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News Stories (165 Results) - Mergers & Acquisitions

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


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


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


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


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


Trace3 entered into a definitive agreement to purchase LaSalle Solutions, a business division of Fifth Third Bank, to further enhance the technology solutions portfolio available to clients of both companies, while also significantly increasing... Read Story
March 10, 2022, 07:23 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


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


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


M&T Bank Chairman and CEO René Jones released his letter to shareholders, an annual tradition featuring candid insights on the banking industry and the communities in which M&T operates. This year's letter explores the impact of the pandemic, the... Read Story
March 02, 2022, 07:19 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


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


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


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


Chesswood Group Limited and Rifco Inc., a Canadian alternative auto finance company, announced the successful completion of Chesswood's strategic acquisition of Rifco pursuant to the previously announced statutory plan of Arrangement under the... Read Story
January 18, 2022, 07:13 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


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


EquipmentShare, a fast-growing nationwide equipment rental company, announced it has completed an acquisition of equipment fleet and operations from six Trekker Tractor locations in the state of Florida including Miami, West Palm Beach, Orlando... Read Story
December 27, 2021, 07:12 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


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


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


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


Patriot National Bancorp, Inc., the parent company of Patriot Bank, N.A., and American Challenger Development Corp., announced they have entered into a definitive agreement under which Patriot will acquire American Challenger via a reverse subsidiary... Read Story
November 16, 2021, 07:12 AM


McCoy Group, Inc., a family-owned company based in Dubuque, IA, is expanding its business base with the purchase of eight John Deere Construction and Forestry stores serving Missouri, Illinois, Indiana and Kentucky from Erb Equipment Co., Inc. The... Read Story
November 16, 2021, 07:11 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


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


First Internet Bancorp, the parent company of First Internet Bank, announced it has entered into a definitive agreement to acquire First Century Bancorp, the parent company of First Century Bank, N.A.Headquartered in Roswell, GA, First Century is a... Read Story
November 03, 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


Herc Holdings Inc., a North American equipment rental supplier operating through Herc Rentals Inc., announced it has acquired substantially all the assets of Reliable Equipment, LLC, a New Hampshire-based equipment rental business with branch... Read Story
November 02, 2021, 07:15 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


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


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


White Oak Global Advisors (“White Oak”) has completed the acquisition of Finacity Corporation (“Finacity”) a global leader in working capital and trade finance funding solutions to global businesses.  Finacity originates, structures and places over... Read Story
September 21, 2021, 07:16 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


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


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


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


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


PNC Bank, N.A. announced regional leadership appointments across the state of Texas, where PNC now ranks fourth in deposit market share with its acquisition of BBVA USA. Completion of the acquisition was announced June 1, with PNC emerging as the... Read Story
June 29, 2021, 07:21 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


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


WSFS Financial Corporation and Bryn Mawr Bank Corporation jointly announced their respective stockholders approved the previously announced merger of BMTC into WSFS at a special meeting of stockholders for each company.“Stockholder approval from both... Read Story
June 11, 2021, 07:19 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