist... Read Story
February 01, 2021, 07:25 AM


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... Read Story
January 27, 2021, 07:05 AM


BancorpSouth Bank announced the signing of a definitive merger agreement with FNS Bancshares, Inc., the parent company of FNB Bank, (collectively referred to as FNS), pursuant to which FNS will be merged with and into BancorpSouth.FNS, founded in... Read Story
January 19, 2021, 07:02 AM


The Toronto-Dominion Bank (TD) and Wells Fargo & Company announced a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo's Canadian Direct Equipment Finance business.The acquisition of Wells Fargo's Canadian... Read Story
January 15, 2021, 07:25 AM


Herc Holdings Inc., a North American equipment rental supplier operating as Herc Rentals Inc., announced it has acquired substantially all the assets of Houston-based Champion Rentals, Inc. Terms were not disclosed.Champion is a full-service general... Read Story
January 05, 2021, 07:10 AM


GATX Corporation announced its acquisition of Trifleet Leasing Holding B.V., the fourth-largest global tank container lessor. Headquartered in the Netherlands with offices worldwide, Trifleet owns and manages a fleet of over 18,000 tank containers... Read Story
January 04, 2021, 07:23 AM


InfraServ US, LLC, an industrial equipment dealership and services platform, announced it has acquired the Bobcat Southwest dealership group. The acquisition will be completed through InfraServ's subsidiary, Gateway Dealer Network, a provider of... Read Story
December 30, 2020, 07:15 AM


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... Read Story
December 29, 2020, 07:07 AM


Assurant, Inc., a global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, announced the acquisition of EPG Insurance, Inc. for $43 million in cash. EPG is a leading provider of service contracts... Read Story
December 23, 2020, 07:20 AM


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... Read Story
December 21, 2020, 07:12 AM


Huntington Bancshares Incorporated, the parent company of The Huntington National Bank, and TCF Financial Corporation (TCF), the parent company of TCF National Bank, announced the signing of a definitive agreement under which the companies will... Read Story
December 14, 2020, 07:25 AM


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... Read Story
December 09, 2020, 07:15 AM


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... Read Story
December 07, 2020, 07:00 AM


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... Read Story
November 17, 2020, 07:09 AM


The PNC Financial Services Group, Inc. and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, S.A. announced they have signed a definitive agreement for PNC to acquire BBVA USA Bancshares, Inc., including its U.S. banking subsidiary, BBVA... Read Story
November 16, 2020, 07:25 AM


Solar Capital Ltd. announced it has acquired a majority stake in Kingsbridge Holdings LLC from TZP Capital Partners II, LP and its affiliates and the Kingsbridge management team. Kingsbridge, based in Lake Forest, IL, is an independent lessor of... Read Story
November 06, 2020, 07:28 AM


Flushing Financial Corporation, the parent holding company for Flushing Bank, announced it completed its acquisition of Empire Bancorp, Inc. effective after the close of business on Oct. 30. In connection with the acquisition, Empire National Bank... Read Story
November 02, 2020, 07:05 AM


Ritchie Bros. Auctioneers and Rouse Services announced they have entered into a definitive agreement under which Ritchie Bros. will acquire Rouse Services for approximately $275 million.“Rouse offers a highly complementary suite of data and service... Read Story
October 30, 2020, 07:25 AM


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 they have entered into a definitive agreement under which the companies will... Read Story
October 16, 2020, 07:10 AM


Enova International, a financial technology and analytics company offering consumer and small business loans and financing, announced it has completed the acquisition of On Deck Capital, Inc., an online lender for small business, for approximately... Read Story
October 14, 2020, 07:21 AM


New York City-based Cerberus Capital Management, L.P. announced that one of its affiliates has entered into an agreement to acquire the Strategic Alliances (Vendor Finance) business of Westpac Group. Upon completion of the transaction, the business... Read Story
August 21, 2020, 07:12 AM


Affiliates of Paceline Equity Partners, LLC, a Dallas-based private equity manager, announced they have acquired R.E.L.A.M., Inc., a lessor of railroad maintenance-of-way (MOW) equipment, as well as Acme Construction Co., Inc. and Timiny RR... Read Story
July 06, 2020, 07:26 AM


Arbor Bancorp, Inc., the holding company of Bank of Ann Arbor, announced that Arbor Bancorp. Inc. and FNBH Bancorp, Inc., the holding company for First National Bank in Howell, MI, have mutually agreed to terminate their Agreement and Plan of Merger... Read Story
June 29, 2020, 07:22 AM


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... Read Story
June 19, 2020, 07:20 AM


NorthStar Group Services, Inc., a portfolio company of investment affiliates of J.F. Lehman & Company (JFLCO), announced the completion of the acquisition of Heneghan Wrecking & Excavating Co., Inc. and Patrick's Equipment Leasing, Inc. Headquartered... Read Story
June 19, 2020, 07:05 AM


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... Read Story
April 08, 2020, 07:05 AM


Regions Bank announced it has completed the acquisition of Ascentium Capital, an independent equipment finance lender serving small businesses.“We are pleased to welcome Ascentium Capital teammates and small business customers to Regions,” said... Read Story
April 02, 2020, 07:25 AM


PLM Fleet LLC dba PLM Trailer Leasing (PLM) announced it has finalized the previously communicated partnership with a U.S. subsidiary of Mizuho Leasing Company, MM Wheel, LLC, which acquired a 50 percent membership interest of PLM from Marubeni... Read Story
April 01, 2020, 06:00 AM


Flushing Financial Corporation, parent company of Flushing Bank, and Empire Bancorp, Inc., parent company of Empire National Bank, announced the closing of the previously announced merger of Empire with and into Flushing will be delayed due to the... Read Story
March 26, 2020, 07:10 AM


BigRentz announced it has merged with Illinois-based Lizzy Lift, a nationwide and international provider of construction equipment rental services. The merger increases BigRentz’s client base, catalog, and rental partner network.Co-owned by sisters... Read Story
March 26, 2020, 07:05 AM


Alliance Funding Group (AFG) announced it has acquired Pinnacle Capital Partners, an independent specialty finance and leasing company based in Tacoma, WA.  Founded in 2000, Pinnacle is an industry specialist with a focus on the beverage, dental lab... Read Story
March 17, 2020, 07:25 AM


Regions Bank announced it has entered into a definitive agreement to acquire Ascentium Capital LLC from Warburg Pincus, a global private equity firm focused on growth investing.Ascentium Capital, headquartered in Kingwood, TX, is the largest... Read Story
February 28, 2020, 07:20 AM


Seabury Capital Group LLC announced the formation of Seabury Aircraft Capital LLC (SAC) through a combination of its existing advisory practices and the acquisition of an investment banking firm Structured Finance International (SFI) whose... Read Story
February 27, 2020, 07:26 AM


Wintrust Specialty Finance (WSF), a division of Beverly Bank & Trust Company, N.A. and part of the Wintrust family, completed the acquisition of an approximately $100 million portfolio of high-quality small-ticket leases and loans. The acquisition is... Read Story
February 18, 2020, 07:25 AM


Arbor Bancorp, Inc., the holding company for Bank of Ann Arbor, and FNBH Bancorp, Inc., the holding company for First National Bank in Howell, MI, announced they have entered into a definitive agreement for Arbor to acquire First National an all-cash... Read Story
February 05, 2020, 07:00 AM


The Bancorp, Inc. announced the acquisition of McMahon Leasing. The purchase expands The Bancorp’s footprint to the southeastern Pennsylvania region, which will include a leasing office located in Norristown, PA. The purchase of McMahon allows for... Read Story
January 15, 2020, 07:20 AM


Velocity Truck Centers (VTC), a sister company of Crossroads Equipment Lease and Finance, has acquired Central California Truck and Trailer Sales, Inc. (CCTTS), an independent used-truck and new/used trailer retailer in California. CCTTS will now be... Read Story
January 14, 2020, 07:12 AM


CIT Group Inc. announced its banking subsidiary, CIT Bank, N.A., completed the acquisition of Mutual of Omaha Bank on Jan. 1. This transaction advances CIT’s strategic plan through the addition of a stable, lower-cost homeowner association deposit... Read Story
January 03, 2020, 07:30 AM


Affiliates of Paceline Equity Partners, LLC, a Dallas-based private equity manager, announced they have acquired Progress Rail Equipment Leasing Corporation (PRELC), a lessor of railroad maintenance-of-way (MOW) equipment and services, from Progress... Read Story
January 03, 2020, 07:25 AM


BancorpSouth Bank has completed its merger with Texas First Bancshares, Inc., the parent company of Texas First State Bank."We're delighted to announce the completion of our merger with Texas First," said BancorpSouth Chairman and Chief Executive... Read Story
January 03, 2020, 07:20 AM


TIP Trailer Services, a portfolio company of I Squared Capital and one of the leading trailer leasing, rental, maintenance and repair providers across Europe and Canada, announced it has completed the acquisition of Trailer Wizards, a leading... Read Story
December 31, 2019, 07:23 AM


Apollo Global Management, Inc.; Athene Holding Ltd.; and GE Capital, the financial services arm of GE, announced they have closed their previously announced transaction for Apollo and Athene to purchase PK AirFinance, an aviation lending business... Read Story
December 13, 2019, 07:28 AM


B. Riley Principal Merger Corp. (BRPM), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, and Alta Equipment Holdings Inc., a provider of industrial and construction equipment and related services, announced they... Read Story
December 13, 2019, 07:15 AM


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... Read Story
December 10, 2019, 07:25 AM


Truist Financial Corporation announced the completion of the merger of equals between BB&T Corporation and SunTrust Banks, Inc. Truist is the sixth-largest U.S. commercial bank, serving approximately 10 million consumer households and a full range of... Read Story
December 09, 2019, 07:25 AM


Pacific Life Insurance Company announced it has completed the sale of Aviation Capital Group (ACG), its commercial aircraft leasing subsidiary, to Tokyo Century Corporation.In 2017, Tokyo Century acquired from Pacific Life a 20 percent membership... Read Story
December 06, 2019, 07:10 AM


Sterling Bancorp announced its principal subsidiary, Sterling National Bank, has completed the previously announced acquisition of middle market commercial equipment finance loans and leases from Santander Bank, N.A.The balance of equipment finance... Read Story
December 03, 2019, 07:20 AM


Tokyo Century (USA) Inc. announced it has acquired 100 percent of the capital stock of Allegiant Partners Incorporated DBA AP Equipment Financing, an independent specialty finance and leasing company based in Bend, OR. Allegiant has a strong... Read Story
November 27, 2019, 07:30 AM


Kingsbridge Holdings LLC announced the acquisition of Technology Finance Corporation (TFC). Terms were not disclosed.Founded in 2004, TFC is a fast-growing technology leasing company that provides financing for information technology equipment and... Read Story
October 31, 2019, 07:25 AM


First Financial Corporate Services, Inc. (FFCSI), a major independent provider of equipment leasing and financial solutions in the U.S. and Canada, announced it has been acquired by JA Mitsui Leasing, Ltd. (JAML) through its subsidiary, JA Mitsui... Read Story
October 29, 2019, 07:30 AM


Mintaka Financial, LLC, a commercial finance company based in Washington State, has acquired Phoenix, AZ-based Summit Commercial Finance Company. The deal comes as part of Mintaka’s strategy to form closer relationships with origination channels, to... Read Story
October 15, 2019, 07:30 AM


Thoma Bravo, a software-focused private equity investment firm, announced it has acquired majority ownership in IDS, a provider of asset finance software solutions, from its current owner, SV Investment Partners.“Having partnered with IDS since 2003... Read Story
October 09, 2019, 07:30 AM


Sterling Bancorp announced its principal subsidiary, Sterling National Bank, has entered into a definitive agreement to acquire a portfolio of middle market commercial equipment finance loans and leases from Santander Bank, N. A.As of Sept. 30, the... Read Story
October 08, 2019, 07:30 AM


MidCap Financial announced it has closed the acquisition of substantially all of PNC Bank's Franchise Finance loan portfolio. In conjunction with the acquisition, six members of the Franchise Finance business have joined MidCap Financial, including... Read Story
October 02, 2019, 07:26 AM


City National Bank (CNB) has announced it has entered into an agreement to purchase Miami-based Executive Banking Corporation, the parent company of Executive National Bank. As of June 30, CNB and Executive National Bank had combined assets of... Read Story
October 01, 2019, 07:00 AM


TIP Trailer Services, a portfolio company of I Squared Capital, has signed an agreement to acquire Trailer Wizards Ltd., a supplier of trailer rental and leasing services in Canada. TIP first expanded from Europe into Canada in 2016 with the purchase... Read Story
September 13, 2019, 07:15 AM


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... Read Story
September 10, 2019, 07:10 AM


Pacific Life Insurance Company announced it has signed an agreement to sell all of its majority ownership in Aviation Capital Group (ACG), its commercial aircraft leasing subsidiary, to Tokyo Century Corporation.In 2017, Tokyo Century acquired from... Read Story
September 09, 2019, 07:25 AM


Apollo Global Management, LLC, Athene Holding Ltd.; and GE Capital, the financial services arm of GE (NYSE: GE), today announced that they have entered into a definitive agreement for Apollo and Athene to purchase PK AirFinance, an aviation lending... Read Story
August 30, 2019, 07:30 AM


First Midwest Bancorp, Inc. announced it has entered into a definitive agreement to acquire Bankmanagers Corp. and its wholly owned subsidiary, Park Bank.Founded in 1915, Park Bank is one of the largest independent commercial banks in Milwaukee with... Read Story
August 29, 2019, 07:15 AM


Cross Country Infrastructure Services, Inc. announced it has acquired Five Star Equipment Leasing & Rental, L.L.C. With the addition of Five Star, Cross Country gains an established equipment rental player in the central U.S. and at the crossroads of... Read Story
August 19, 2019, 07:00 AM


CIT Group Inc. and Mutual of Omaha (Mutual) announced a definitive agreement for CIT’s banking subsidiary, CIT Bank, N.A., to acquire Mutual’s savings bank subsidiary, Mutual of Omaha Bank, for a purchase price of $1 billion.The purchase price will... Read Story
August 13, 2019, 07:30 AM


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... Read Story
August 13, 2019, 07:20 AM


MRI Software announced it has acquired ProLease, a provider of lease administration, lease accounting, lease analysis and workplace management applications. ProLease's intuitive and comprehensive software suite extends MRI's corporate occupier and... Read Story
August 05, 2019, 07:05 AM


First Associates Loan Servicing, LLC announced it has closed an investment round with Stone Point Capital LLC. The Stone Point investment in First Associates is the culmination of years of partnerships with industry-leading clients, an ongoing... Read Story
July 23, 2019, 07:15 AM


Chemical Financial Corporation and TCF Financial Corporation announced the receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the proposed merger of equals in which TCF will merge into Chemical.The... Read Story
July 17, 2019, 07:25 AM


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... Read Story
July 11, 2019, 07:05 AM


First Financial Corporate Services, Inc. (FFCSI), a major independent provider of equipment leasing and financial solutions in the U.S. and Canada, announced the signing of a definitive acquisition agreement with JA Mitsui Leasing, Ltd. Under the... Read Story
June 13, 2019, 07:31 AM


BB&T Corporation and SunTrust Banks, Inc., announced Truist as the name for the combined company to be created through their merger of equals. Truist will be the sixth-largest U.S. bank holding company serving more than 10 million households in the U... Read Story
June 13, 2019, 07:30 AM


Chemical Financial Corporation and TCF Financial Corporation jointly announced that at separate special meetings, each company’s shareholders approved the proposed merger of equals in which TCF will merge into Chemical. The combined holding company... Read Story
June 10, 2019, 07:15 AM


An affiliate of Variant Equity Advisors, LLC (Variant Equity) announced the completed acquisition of Coach USA and Coach Canada, in which Wells Fargo Capital Finance (WFCF), a unit of Wells Fargo Commercial Capital, acted as administrative agent... Read Story
June 06, 2019, 07:15 AM


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... Read Story
May 20, 2019, 07:20 AM


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... Read Story
May 17, 2019, 07:25 AM


Equifax Inc., an Atlanta-based global data, analytics and technology company, has acquired PayNet, a company that provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and commercial finance... Read Story
April 29, 2019, 07:30 AM


Merchants Bank and The First National Bank of Northfield have reached a definitive agreement for Merchants to acquire the Northfield banking institution, according to Gregory M. Evans, President and CEO of Merchants Financial Group, Inc. and... Read Story
April 23, 2019, 07:15 AM


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... Read Story
April 09, 2019, 07:30 AM


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... Read Story
April 03, 2019, 07:30 AM


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... Read Story
March 22, 2019, 07:19 AM


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... Read Story
March 18, 2019, 07:30 AM


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... Read Story
March 11, 2019, 07:00 AM


Cooper Equipment Rentals Limited, an independent equipment rental company in Canada, announced it has acquired Prime Rentals Ltd.  Prime Rentals has two locations in Lethbridge and nearby Taber, Alberta. Prime Rentals was established in 1979, and... Read Story
March 05, 2019, 07:00 AM


Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced it has completed the previously announced acquisition of the asset-based and equipment finance lending businesses of Woodforest National Bank.The balance of... Read Story
March 04, 2019, 07:20 AM


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... Read Story
March 04, 2019, 07:10 AM


SunTrust Banks, Inc. and BB&T Corporation announced both companies' boards of directors have unanimously approved a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the... Read Story
February 07, 2019, 07:30 AM


Chemical Financial Corporation and TCF Financial Corporation announced the signing of a definitive agreement under which the companies will combine in an all-stock merger of equals transaction. Under the terms of the agreement, which was unanimously... Read Story
January 28, 2019, 07:30 AM


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... Read Story
January 24, 2019, 07:25 AM


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... Read Story
January 18, 2019, 07:30 AM


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... Read Story
January 14, 2019, 07:17 AM


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... Read Story
January 14, 2019, 07:00 AM


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... Read Story
January 03, 2019, 07:10 AM


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... Read Story
January 02, 2019, 07:20 AM


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... Read Story
December 26, 2018, 07:21 AM


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... Read Story
December 07, 2018, 07:15 AM


ENGS Commercial Finance Co. announced it has closed on the sale of all shares of ENGS to Mitsubishi UFJ Lease & Finance Company Limited (MUL).MUL is a prominent global leasing company with its headquarters in Tokyo and its principal shareholders... Read Story
December 05, 2018, 07:17 AM


Equitable Group Inc. announced it has reached an agreement to acquire Bennington Financial Services Corp., a profitable and growing privately owned company serving the brokered equipment leasing market in Canada.Bennington was founded in Oakville... Read Story
December 03, 2018, 07:30 AM


United Rentals, Inc. announced United Rentals of Canada, Inc., a wholly owned subsidiary of the company, has completed the previously announced acquisition of WesternOne Rentals & Sales LP for a cash purchase price of approximately $90.4 million.... Read Story
December 03, 2018, 07:05 AM


Lending technology firm White Clarke Group announced its acquisition of equipment finance software provider Insyston.Founded in 1998, Insyston is an end-to-end asset finance software provider based in Sydney, Australia. Insyston moved its asset... Read Story
November 02, 2018, 07:15 AM


United Rentals, Inc. announced it has completed its previously announced acquisition of BlueLine from Platinum Equity for a total purchase price of approximately $2.1 billion in cash. United Rentals used a combination of newly issued debt and bank... Read Story
November 01, 2018, 06:55 AM


ENGS Commercial Finance Co. announced its shareholders, led by Aquiline Capital Partners, a New York-based private-equity firm investing in financial services, has entered into an agreement to sell all shares of ENGS to Mitsubishi UFJ Lease & Finance... Read Story
October 29, 2018, 07:25 AM


KYN Capital Group Inc.'s Board of Directors announced the company has signed an agreement to acquire ATAX Cloud, a financial equipment leasing and tax preparation company. This subsidiary is a franchise that provides financial services, leasing, tax... Read Story
October 12, 2018, 06:50 AM


CIT Group Inc. announced it has completed the sale of NACCO, its European rail leasing business, for net proceeds of $1.1 billion based on current exchange rates. The sale was completed in two separate transactions and included approximately $1.2... Read Story
October 05, 2018, 07:20 AM


Celadon Group, Inc. announced it has entered into an agreement to sell its approximately 49.9 percent equity interest in 19th Capital Group, LLC to an affiliate of Element Fleet Management for nominal value. The sale is expected to close during the... Read Story
October 04, 2018, 07:26 AM


Lisa Rafter and Kate Majewski, owners of LK Consulting Partners LLC, have acquired Monitor, a leading source of news for the equipment finance industry, and Molloy Associates, an executive search firm serving employers in the equipment finance... Read Story
October 03, 2018, 08:10 AM


National Funding, one of the largest private fintech lenders of small and medium-sized business loans, announced it has purchased QuickBridge, a leading alternative financial services firm offering working capital to small businesses (SMB) nationwide... Read Story
October 03, 2018, 07:31 AM


Marlin Business Services Corp. announced it has acquired Fleet Financing Resources, LLC (FFR), a provider of equipment finance credit products focused on the commercial vehicle market.Exact terms of the transaction were not disclosed but Marlin... Read Story
September 20, 2018, 07:30 AM


United Rentals, Inc. and BlueLine Rental announced they have entered into a definitive agreement under which United Rentals will acquire BlueLine from Platinum Equity for approximately $2.1 billion in cash.The board of directors of United Rentals... Read Story
September 11, 2018, 07:12 AM


Q2 Holdings, Inc. has announced an agreement to acquire San Mateo, CA-based Cloud Lending, Inc., a privately held SaaS company that provides an integrated end-to-end lending and leasing platform.“By acquiring Cloud Lending, we will be able to help... Read Story
August 17, 2018, 07:00 AM


Dominion Leasing Software LLC announced it has acquired the assets of Seritus Solutions LLC, a provider of credit origination software and services.Seritus’ flagship product, Seritus-COS, provides an intelligent workflow process to automate the flow... Read Story
August 14, 2018, 07:10 AM


North Mill Equipment Finance LLC announced it has been acquired by an affiliate of Wafra Capital Partners Inc. (WCP).North Mill is an independent, small ticket equipment finance firm for essential-use commercial and industrial equipment, principally... Read Story
August 10, 2018, 07:25 AM


Huntington Bancshares Inc. announced the signing of a definitive agreement to purchase Chicago-based Hutchinson, Shockey, Erley & Co. (HSE). A public finance investment bank and broker-dealer, HSE is one of the nation’s largest securities firms... Read Story
August 10, 2018, 07:15 AM


WSFS Financial Corporation and Beneficial Bancorp, Inc. jointly announced the signing of a definitive agreement whereby WSFS will combine with Beneficial, in a transaction valued at approximately $1.5 billion.Concurrently with the acquisition... Read Story
August 09, 2018, 07:25 AM


Starwood Property Trust, Inc. announced it has entered into a definitive agreement to acquire GE Capital's Energy Financial Services' Project Finance Debt Business and loan portfolio for $2.56 billion, including $400 million of unfunded loan... Read Story
August 08, 2018, 07:20 AM


I Squared Capital (ISQ), an independent global infrastructure investment manager, has finalized the acquisition, through its ISQ Global Infrastructure Fund II, and acquired 100 percent interest in TIP Trailer Services, one of the leading pan-European... Read Story
August 08, 2018, 07:12 AM


Meta Financial Group Inc., the holding company for MetaBank, announced it completed the previously announced acquisition of Crestmark Bancorp Inc. and its Michigan state-chartered bank subsidiary, Crestmark Bank. Crestmark has provided... Read Story
August 02, 2018, 07:28 AM


Mckinney Trailer Rentals, a California-based provider of trailer rentals, leases and sales in the Western U.S and Texas, announced the acquisition of the assets of Fleet Trailer, LLC of Denver. Mckinney Trailer Rentals operates multiple branch... Read Story
July 24, 2018, 07:05 AM


People's United Bank, N.A., a subsidiary of People's United Financial, Inc., has acquired Vend Lease Company, a nationwide provider of equipment financing to suppliers and vendors primarily in the hospitality industry. Vend Lease, with headquarters... Read Story
July 20, 2018, 07:25 AM


Sandhills Publishing announced it has acquired Equipmentfacts, a New Jersey-based online bidding platform specializing in global solutions for equipment and truck auctions. The acquisition expands the portfolio of the Nebraska-based tech company... Read Story
July 17, 2018, 07:10 AM


Verdant Commercial Capital, LLC of Cincinnati announced it has acquired Intech Funding Corp. of Monrovia, Calif. Intech is focused on financing and leasing for manufacturing companies nationwide.Intech will operate as a wholly owned subsidiary of... Read Story
July 16, 2018, 07:25 AM


ABLE Equipment Rental, Inc. of NY announced it has purchased the aerial equipment assets and service operations of Mobile Lifts, Inc. of Norristown, Pa. The transaction will allow the facility to operate as the newest branch of ABLE Equipment Rental.... Read Story
July 13, 2018, 06:55 AM


Covenant Transportation Group, Inc. announced it has completed the acquisition of Landair Holdings, Inc. of Greeneville, Tenn., the holding company for Landair Transport, Inc. and Landair Logistics, Inc. in a $83 million deal.Landair is a dedicated... Read Story
July 06, 2018, 07:10 AM


United Rentals, Inc. and BakerCorp International Holdings, Inc. announced they have entered into a definitive agreement under which United Rentals will acquire BakerCorp for approximately $715 million in cash.The boards of directors of United Rentals... Read Story
July 03, 2018, 07:19 AM


Hilco Receivables and Hilco Industrial, both units of Hilco Global, announced they have acquired the extensive assets of the Edwards Brothers Malloy Printing Company.  The multi-million-dollar acquisition deal is a joint venture between the Hilco... Read Story
July 02, 2018, 07:05 AM


Meta Financial Group, Inc., the holding company for its federally chartered savings bank subsidiary, MetaBank, announced all necessary bank regulatory approvals relating to the acquisition of Crestmark Bancorp, Inc., the holding company for its... Read Story
June 29, 2018, 07:25 AM


WillScot Corporation (Williams Scotsman), a provider of modular space and portable storage solutions across North America, announced it has entered into a definitive agreement to acquire Modular Space Holdings, Inc. (ModSpace) for an enterprise value... Read Story
June 25, 2018, 07:10 AM


Rent-A-Center, Inc., a leader in the rent-to-own industry, announced that it has entered into a definitive agreement with Vintage Rodeo Parent, LLC, an affiliate of Vintage Capital Management, LLC, pursuant to which Vintage will acquire all of the... Read Story
June 25, 2018, 06:55 AM


RGCX, LLC announced it has been acquired by Corrum Capital. The acquisition provides RGCX with greater resources and flexibility in the railcar market and enables the company to pursue a long-term growth strategy. The new owner plans to fuel growth... Read Story
June 22, 2018, 07:20 AM


KeyBank announced the acquisition of a digital lending platform for small businesses created by Bolstr. The fintech software, expected to be implemented in 2018, will enable KeyBank to provide faster and easier access both to SBA loans and to... Read Story
June 21, 2018, 07:25 AM


Byline Bancorp, Inc., the holding company of Byline Bank, announced it has completed its acquisition of First Evanston Bancorp, Inc., the parent company of First Bank & Trust. As a result of the transaction, First Bank & Trust has merged into Byline... Read Story
June 08, 2018, 07:10 AM


Fora Financial announced it has acquired a significant stake in US Business Funding (USBF). The combination will create one of the largest, broadest reaching direct sales organizations in the small business alternative lending space, while deepening... Read Story
June 06, 2018, 07:23 AM


Meta Financial Group, Inc., the holding company for its federally chartered savings bank subsidiary, MetaBank, and Crestmark Bancorp, Inc., the holding company for its Michigan state-chartered bank subsidiary, Crestmark Bank, announced the results of... Read Story
May 30, 2018, 07:15 AM


Wabtec Corporation has entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Company. The combination will make Wabtec a Fortune 500, global transportation leader in rail equipment, software and services... Read Story
May 22, 2018, 07:24 AM


Fifth Third Bancorp and MB Financial, Inc. jointly announced the signing of a definitive merger agreement under which MB Financial will merge with Fifth Third in a transaction valued at approximately $4.7 billion. Approximately 90 percent of the... Read Story
May 21, 2018, 07:30 AM


Jeff Martin Auctioneers Inc. announced the integration of Martin & Martin Auctioneers of Pelzer, S.C. into its ongoing operations.The expansion will enable Jeff Martin Auctioneers, which has its headquarters in Brooklyn, Miss., to strengthen its... Read Story
May 21, 2018, 07:12 AM


HNA Group, a global Fortune 500 company focused on aviation and tourism, logistics and financial services, announced an agreement to sell TIP Trailer Services, a leading equipment service provider, to I Squared Capital, an independent global... Read Story
May 10, 2018, 07:22 AM


Wells Fargo & Company announced its Middle Market Banking division led a syndicated credit facility to support Foley Inc.’s acquisition of Giles & Ransome Inc. Specific terms were not disclosed. Foley, a regional Caterpillar dealer, acquired... Read Story
April 20, 2018, 07:25 AM


Alliance Capital Corporation (ACC) announce it has acquired Cardinal Business Financing Inc., a health care, hospitality and golf industry-focused vendor finance company based in Southbury, Conn. The transaction will add assets and expand Alliance... Read Story
April 11, 2018, 07:23 AM


Private equity investment firm Veritas Capital and General Electric Co. announced an affiliate of Veritas has entered into a definitive agreement with GE to acquire the Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory... Read Story
April 03, 2018, 07:30 AM


CNH Finance, L.P., a specialty finance company headquartered in Greenwich, Connecticut, announced the expansion of its national commercial healthcare lending capabilities with the acquisition of Triumph Healthcare Finance, a division of TBK Bank, SSB... Read Story
March 19, 2018, 07:30 AM


Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced it has entered into a definitive agreement to acquire Advantage Funding Management, a provider of commercial vehicle and transportation financing services.... Read Story
March 07, 2018, 07:30 AM


Meta Financial Group (“Meta”), the holding company for the federally chartered savings bank MetaBank, announced it has reached an agreement to acquire Crestmark Bancorp, Inc. (“Crestmark”), the holding company for the Michigan state-chartered bank... Read Story
January 10, 2018, 07:30 AM


United Community Banks (United) and NLFC Holdings Corp. (NLFC) announced a definitive agreement for United to acquire NLFC, including its wholly-owned subsidiary, Navitas Credit Corp. (“Navitas”). Headquartered in Ponte Vedra, Florida, Navitas is a... Read Story
January 09, 2018, 07:20 AM


ECN Capital Corp. announced that it has entered into a definitive agreement with Canadian Western Bank to sell all of the Company’s Canadian Commercial and Vendor (“C&V”) Finance assets for cash proceeds of approximately C$900 million, representing a... Read Story
October 31, 2017, 07:15 AM