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News Stories (37 Results) - Acquisitions

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., 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

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

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

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

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

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

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

Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement to acquire eOriginal, a leading provider of cloud-based digital lending software, for approximately $280 million in cash.The acquisition extends GRC Compliance Solutions’... Read Story
December 11, 2020, 07:20 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

Penske Logistics announced it has reached an agreement to acquire Chicago-based trucking company Black Horse Carriers, Inc. Financial terms were not disclosed.“The Penske organization has had a longstanding and valued relationship with Black Horse... Read Story
December 01, 2020, 07:05 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

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

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

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

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

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

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

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

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

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

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

Cooper Equipment Rentals Limited, the leading full-service construction equipment rental company in Canada, announced it has acquired Star Rentals Ltd.   Star Rentals is the largest independent equipment rental company in the Lower Mainland of... Read Story
January 22, 2019, 07:24 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

Great Western Leasing and Sales, LLC (GWLS) announced the acquisition of and All Points Equipment Leasing, LLC. All Points Equipment, based in Dearborn, MI, provides trailer rental, new and used trailer sales, repair and maintenance service, and over... Read Story
December 27, 2018, 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