Twenty years of historical survey data reveal a clear trend: the U.S. M&A market is only as strong as the underlying economic conditions. This axiom is once again evident in Dykema's 20th Annual M&A Outlook Survey, where more than 200 senior...
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October 22, 2024, 08:12 AM
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A new survey from Grant Thornton shows that professionals in the mergers and acquisitions (M&A) space are predicting an increase in deal volume, even with the uncertainty of the looming U.S. presidential election.The survey, which polled 255 M&A...
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September 13, 2024, 08:15 AM
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B. Riley Financial announced it has acquired the assets of Interface Consulting International, Inc., a leading engineering and construction consulting and expert services firm.Interface Consulting specializes in troubled projects, from providing...
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A new survey from Grant Thornton shows that mergers and acquisitions (M&A) professionals are highly optimistic about the state of dealmaking. The survey, which polled 238 M&A professionals, found that 81% of respondents expect deal volume to increase...
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Citizens’ 2024 M&A Outlook revealed optimism around the environment for dealmaking activity this year, underpinned by solid expectations for the U.S. economy and a pop in enthusiasm, especially among buyers. The annual survey of 400 leaders at U.S....
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January 11, 2024, 08:00 AM
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A new Grant Thornton survey of merger and acquisition (M&A) professionals found that after a lengthy period of respite, M&A activity is expected to rebound in the second half of this year. The survey, which polled 150 U.S.-based M&A professionals...
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September 01, 2023, 08:04 AM
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Monroe Capital has completed the acquisition of Horizon Technology Finance Management LLC (“Horizon”), a market leader in venture debt lending. Horizon is the investment adviser to Horizon Technology Finance Corporation. Horizon is a leading...
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Capstone Partners released its Q1 2023 Capital Market Update, reporting that total middle market merger and acquisition (M&A) volume declined 14.3% year-over-year (YOY) in Q1 2023 as macroeconomic headwinds caused a slowdown in dealmaking. However...
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Riveron, a national business advisory firm focused on the office of the CFO, private equity, and other capital providers, entered into a definitive agreement to be acquired by affiliates of Kohlberg & Company. H.I.G. Capital will continue its...
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Rosenthal & Rosenthal Southeast, a wholly-owned subsidiary of Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced it has...
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Clifford Chance advised Sealed Air Corporation on the financing aspects for its US$1.15 billion acquisition of Liqui-Box, IncClifford Chance helped Sealed Air with the debt financing and refinancing aspects in acquiring all of the issued and...
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Citizens M&A Advisory served as the financial advisor to Isos Technology on its acquisition of HyperVelocity, an Atlassian professional services firm with more than 49 Atlassian-accredited specialists. This follows Isos Technology’s recent...
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MidCap Financial completed an acquisition of a significant portion of Sector Financial’s managed Healthcare Asset Based Lending portfolio, totaling over $500 million in commitments and over $300 million in funded assets.“We are pleased to expand our...
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February 28, 2023, 08:02 AM
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BlueCove Limited, the London-based scientific fixed income manager, and Ares Management Corporation, a leading global alternative investment manager, have reached an agreement under which Ares will acquire a minority equity stake in BlueCove with...
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February 28, 2023, 07:30 AM
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Monroe Capital has entered into a definitive agreement to acquire Horizon Technology Finance Management LLC, (“Horizon”). Horizon is the investment advisor to Horizon Technology Finance Corporation. As a pioneer in venture lending, Horizon has...
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February 23, 2023, 08:00 AM
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B. Riley Financial announced that it has acquired the corporate division of Farber Group (‘Farber”), a Toronto-based restructuring and business advisory firm.Farber provides corporate restructuring and related advisory services, M&A corporate finance...
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February 22, 2023, 07:43 AM
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Mitsubishi HC Capital Inc., Representative Director, President & CEO: Takahiro Yanai), announced that it will integrate three group companies in the United States (the “Integration”): Mitsubishi HC Capital America, Inc., Mitsubishi HC Capital...
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February 14, 2023, 07:25 AM
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MetLife Investment Management (MIM), the institutional asset management business of MetLife, entered into a definitive agreement to acquire Raven Capital Management, a privately-owned alternative investment firm. As of December 31, 2022, Raven’s...
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February 08, 2023, 08:05 AM
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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...
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January 11, 2023, 07:50 AM
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Renasant Corporation announced that effective December 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...
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January 04, 2023, 08:00 AM
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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...
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November 07, 2022, 08:02 AM
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A new Grant Thornton survey of merger and acquisition (M&A) professionals finds that almost three-fourths (72%) expect deal volume to increase over the next six months, despite rising interest rates threatening access to capital and uncertainty about...
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November 01, 2022, 07:45 AM
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eCapital Corp., a leading 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 Monday, May...
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Oxford Commercial Finance ("OCF"), a wholly owned subsidiary of Oxford Bank, announced the acquisition of the assets of FSW Funding and the hiring of their entire team. Ms. Robyn Barrett, Owner and Managing Member of FSW Funding, will join the OCF...
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B. Riley Financial has agreed to acquire FocalPoint Securities, LLC, a leading independent investment bank based in Los Angeles, for total consideration of up to $175 million. The transaction, which will create revenue synergies for both companies...
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January 19, 2022, 07:50 AM
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HYPERAMS announced that Buffalo, NY based Blackbird Asset Services 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 manage...
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January 11, 2022, 07:44 AM
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Spouting Rock Asset Management announced an agreement to merge with Old Hill Partners Inc. (Old Hill), an alternative asset manager focused on asset-based lending transactions with small- and medium-sized businesses. A newly formed subsidiary of...
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January 10, 2022, 08:06 AM
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Franklin BSP Lending Corporation (“FBLC”) and Franklin BSP Capital Corporation (“FBCC”), business development companies advised by affiliates of Benefit Street Partners L.L.C. (“BSP”), announced the acquisition of substantially all of the equity...
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January 05, 2022, 08:03 AM
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CIFC Asset Management has entered into an agreement to acquire LBC Credit Partners (“LBC”), a leading middle market direct lending platform. CIFC’s acquisition of LBC follows a series of positive developments for the firm, which in 2021 grew its...
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December 13, 2021, 08:15 AM
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SG Credit Partners announced its acquisition of Stonegate Capital Holdings (“Stonegate”) and its entry into asset-based lending with a focus on high-growth consumer and recurring revenue verticals. Stonegate will operate independently as a new...
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November 02, 2021, 08:00 AM
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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....
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October 21, 2021, 07:40 AM
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According to a recent survey by Grant Thornton LLP, the majority of merger and acquisition (M&A) dealmakers expect a surge in deal volume, especially in the technology, retail, hospitality and insurance industries.For this survey of M&A professionals...
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September 23, 2021, 08:04 AM
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Houlihan Lokey acquired boutique advisory firm Baylor Klein as it continues to grow its Corporate Finance business in Europe.Founded in 2008 by Managing Director Tim Leach, Baylor Klein specialises in providing M&A and corporate finance advisory...
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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...
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Citizens M&A Advisory served as the exclusive financial advisor to Simple Admit, a leading provider of automated patient relationship management solutions for surgery centers, on its merger with HST Pathways, a Bain Capital portfolio company and...
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Marlin Business Services Corp., a nationwide provider of capital solutions to small businesses, announced that it has entered into a definitive agreement in which HPS Investment Partners LLC will, through its European Asset Value Funds, acquire all...
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Citizens M&A Advisory served as the exclusive financial advisor to Air Purchases of New Hampshire, Inc. (“API”) in its sale to Munch’s Supply, a portfolio company of Charlotte-based Ridgemont Equity Partners.Headquartered in Manchester, N.H., API is...
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Citizens M&A Advisory served as the exclusive financial advisor to Thought Logic Consulting, a leading business and technology transformation consulting firm with offices in Atlanta, GA, and Richmond, VA, on its significant growth capital investment...
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February 16, 2021, 05:00 AM
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Citizens M&A Advisory served as the exclusive financial advisor to Candid Partners, a leading tech-enabled, multi-cloud consulting firm, on its sale to McKinsey & Company, a global management consulting firm. Founded in 2013 in Atlanta, Candid is the...
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February 10, 2021, 07:33 AM
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Citizens M&A Advisory served as the financial advisor to Leadec in its acquisition of Diversified Automation, Inc. Founded in 2002, Diversified Automation is a leading automation controls and software solution provider to the express parcel industry....
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February 05, 2021, 07:30 AM
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An improved public health environment and the possibility of higher capital gains taxes will likely drive increased merger and acquisition activity in 2021, according to Citizens’ 2021 Middle Market M&A Outlook. Companies will rely on M&A for growth...
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January 27, 2021, 08:35 AM
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Perella Weinberg Partners (“PWP”), a leading global independent advisory firm, and FinTech Acquisition Corp. IV, a special purpose acquisition company, have entered into a definitive business combination agreement. Upon closing of the transaction...
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December 30, 2020, 08:33 AM
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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...
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December 14, 2020, 08:50 AM
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The growing trend of mergers among rated business development companies (BDCs) has generally improved portfolio diversification, increased first-lien exposures, built asset coverage cushions through lower leverage and should broaden funding profiles...
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December 02, 2020, 08:44 AM
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The PNC Financial Services Group, Inc. and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, S.A. announced that they have signed a definitive agreement for PNC to acquire BBVA USA Bancshares, Inc., including its U.S. banking subsidiary...
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November 16, 2020, 08:40 AM
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In the midst of the COVID-19 pandemic and just a year after tempering expectations for deal-making, respondents to Dykema’s 16th Annual M&A Outlook Survey are the most optimistic they have been in the 16-year history of the survey.Seventy-one percent...
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October 28, 2020, 08:44 AM
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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...
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October 16, 2020, 08:33 AM
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Helios Technologies, a global industrial technology leader that develops and manufactures solutions for both the hydraulics and electronics markets, has entered into a definitive agreement to acquire BWG Holdings I Corp., operating as Balboa Water...
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October 12, 2020, 08:00 AM
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Despite ongoing economic uncertainty amidst a global pandemic, many dealmakers remain optimistic about the outlook for the year ahead as they increasingly pursue alternative merger and acquisition (M&A) methods to navigate the crisis and pursue new...
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October 06, 2020, 09:05 AM
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StreetTrend LLC announced that it has acquired the European based sneaker brand P448 from NoThanks SpA, headquartered in Forli, Italy. The new consolidated entity will be called P448 SpA and will become part of the StreetTrend portfolio of footwear...
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October 02, 2020, 08:00 AM
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Devon Energy and WPX Energy announced they have entered into an agreement to combine in an all-stock merger of equals transaction. The strategic combination will create a leading unconventional oil producer in the U.S., with an asset base underpinned...
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September 28, 2020, 08:00 AM
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Leading lower-middle-market private equity firm Huron Capital announced today that its full-service insurance brokerage platform, High Street Insurance Partners, has acquired Tracy, Driscoll & Co., Inc. and Millennium Alliance Group, LLC.Both...
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September 18, 2020, 09:05 AM
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Ares Commercial Finance announced that it has provided a senior secured credit facility to support Atar Capital’s acquisition of WinCup.Headquartered in Georgia, WinCup employs nearly 1,000 people across eight manufacturing facilities that provide...
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September 16, 2020, 08:00 AM
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Cowen Inc. announced that it has signed a definitive agreement to acquire substantially all of the assets of MHT Partners, LP (“MHT Partners”), an investment bank focused on representing innovative companies in growing markets. Based primarily in...
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September 15, 2020, 08:55 AM
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Fifth Third Business Capital served as lead lender and administrative agent on a $13 million senior credit facility designed to facilitate the acquisition of Donnelly Custom Manufacturing by Akoya Capital Partners, LLC and will assist the company...
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September 03, 2020, 09:04 AM
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Graycliff Partners LP announced that it has completed the acquisition of Gerard Daniel Worldwide, a leading manufacturer and distributor of wire mesh and other wire products used in a variety of applications and end markets, marking its initial...
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September 02, 2020, 08:51 AM
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Gogo Inc. announced it has entered into a definitive agreement to sell its Commercial Aviation (CA) business to Intelsat S.A. for $400 million in cash, subject to customary adjustments.The Gogo Board of Directors has approved the transaction....
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September 01, 2020, 08:00 AM
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eCapital Corp. has acquired the factoring portfolio of REV Finance Group Inc., an affiliate of Roly’s Trucking Inc. and R.E.G. Logistics Inc., a Los Angeles-based family of transportation, warehousing and logistics companies. Roly’s Trucking was...
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August 26, 2020, 08:45 AM
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Fifth Third Bank, National Association, announced that it served as financial advisor to Radio Systems Corporation in its acquisition by Clayton, Dubilier & Rice.Fifth Third Business Capital acted as lead lender and administrative agent for the asset...
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August 07, 2020, 08:59 AM
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Truist Financial Corporation (NYSE: TFC) announced that its corporate and investment banking businesses, SunTrust Robinson Humphrey and BB&T Capital Markets, have integrated and are now doing business as Truist Securities."Truist Securities combines...
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August 04, 2020, 09:05 AM
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Exantas Capital Corp. announced that ACRES Capital Corp. through its subsidiary, ACRES Capital, LLC, has acquired the Company's Management Agreement from an affiliate of C-III Capital Partners ("C-III"). In addition, the Company has entered into...
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August 03, 2020, 08:45 AM
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Enova International and OnDeck®, announced that they have entered into a definitive agreement under which Enova will acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million. The implied price of $1...
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Antares announced that it served as sole lead arranger and sole lender on $65 million in senior secured credit facilities to support the acquisition of Metal Era by GreyLion Capital.Founded in 1980 in Waukesha, WI, Metal Era is a manufacturer of high...
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White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC, announced it increased funding on its $75MM asset-based credit facility by $6MM with Hunt & Sons Inc. (Hunt), a third-generation, family-owned diversified petroleum...
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lululemon athletica inc. announced that it has entered into a definitive agreement to acquire MIRROR, a leading in-home fitness company that created an interactive workout platform that features live and on-demand classes, for a purchase price of...
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Troutman Sanders and Pepper Hamilton officially became Troutman Pepper (Troutman Pepper Hamilton Sanders LLP), a national law firm with 1,100 attorneys in 23 U.S. cities. The new firm offers clients greater resources and bench strength, enhanced...
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Ares Management Corporation announced that its subsidiary, Ares Holdings L.P., has completed its previously disclosed acquisition of a controlling interest in SSG Capital Holdings Limited and its operating subsidiaries (collectively, “SSG”), a...
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A Haynes and Boone, LLP team represented Capitol Peak Partners, LLC in its winning, joint bid with KKR & Co. to acquire Borden Dairy Company as a part of the milk producer’s 363 sales process to sell its assets out of bankruptcy. Haynes and Boone M&A...
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Houlihan Lokey has agreed to acquire MVP Capital (MVP), an independent advisory firm that provides a range of advisory services to clients in the technology, media, and telecom (TMT) sector. The transaction, signed June 23, adds substantially to the...
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Garrison Capital Inc. (GARS) and Portman Ridge Finance Corporation (PTMN) announced that they have entered into a definitive agreement under which Garrison will merge with and into Portman Ridge, a business development company managed by Sierra Crest...
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B. Riley Financial, Inc. announced it has completed an acquisition of substantially all of the assets of Alderney Advisors, LLC ("Alderney"), a leading business advisory services firm based in the greater Detroit, Michigan region. The transaction...
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BlackArch Partners announced that it advised on the sale of X-Chem, Inc., from an affiliate of The Carlyle Group and Hellman & Friedman, to GHO Capital Partners LLP (GHO).X-Chem is an industry-leading provider of DNA-Encoded Library (DEL)-based...
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WhiteHorse Capital, the direct lending affiliate of H.I.G. Capital ("H.I.G."), a leading global private equity and alternative assets investment firm with $37 billion of equity capital under management, provided a new senior secured term loan...
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SC&H Capital, a leading investment bank specializing in M&A advisory, announced it acted as the exclusive investment banker to Beef International, Inc. (“Beef International”) in the sale of its equipment and inventory assets to RKW Holdings, LLC...
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In a time of turmoil, Gibraltar Business Capital funded an acquisition for a new client via an $18 million line of credit. The transaction was initiated by a family office investor group.No Time to WaitThe family office acquired two refrigeration...
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LBC Small Cap, an affiliate of LBC Credit Partners, recently provided financing solutions to support the growth of two U.S.-based lower middle market companies.LBC Small Cap provided a secured mezzanine investment to support the acquisition of SIB...
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Yukon Partners, a provider of mezzanine capital for middle market private equity transactions, announced its support of ECM Industries, a portfolio company of Sentinel Capital Partners, in its acquisition of ILSCO.Headquartered in New Berlin...
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Monroe Capital LLC announced it acted as Co-Syndication Agent in the funding of a senior credit facility and equity co-investment to support the acquisition of Kindeva Drug Delivery L.P. (“Kindeva”) by Altaris Capital Partners.Based outside of St....
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US Foods Holding Corp. announced that it has successfully completed the previously announced $970 million all cash acquisition of Smart Foodservice Warehouse Stores ("Smart Foodservice"). The transaction that closed today excludes the Smart & Final...
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Citizens M&A Advisory served as co-lead advisor to CareerBuilder, a global technology company that provides end-to-end talent acquisition solutions, on its sale of CareerBuilder Employment Screening to Accurate Background, a leading provider of...
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Boathouse Capital announced that its portfolio company, Accurate Background, "Accurate", has acquired CareerBuilder Employment Screening, "CBES", from CareerBuilder. The combined entity will operate under the Accurate Background brand and creates a...
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Tengram Capital Partners announced that it has closed on the acquisition of the hair care and skin cleansing business of High Ridge Brands Co, establishing a new platform investment for Tengram in a consumer-focused hair and skin category.Tengram...
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Chiron Financial served as exclusive financial advisor and placement agent for SMG Industries, Inc. in its acquisition of 100% of the membership interests of 5J Oilfield Services LLC (“5J Oilfield”) and 5J Trucking LLC (5J Trucking”), both Texas...
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Shaw Development, LLC (“Shaw”) by private equity sponsor Monomoy Capital Partners.Founded in...
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Unisys Corporation, a leader in digital transformation solutions, entered into a definitive agreement to sell the company's U.S. Federal business to Science applications International Corp. (SAIC) for $1.2 billion. The transaction multiple of...
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NXT Capital announced that it closed a senior credit facility to finance The CapStreet Group and Ridgemont Equity Partners’ merger of Marco Group International and APE Companies.NXT Capital acted as the Joint Lead Arranger, Sole Bookrunner and U.S....
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Varagon Capital Partners (Varagon) announced it is serving as Administrative Agent, Joint Lead Arranger and Joint Bookrunner on a senior secured credit facility to support the acquisition of ALC Schools, LLC by affiliates of Palladium Equity Partners...
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Monroe Capital LLC (Monroe) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Shaw Development, LLC (Shaw) by private equity sponsor Monomoy Capital...
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Access Point Financial, LLC (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, has signed an agreement with Hitalk Hotels to provide financing for the company’s acquisition of the Hyatt Place...
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Global Merchant Fund Corp. (GMF), a leading North American provider of financial solutions for middle-market companies, announced the acquisition of Bibby Financial Services (Holdings) Inc. (Bibby NAM). Bibby NAM is the North American operation of...
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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...
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February 28, 2020, 08:50 AM
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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...
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February 27, 2020, 09:15 AM
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Monroe Capital announced the acquisition and recapitalization of Ascent Behavioral Health (“Ascent”), in partnership with Cimarron Healthcare Capital and Ascent’s management team. Monroe Capital acted as sole lead arranger and administrative agent...
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February 27, 2020, 09:12 AM
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With acquisition financing provided by Tiger Capital Group, the brand-investment platform Go Global Retail has completed its purchase of digitally native fashion retailer ModCloth from Walmart Stores, Inc.Go Global announced the move this past...
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February 21, 2020, 08:55 AM
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Business brokers expect a healthy M&A market in 2020 with 55% of advisors predicting the volume of deals (under $50 million) will increase in the next 12 months according to the Q4 2019 Market Pulse Report published by the International Business...
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February 14, 2020, 09:10 AM
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Citizens Financial Group, Inc. today announced a definitive agreement to purchase the assets of Trinity Capital, a Los Angeles-based advisory firm that delivers a range of financial services to commercial clients. This transaction, which follows...
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February 13, 2020, 09:15 AM
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The start of the new decade could herald the beginning of a renewed period of growth for global M&A activity. According to the latest issue of the SS&C Intralinks Deal Flow Predictor report, the worldwide number of announced M&A deals in the first...
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February 12, 2020, 09:05 AM
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Pacific Premier Bancorp, Inc. announced it has entered into a definitive agreement under which Pacific Premier will acquire Opus Bank in an all-stock transaction valued at approximately $1.0 billion, or $26.82 per share, based on a closing price for...
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February 03, 2020, 09:10 AM
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SSG Capital Advisors, LLC ("SSG") acted as the investment banker to Atlantic Carbon Group Plc ("Atlantic Carbon" or the "Company") in the sale of its equity interests to ACG Holdco, LLC, an affiliate of White Oak Global Advisors, LLC ("White Oak")....
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January 31, 2020, 09:10 AM
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TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF), announced that it provided $14 million in secured financing to support Wincove Private Holdings’ (Wincove) portfolio company, Aloi...
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January 31, 2020, 09:00 AM
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Varagon Capital Partners (Varagon) announced it is serving as Administrative Agent and Lead Arranger on a senior secured credit facility to support the acquisition of EPTAM Precision Solutions by Frazier Healthcare Partners (Frazier).Founded in 1981...
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January 30, 2020, 08:00 AM
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Comtech Telecommunications Corp. and Gilat Satellite Networks Ltd. jointly announced that Comtech has agreed to acquire Gilat in a cash and stock transaction for $10.25 per Gilat ordinary share of which 70% will be paid in cash and 30% in Comtech...
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January 29, 2020, 08:55 AM
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Varagon Capital Partners (Varagon) today announced it is serving as Administrative Agent, Joint Lead Arranger and Sole Bookrunner on a senior secured credit facility to support the acquisition of Accupac by an affiliate of Palladium Equity Partners...
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January 28, 2020, 08:57 AM
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Business leaders surveyed by Citizens Commercial Banking are feeling less urgency to engage in mergers and acquisitions, but sellers with standout businesses can still expect a relatively strong year.Survey respondents see companies relying more on...
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January 27, 2020, 09:10 AM
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SSG Capital Advisors, LLC (SSG) acted as the investment banker to Papa Grande Gourmet Foods, LLC d/b/a Garcia Foods in the sale of substantially all of its assets to an affiliate of Mission Consumer Capital, LLC. The sale was effectuated through a...
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January 24, 2020, 09:05 AM
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BMO Financial Group announced that it has entered into a definitive agreement to acquire Clearpool Group Inc., a New York -based provider of holistic electronic trading solutions and an independent agency broker-dealer operating in the U.S. and...
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January 24, 2020, 08:55 AM
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Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided unitranche financing to support the acquisition of Highcare by Bencis. Crescent has also provided an...
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January 23, 2020, 08:00 AM
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Ares Management Corporation (“Ares”) announced that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire a controlling interest in SSG Capital Holdings Limited and its operating subsidiaries (collectively, “SSG”), a...
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January 21, 2020, 09:10 AM
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Aflac Global Investments, the asset management subsidiary of Aflac Incorporated, announced it has entered into a definitive agreement to purchase a significant non-controlling minority interest in Varagon Capital Partners, L.P. (Varagon), a direct...
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January 13, 2020, 09:10 AM
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Varagon Capital Partners (Varagon) announced it is serving as Administrative Agent and Joint Lead Arranger on a senior secured credit facility to support the acquisition of Easy Ice, LLC (Easy Ice) by Freeman Spogli & Co. Founded in 2009 and...
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January 10, 2020, 08:55 AM
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Merchant Cash Advance Provider and Small Business Servicing Company Primary Capital Funding announced their acquisition of a division of Infinity Capital Funding. The acquisition will enable Primary Capital Funding to expand its mission to help...
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January 07, 2020, 08:55 AM
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Piper Jaffray Companies and Sandler O’Neill + Partners, L.P. today announced the completion of their merger to become Piper Sandler Companies. The resulting company represents one of the broadest and most capable full-service investment banking...
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January 06, 2020, 09:10 AM
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CIT Group Inc. announced that its banking subsidiary, CIT Bank, N.A., completed the acquisition of Mutual of Omaha Bank on Jan. 1, 2020. This transaction advances CIT's strategic plan through the addition of a stable, lower-cost homeowner association...
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January 02, 2020, 09:00 AM
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BancorpSouth Bank has completed its previously announced merger with Texas First Bancshares, Inc., the parent company of Texas First State Bank (collectively referred to as "Texas First"), effective January 1, 2020."We're delighted to announce the...
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January 02, 2020, 08:00 AM
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Franchise Group Inc. (FRG) agreed to buy American Freight Group Inc., a retail chain offering brand-name furniture, mattresses and home accessories at discount prices, in an all cash transaction valued at about $450 million from an affiliate of The...
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December 30, 2019, 09:00 AM
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Riveron, a national business advisory firm specializing in accounting, finance and operations, announced its acquisition of Conway MacKenzie, a leading turnaround, restructuring and operational improvement firm.
With the addition of Conway MacKenzie...
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December 24, 2019, 08:00 AM
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Tree Line Capital Partners, LLC, a direct lender focused on the lower middle market, provided a first lien term loan and equity co-investment to support Advice Media, LLC’s acquisition of Page 1 Solutions, LLC.Advice Media, based in Park City, UT...
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December 20, 2019, 08:00 AM
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FS/KKR Advisor, LLC (FS/KKR), a partnership between FS Investments and KKR Credit Advisors (US) LLC, announced the closing of the mergers of four non-traded business development companies (BDCs): FS Investment Corporation II (FSIC II), FS Investment...
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December 19, 2019, 09:00 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the merger of Anova and Silicon Controls, an existing portfolio company of FFL Partners.Based in New Providence...
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December 17, 2019, 08:45 AM
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B. Riley Principal Merger Corp., a special purpose acquisition company ("SPAC") sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY) ("B. Riley Financial"), and Alta Equipment Holdings Inc. ("Alta"), a leading provider of premium...
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December 13, 2019, 09:00 AM
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Working capital finance software provider, HPD LendScape, has acquired leading software implementation, Finaptix, in a move to address the asset finance sector, extending its LendScape platform to all forms of secured lending. The deal adds industry...
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December 11, 2019, 09:00 AM
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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...
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December 09, 2019, 10:15 AM
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Varagon Capital Partners (Varagon) announced it is serving as Administrative Agent, Lead Arranger and Bookrunner on a senior secured credit facility to support the acquisition of AIM MRO by AE Industrial Partners, LP (AEI).Headquartered in Miamiville...
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December 06, 2019, 08:45 AM
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Republic Business Credit (“Republic”) further expanded its business finance platform with the acquisitions of Continental Business Credit (“CBC”) and Fast A/R Funding. Republic partnered with CBC’s CEO, Matt Begley, to transfer substantially all of...
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December 03, 2019, 08:50 AM
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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...
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November 27, 2019, 08:50 AM
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CIT Group Inc. announced that the Office of the Comptroller of the Currency (OCC) has provided regulatory approval for Mutual of Omaha Bank to be merged into CIT's banking subsidiary, CIT Bank, N.A. Subject to the receipt of certain other regulatory...
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November 20, 2019, 08:50 AM
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Calero Software and MDSL, two high growth software providers in the recurring Technology Expense Management space, announced plans to merge. Oak Hill Capital will make a significant new investment—joining Riverside Partners, Calero's existing...
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November 19, 2019, 08:50 AM
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LBC Small Cap, an affiliate of LBC Credit Partners, provided a senior secured term loan and equity co-investment to support the acquisition of Auchinachie by Astar Heating & Air ("Astar"), a portfolio company of Dubin Clark & Company ("Dubin...
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November 11, 2019, 08:50 AM
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Fifth Third Business Capital, a division of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a new $9,417,500 senior credit facility to Bensenville, Illinois-based Amglo Kemlite Laboratories, Inc. Fifth...
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November 08, 2019, 08:55 AM
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Citizens Commercial Banking announced that its Commercial Real Estate Finance team is providing a $138 million loan to Washington, D.C.-based DSC Partners, a real estate investment company founded in 2017 by former First Potomac Realty Trust...
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November 07, 2019, 08:45 AM
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Greystone, a national commercial real estate lending, investment, and advisory company, announced it has provided a $15,375,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to finance the acquisition of a 184-unit multifamily property...
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November 07, 2019, 08:40 AM
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SSG Capital Advisors, LLC (SSG) acted as the investment banker to Walle Corporation in the sale of substantially all of its assets to Fort Dearborn, a portfolio company of Advent International. The transaction closed in October 2019.Headquartered in...
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November 01, 2019, 08:50 AM
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The availability of abundant private capital and credit is fueling strong M&A activity, along with the ability for business owners to raise funds for growth. But the equity market offers challenging times ahead. These are some of the perspectives...
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October 29, 2019, 09:00 AM
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SSG Capital Advisors, LLC ("SSG") acted as the investment banker to THG Holdings LLC ("True Health" or the "Company") in the sale of select assets to Cleveland HeartLab, a wholly-owned subsidiary of Quest Diagnostics ("Quest"). The sale was...
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October 18, 2019, 08:45 AM
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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...
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October 08, 2019, 08:55 AM
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The Garrington Group of Companies announced the purchase of the assets of Liquid Capital Corp. via the Garrington subsidiary Liquid Capital Enterprises. Garrington also announce the launch of IconiQ Finance and Blacksail Capital Partners.The purchase...
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October 08, 2019, 08:53 AM
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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...
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October 02, 2019, 09:00 AM
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Parker Hannifin Corporation, a global leader in motion and control technologies, completed its acquisition of Exotic Metals Forming Company LLC for $1.725 billion in cash. Exotic is a manufacturer of innovative and technically demanding...
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September 17, 2019, 08:45 AM
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NXT Capital announced that it has closed a $220 million senior secured credit facility to support New Mountain Capital’s acquisition of Ontario Systems. NXT Capital acted as the Joint Lead Arranger, Joint Bookrunner and Administrative Agent for this...
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September 12, 2019, 08:45 AM
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The Antares Bain Capital Complete Financing Solution (ABCS), a joint venture between Antares and Bain Capital Credit, announced the closing of a senior secured unitranche credit facility to support the acquisition of Ventiv Technology by Tailwind...
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September 11, 2019, 09:00 AM
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Abacus Finance Group, LLC, a provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA, today announced that it served as Administrative Agent and Sole Lender for senior secured...
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September 09, 2019, 08:55 AM
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North Mill Capital, a wholly owned subsidiary of Solar Senior Capital, has acquired Summit Financial Resources, a provider of factoring services across the U.S. Founded in 1994 and based in Salt Lake City, Utah, Summit has built a diversified...
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September 09, 2019, 08:45 AM
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In connection with the closing of its merger with WageWorks, Inc., HealthEquity entered into a Credit Agreement among HealthEquity, as borrower, and Wells Fargo Bank, N.A., as administrative agent. The five-year senior secured term loan A facility...
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September 03, 2019, 08:37 AM
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Foley Holdings, a portfolio company of Greyhawk Capital Management, announced a definitive agreement to sell its Factoring business, Foley Business Capital, LLC, to Vero Business Capital, LLC, which is based in Memphis, TN.Foley Holdings' Chief...
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August 30, 2019, 09:00 AM
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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...
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August 30, 2019, 08:50 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Lone Star Disposal, L.P., Delta Waste Services, L.P., and Tanner Road Facility, L.P....
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August 27, 2019, 08:50 AM
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Syncsort, a global leader in Big Iron to Big Data software, today announced it has signed a definitive agreement to acquire Pitney Bowes’ Software Solutions business. Together, Syncsort and the Pitney Bowes software & data business becomes one of the...
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August 26, 2019, 08:55 AM
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NXT Capital announced that it has provided a senior credit facility to support Tenex Capital Management’s acquisition of Big Bolt.NXT Capital acted as the Joint Lead Arranger, Sole Bookrunner and Administrative Agent for this transaction.“The NXT...
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August 22, 2019, 08:40 AM
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Challenging business conditions and the availability of cheap debt financing will drive M&A among global reinsurers for the next few years, according to a new report from S&P Global Ratings.The rating agency expects companies with narrow business...
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August 16, 2019, 08:55 AM
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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...
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August 13, 2019, 09:00 AM
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North Mill Capital, a wholly owned subsidiary of Solar Senior Capital, announced the acquisition of Summit Financial Resources, a provider of factoring services across the U.S. Founded in 1994 and based in Salt Lake City, UT, Summit has built a...
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August 13, 2019, 08:50 AM
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PNC Bank, National Association, announced the closing of a $235 million senior secured credit facility to support New York-based KPS Capital Partners’ (KPS) acquisition of Life Fitness.Life Fitness is the global leader in commercial fitness equipment...
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August 08, 2019, 08:55 AM
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The London Stock Exchange's (LSE) proposed acquisition of Refinitiv reflects increased M&A interest in data and analytics due to the increasing strategic value of data layers to customers and the margin and cash flow benefits of subscription-based...
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August 07, 2019, 09:00 AM
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BDO USA, LLP, one of the nation’s leading accounting and advisory firms, announced the acquisition of Loughlin Management Partners & Co, Inc. (“LM+Co”), a boutique business advisory firm focused on corporate restructuring and turnaround services...
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Monroe Capital LLC announced an increase in its credit facility to Prototek to support the acquisition of Cal-X, Inc. (Cal-X), an existing portfolio company of CORE Industrial Partners.Founded in 2002 and headquartered in Wisconsin, Cal-X offers...
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New York-based Sterling Bancorp may announce a portfolio acquisition by the end of the year, according to an analysis of the group's second-quarter earnings call by S&P Global Market Intelligence.S&P's Carolyn Durent writes that President and CEO...
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Recorded Future by private equity sponsor Insight Partners.Headquartered in Boston...
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Monroe Capital LLC announced that on July 11, 2019, Monroe closed a $25 million private investment in a public equity (PIPE) transaction, which was previously announced on May 9, 2019, supporting the successful close of the business combination of...
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Capital One announced today that it served as administrative agent for a senior secured credit facility to finance Cove Hill Partners’ acquisition of LiveAuctioneers. The transaction consists of a five-year revolver and a six-year term loan held by...
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Citizens Commercial Banking led a new credit facility for United Kingdom-based Bromford Industries, a leading supplier of complex, close tolerance engine components, fabrications and assemblies for the global aerospace and power generation industries...
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Capital One Sponsor Finance announced that it led a $500 million senior credit facility in support of the merger between American Mortgage Consultants (AMC) and Situs Holdings, both existing portfolio companies of Stone Point Capital (SPC). Capital...
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FTI Consulting, Inc. announced that it has entered into a definitive agreement to acquire Andersch AG (“Andersch”), a leading German restructuring advisory firm with offices in Frankfurt, Hamburg and D?sseldorf. The acquisition is expected to close...
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Incline Equity Partners, a Pittsburgh-based private equity firm, announced the acquisition of Brown & Joseph, a leading provider of commercial accounts receivable management services primarily focused on insurance end markets.According to a source...
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Monroe Capital LLC announced it acted as administrative agent on the funding of a $260 million senior credit facility to support the acquisition of Dude Solutions, Inc. (“Dude Solutions”) by Clearlake Capital Group, L.P. Other lenders participating...
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US Capital Global has acquired Grobecker Holland International (“GHI”), a boutique real estate firm headquartered in San Francisco and the city’s first online brokerage. Also headquartered in San Francisco, US Capital Global provides sophisticated...
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High Road Capital Partners’ portfolio company Banner Solutions has completed the acquisition of Berg Wholesale, marking the fourth acquisition for the company under High Road Capital’s ownership.Based in Tualatin, Oregon, Berg Wholesale is a...
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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...
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DLH Holdings Corp., provider of innovative healthcare services and solutions to federal agencies, announced that it has acquired privately-held Social & Scientific Systems ("SSS") of Silver Spring, Maryland. The firm, with approximately 400 employees...
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Citizens Commercial Banking led a senior secured asset-based revolving credit facility for Burris Logistics. The funds were used to acquire Trinity Logistics and for general working capital purposes. Citizens served as Sole Lead Arranger, Bookrunner...
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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...
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SouthStar Capital announced the acquisition of the Charleston, South Carolina based company, inFactor, effective May 3rd of 2019.SouthStar acquired inFactor's factoring portfolio and commercial customer accounts, which will operate under SouthStar's...
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Wattle Health Australia Limited announced that it has inked a $75 million debt facility term sheet to fund support its acquisition of Blend and Pack (B&P).The debt facility is to be secured by US-based investment manager, Gramercy Funds Management...
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Wind Point Partners, a Chicago-based private equity firm, announced that it has acquired A&R Logistics.Based in Louisville, Kentucky, A&R is North America's largest provider of integrated dry bulk logistics solutions for the chemical and plastic...
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Golub Capital recently announced that, as Administrative Agent, Joint Lead Arranger and Joint Bookrunner, it provided senior credit facilities to support the buyout of Aptean (or “the Company”) by TA Associates and Vista Equity Partners. The funds...
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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 & CEO of Merchants Financial Group, Inc. and Merchants...
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Despite mounting geopolitical complexities, the appetite for global mergers and acquisitions (M&A) is at a 10-year high, according to the 20th edition of the EY Global Capital Confidence Barometer (CCB), a biannual survey of more than 2,900 senior...
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Catalent, Inc., a provider of advanced delivery technologies and development solutions for drugs, biologics and consumer health products, and Paragon Bioservices, Inc., a leading viral vector development and manufacturing partner for gene therapies...
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Mergermarket, a provider of M&A data and intelligence, has released its Q1 2019 report with financial and legal advisor league tables. According to the new research, after a peak in the M&A cycle during the first half of 2018, greater market...
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Monroe Capital LLC announced an increase in its credit facility to ProPharma Group to support the acquisitions of The Weinberg Group, Inc. and Southwood Research. ProPharma is an existing portfolio company of Linden Capital Partners.MidCap Financial...
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Carbonite, Inc., a leading cloud-based data protection provider, today closed its previously announced acquisition of Webroot Inc. The combination of cloud-based backup and recovery with cloud-based cybersecurity introduces a new approach to data...
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Capital Financial Global, Inc. announced that it has successfully completed a merger with Affiliated Funding Corporation, an invoice factoring and commercial finance business. The result of the transaction is that AFC has merged with and into CFGX...
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HomeStreet Bank, one of the largest community banks on the West Coast, completed its previously announced purchase of the San Marcos, Calif. deposit branch of Silvergate Bank, including certain related commercial loans, and hired its business lending...
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Business Development Corporation of America (BDCA), an affiliate of Benefit Street Partners L.L.C., announced the acquisition of a controlling interest in Siena Capital Finance LLC (Siena) from Solaia Capital Advisors LLC (Solaia).
Siena is a leader...
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February 25, 2019, 08:28 AM
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Citizens Financial Group announced a definitive agreement to purchase certain assets of Bowstring Advisors (“Bowstring,” formerly CHILDS Advisory Partners), an Atlanta-based merger and acquisition advisory firm that delivers a range of financial...
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February 20, 2019, 09:10 AM
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Integrated Legacy Solutions (ILS), a provider of data and image migrations to the financial industry, released its annual review of industry merger and acquisition data for 2018. Derived from data provided by the Federal Reserve System, the research...
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February 14, 2019, 08:28 AM
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Commercial Credit, Inc., an equipment and accounts receivable finance company and the parent company of Commercial Credit Group Inc. and Commercial Funding Inc., and a portfolio company of Lovell Minnick Partners, announced that it has partnered with...
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February 12, 2019, 07:50 AM
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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...
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January 28, 2019, 07:25 AM
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Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced that it has entered into a definitive agreement to acquire the asset-based and equipment finance lending businesses of Woodforest National Bank.
As of December 31...
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January 24, 2019, 07:37 AM
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FS/KKR Advisor, LLC (FS/KKR), a partnership between FS Investments and KKR Credit Advisors (US) LLC, announced that the merger of FS Investment Corporation ( and Corporate Capital Trust, Inc. has closed, creating the second-largest publicly traded...
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December 20, 2018, 07:30 AM
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Wintrust Financial Corporation announced that its subsidiary, Northbrook Bank & Trust Company, has completed its previously announced acquisition of certain assets and the assumption of certain liabilities of American Enterprise Bank ("AEB") which...
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December 10, 2018, 07:00 AM
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Buoyed by tax reform, a more relaxed U.S. regulatory climate and growing cash reserves, U.S. dealmaker optimism is at a three-year high. Most are anticipating more and bigger merger and acquisition (M&A) deals in 2019, according to Deloitte’s “The...
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December 07, 2018, 07:16 AM
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SVB Financial Group (SVB) announced that it has entered into a merger agreement to acquire Leerink Holdings LLC (Leerink), the Boston-based parent company of Leerink Partners LLC, a leading investment bank focused on the healthcare and life science...
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November 16, 2018, 07:18 AM
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Day Pitney LLP announced that it will merge with Richman Greer P.A. All fifteen attorneys from Richman Greer will join Day Pitney upon completion of the merger, which is expected on January 1, 2019.
"We have been evaluating a number of opportunities...
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October 31, 2018, 07:00 AM
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Respondents to Dykema’s 14th Annual M&A Outlook Survey expressed the highest level of optimism for the M&A market in the 14-year history of the firm’s survey. Sixty-five percent of respondents expect the M&A market to strengthen over the next 12...
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October 18, 2018, 07:19 AM
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A quarter of companies making a major acquisition were downgraded, or placed on Rating Watch Negative or Negative Outlook immediately after the deal's announcement, based on our analysis of rating trends following 200 major transactions over five...
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October 16, 2018, 08:09 AM
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Harris Williams, a middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, released new research that finds business leaders are more optimistic about future growth and are trending towards mergers &...
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October 09, 2018, 07:13 AM
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Axiom Bank, N.A., a community bank headquartered in Central Florida, recently acquired Dallas-based Allied Affiliated Funding, L.P. This acquisition adds a lender finance line of business, scalable factoring and an asset-based lending platform to...
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August 24, 2018, 08:01 AM
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Dun & Bradstreet, a global provider of commercial data, analytics and insights for businesses, announced that it has entered into a definitive merger agreement to be acquired by an investor group led by CC Capital, Cannae Holdings and funds...
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August 09, 2018, 08:01 AM
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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...
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August 09, 2018, 08:00 AM
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B. Riley Financial, Inc., a diversified provider of financial and business advisory services, and GlassRatner Advisory & Capital Group LLC, announced they have signed a definitive agreement pursuant to which GlassRatner becomes a wholly-owned...
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August 02, 2018, 08:09 AM
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FS/KKR Advisor, LLC, a partnership between FS Investments and KKR Credit Advisors (US) LLC (FS/KKR), announced that FS Investment Corporation and Corporate Capital Trust, Inc. have entered into a definitive agreement under which FSIC and CCT will be...
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The Alta Group reports that interest in mergers and acquisitions (M&As) in the equipment finance industry has been high in the first half of 2018, reflecting a global trend. According to Thomson Reuters, the value of M&A deals announced this year...
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Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced that it has entered into a definitive agreement to acquire Millstein & Co., an advisor to companies, investors, and sovereigns with expertise...
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Large media and technology deals accounted for more than a third of the record M&A activity in the second half of 2018, according to new data from Thomson Reuters published by The New York Times. Stiffening competition for media consumers led to a...
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ORIX Corporation USA, the U.S. and Latin America business hub for Tokyo-based ORIX Corporation (ORIX), and NXT Capital Inc. (NXT Capital) announced they have signed a definitive agreement under which ORIX USA will acquire NXT Capital. The acquisition...
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Global power and utilities (P&U) deal value rose to an all-time quarter high of $97 billion in the first quarter of 2018, with 15 multi-billion-dollar deals alone accounting for 90% of deal value. That is according to EY report Power transactions and...
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Far West Capital announced their merger and platform sale to Advantage Business Capital, Inc. of Houston, Texas, a nationwide provider of working capital through their asset-based lending and accounts receivable factoring solutions since 1978....
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The announcement of nearly $28 billion in new U.S. M&A transactions on a single day this week—including Monday's proposed $11.1 billion merger of GE’s transportation business with rail equipment maker Wabtec—helped push global deal volume above $2...
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BMO Financial Group announced that it has entered into a definitive agreement to acquire KGS-Alpha Capital Markets (KGS), a New York-based fixed income broker-dealer specializing in U.S. mortgage (MBS) and asset-backed securities (ABS) in the...
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White Oak Global Advisors, LLC on behalf of its institutional clients, announced that White Oak has agreed to expand its asset-based lending platform to serve clients in the U.K. and Europe through the acquisition of LDF Group, a U.K.-based finance...
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Thomson Reuters has announced the findings of a Deal Makers Sentiment Survey: ‘Great Expectations for 2018’, providing a broad and deep quantitative assessment of M&A-related and Capital Markets activity in the year ahead across all major sectors and...
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Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced that it has entered into a definitive agreement to acquire Advantage Funding Management Co., Inc., a provider of commercial vehicle and transportation financing...
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Hercules Capital announced that it has entered the commercial finance sector through its strategic acquisition of all of the outstanding equity of Gibraltar Business Capital (“Gibraltar”), a leading provider of working capital to small and mid-market...
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Veritas Capital, a private equity investment firm, announced that an affiliate of Veritas has signed a definitive agreement with PricewaterhouseCoopers LLP (PwC), the U.S. member firm of the PricewaterhouseCoopers network, to acquire its US Public...
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February 21, 2018, 07:29 AM
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Executives across various industries shared their perspectives on mergers and acquisitions and growth in 2017 and their outlook for 2018 in a survey conducted by Capstone Strategic, a leading M&A advisory firm for the middle market. The survey was...
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February 20, 2018, 07:29 AM
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Broadcom announced that it has signed committed financing agreements to fund its proposed acquisition of Qualcomm Incorporated.A group of 12 financial institutions have agreed to provide up to $100 billion of committed credit facilities, including a...
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February 12, 2018, 08:00 AM
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White Oak Global Advisors, LLC on behalf of its institutional clients announced that White Oak has acquired Federal National Commercial Credit, Inc. (FNCC), a specialized commercial finance company providing government receivable financing...
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February 08, 2018, 07:22 AM
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Fifth Third Bancorp announced that Fifth Third Securities Inc. has agreed to acquire Coker Capital Advisors, a premier M&A advisory services firm focused on middle-market healthcare companies. “The addition of Coker Capital Advisors to our team...
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February 06, 2018, 07:45 AM
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CBIZ, Inc. announced that it has acquired Laurus Transaction Advisors, L.L.C. of Denver, CO.Founded in 2008, Laurus provides buy-side and sell-side financial and accounting due diligence services for M&A transactions to private equity groups as well...
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February 05, 2018, 07:13 AM
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Trade Finance Solutions Inc.announced that its parent has acquired Paragon Financial Group Inc. Paragon is a leading invoice-based finance company providing working capital solutions for growing companies throughout the US and is based in Fort...
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January 22, 2018, 08:00 AM
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Houlihan Lokey, Inc. announced that it has agreed to acquire Quayle Munro Limited (Quayle Munro), an independent advisory firm that provides corporate finance advisory services to companies underpinned by data & analytics, content, software, and...
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January 16, 2018, 07:30 AM
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Boardriders, Inc., a global action sports and lifestyle company that owns and operates the Quiksilver, Roxy, and DC Shoes brands, announced that it has signed a definitive agreement to acquire all of the shares of Billabong International Limited. The...
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January 12, 2018, 07:35 AM
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Meta Financial Group, Inc, the holding company for the federally chartered savings bank MetaBank, announced it has reached an agreement to acquire Crestmark Bancorp, Inc., the holding company for the Michigan state-chartered bank, Crestmark Bank, in...
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January 10, 2018, 07:30 AM
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LBC Credit Partners (LBC), a leading provider of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of F.M.I., Inc. by AE Industrial Partners, LLC (AEI). LBC served as Agent for the...
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January 10, 2018, 07:23 AM
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Capstone Partners LLC and Headwaters MB, LLC announced that they have completed a strategic transaction whereby Capstone has acquired Headwaters to form Capstone Headwaters LLC. This combination unites two leading middle market investment banking...
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January 10, 2018, 07:21 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on funding of a senior credit facility to support the acquisition of Nearly Natural, LLC by Centre Partners, a leading middle market private equity firm.Founded in...
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January 09, 2018, 07:21 AM
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U.S. broadcast station mergers and acquisitions volume reached $748.8 million in the fourth quarter of 2017 and closed the year at $8.24 billion, as tracked by Kagan, a media research group within S&P Global Market Intelligence. This is the highest...
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January 04, 2018, 07:28 AM
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Campbell Soup Co. has agreed to acquire Snyder's-Lance Inc. for $50.00 per share in an all-cash transaction, the two companies said. The acquisition, which has been approved by the boards of directors of both companies, will enable Campbell to expand...
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December 20, 2017, 06:30 AM
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Houlihan Lokey, a global investment bank, announced that the M&A advisory practice of Bluestone Capital Partners (Bluestone) has merged into Houlihan Lokey’s Aerospace, Defense & Government Services (ADG) Group. Bluestone is a boutique investment...
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December 19, 2017, 07:10 AM
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TTM Technologies, Inc. has agreed to acquire Anaren, Inc. for approximately $775 million in cash from affiliates of Veritas Capital. Anaren, Inc. will be purchased in a debt free, cash free transaction for $775 million in cash, subject to working...
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December 11, 2017, 07:12 AM
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PNC Bank announced the entry into a definitive agreement to acquire The Trout Group, LLC, the premier investor relations and strategic advisory firm servicing the healthcare industry, with more than 80 clients in the life sciences, biotechnology...
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November 28, 2017, 07:14 AM
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The easing of key economic and political risks and the emergence of positive macroeconomic deal drivers will accelerate global deal activity in 2018, reveals the third edition of the Global Transactions Forecast issued by Baker McKenzie.2017 has been...
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November 21, 2017, 07:40 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Reapit Ltd. by private equity sponsor Accel-KKR LLC. Reapit is the largest CRM and Client...
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November 16, 2017, 07:23 AM
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Cortland Capital Market Services LLC, a global investment servicing company, announced that it has entered into an agreement under which it will be acquired by Alter Domus Group, a provider of fund administration and corporate services dedicated to...
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November 16, 2017, 07:03 AM
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After setting records in 2016, lower-middle-market (LMM) investors have taken a backseat in 2017, while upper middle market investors chase larger deals, according to PitchBook's 3Q US PE Middle Market Report.U.S. middle-market private equity...
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November 15, 2017, 07:35 AM
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USA Technologies, Inc., payment technology service provider of integrated cashless and mobile transactions in the self-service retail market, announced the completion of its previously announced acquisition of Cantaloupe Systems, Inc.
USAT paid $65...
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November 10, 2017, 07:25 AM
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SSG Capital Advisors, LLC (SSG) acted as the investment banker to Short Bark Industries, Inc. in the sale of substantially all of its assets to an affiliate of Point Blank Enterprises, Inc., a portfolio company of JLL Partners. The sale was...
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November 03, 2017, 07:18 AM
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Redpoint Capital Group, LLC, an alternative credit manager, announced that it has agreed to sell a stake in its affiliated General Partner and Management Company to an affiliate of Dundon Capital Partners, LLC (DCP). DCP is led by Thomas (Tom) Dundon...
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November 03, 2017, 07:12 AM
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Antares Capital announced it is serving as administrative agent and sole lead arranger on a senior secured credit facility to support the acquisition of Winzer Corporation (Winzer) by ShoreView Industries. Terms of the financing were not...
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October 31, 2017, 07:18 AM
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Corporate executives are increasingly optimistic about the U.S. M&A market and the U.S. economy overall, with nearly three-quarters saying they expect a rise in activity in the lower-middle market throughout the next 12-18 months. That's according...
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October 27, 2017, 07:32 AM
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Gigamon Inc., a provider of traffic visibility solutions, and Elliott Management, a multi-strategy private investment firm, announced that they have entered into a definitive agreement under which Elliott will acquire Gigamon for $38.50 per share in...
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October 27, 2017, 07:04 AM
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Colford Capital Holdings LLC announced the sale of 100% of the equity interests of North Mill Capital LLC (NMC) to Solar Senior Capital Ltd. NMC, based in Princeton, New Jersey, is an asset-based lending and commercial finance company that provides...
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October 25, 2017, 08:02 AM
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Reduced spending for oil and gas exploration is limiting availability of quality deepwater assets for merger and acquisition (M&A) deals, according to a new report by IHS Markit. This lack of deepwater asset inventory is challenging E&P (exploration...
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October 24, 2017, 07:20 AM
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Tortoise Investments and Lovell Minnick Partners announced the signing of a definitive agreement for a buyout of Tortoise, a leader in essential assets and essential income investing. Terms of the private transaction were not disclosed. As part of...
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October 19, 2017, 07:00 AM
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Barings announced that it served as a Joint Lead Arranger on a Senior Secured Credit Facility to support New Mountain Capital’s acquisition of DRB Systems LLC. Founded in 1984 and based in...
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October 18, 2017, 07:04 AM
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First Eagle Investment Management and NewStar Financial Inc. announced that they have entered into a definitive agreement for First Eagle to acquire NewStar, an established lender and investment manager specializing in direct lending to middle-market...
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October 17, 2017, 08:00 AM
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KeyBanc Capital Markets Inc., the corporate and investment banking unit of KeyCorp, announced that it has closed its acquisition of Cain Brothers, a healthcare focused investment banking and public finance firm.The acquisition agreement was announced...
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October 06, 2017, 07:05 AM
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State Bank Financial Corporation, the holding company for State Bank and Trust Company, announced that it has completed its previously announced merger with AloStar Bank of Commerce, for $197.6 million in cash. The merger was completed on September...
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October 02, 2017, 08:01 AM
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Seagate Technology plc, a provider of storage solutions, announced its participation in the consortium led by Bain Capital Private Equity that has entered into an agreement with Toshiba Corporation to acquire Toshiba Memory Corporation. In the...
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September 29, 2017, 07:15 AM
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Genuine Parts Company and Alliance Automotive Group, a leading European distributor of vehicle parts, tools and workshop equipment, announced that they have entered into a definitive agreement under which Genuine Parts Company will acquire Alliance...
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September 26, 2017, 07:38 AM
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Mitel, a global provider of business communications, announced the completion of its acquisition of ShoreTel. With this addition, Mitel has accelerated its move-to-the-cloud strategy, shifting into the #2 market share position for UCaaS (Unified...
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September 26, 2017, 07:32 AM
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iCapital Network, the financial technology platform democratizing alternative investments for high-net-worth (HNW) individuals and their advisors, announced it has entered into a definitive purchase agreement to acquire the US Private Equity Access...
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September 25, 2017, 07:11 AM
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Northrop Grumman Corporation, a global security company, and Orbital ATK, Inc., a developer of aerospace and defense technologies, announced they have entered into a definitive agreement under which Northrop Grumman will acquire Orbital ATK for...
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September 18, 2017, 07:41 AM
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Golub Capital recently announced that as Administrative Agent, Sole Bookrunner and Sole Lead Arranger, it provided a $146 million GOLD facility to support the acquisition of Cafe Rio, Inc. by Freeman Spogli & Co. GOLD financings are Golub Capital One...
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September 12, 2017, 07:33 AM
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TCF Capital Funding, a division of TCF National Bank, which is a subsidiary of TCF Financial Corporation, announced that it provided $5,500,000 in secured financing to support Salt Creek Capital’s acquisition of Network Distributors. Aldine Capital...
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September 11, 2017, 07:04 AM
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Ballard Spahr and Lindquist & Vennum announced that they have agreed to merge effective January 1, 2018. The combined firm—which will retain the name Ballard Spahr—will have more than 650 lawyers in 15 offices nationwide.Joining with Am Law 100 firm...
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September 06, 2017, 07:08 AM
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The U.S. power & utilities (P&U) sector experienced a significant downturn in deal value in the second quarter, with a decline of 77% to $4.4 billion, according to the latest EY report Power transactions and trends Q2 2017.
That’s the lowest value...
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August 30, 2017, 08:00 AM
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Barings announced that it served as co-lead arranger of a second-lien credit facility to support global private equity firm Warburg Pincus in its acquisition of MSHC Inc. (Service Logic) from Sterling Investment Partners (Sterling).
Barings also...
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August 28, 2017, 08:04 AM
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People’s Bank of Commerce and Capital Associates, Inc., doing business as Steelhead Finance (Steelhead), jointly announced the acquisition of Steelhead by People’s Bank in a cash and stock transaction.People’s Bank is a locally owned and managed bank...
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August 28, 2017, 08:00 AM
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Hampleton Partners, an international mergers and acquisitions (M&A) and corporate advisory firm for technology companies, issued 11 technology M&A market reports for 2H 2017 in the key business segments of artificial intelligence (AI), augmented...
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August 24, 2017, 07:45 AM
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Continuing a four-year trend, manufacturing companies are the most sought-after business acquisitions valued in the $1MM - $5MM range, according to the Q2 2017 Market Pulse Report published by the International Business Brokers Association (IBBA)...
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August 23, 2017, 08:00 AM
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The total number of worldwide M&A deals is expected to exceed 50,000 in 2017, an increase of up to 8% over fiscal 2016, setting a record for worldwide annual announced deal count, according to a predictive analysis released by Intralinks, Inc., a...
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August 21, 2017, 08:00 AM
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Guess & Co. Corporation, a luxury, industrial, health care and real estate company based in North Carolina announced that it is pursing acquisitions to build and grow its business operations. The company is pursuing middle-market companies that will...
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August 21, 2017, 07:00 AM
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KeyBanc Capital Markets Inc., the corporate and investment banking unit of KeyCorp, announced it has entered into a definitive agreement to acquire Cain Brothers & Company, LLC, a pre-eminent healthcare focused investment banking and public finance...
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August 16, 2017, 08:01 AM
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Vantiv Inc., a major credit card processor and POS solution provider for businesses, agreed to buy e-commerce payments company Worldpay Group Plc for roughly $10.4 billion.
In connection with the acquisition, has entered into certain agreements to...
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August 14, 2017, 07:48 AM
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PayPal Holdings announced that it is acquiring small-business lender Swift Financial to bolster its Working Capital business. Terms of the transaction were not disclosed. PayPal Working Capital launched in 2013 and has provided access to more than $3...
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August 11, 2017, 09:00 AM
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Two new reports show that corporate consolidation has continued to slow during 2017, a trend that analysts at Pitchbook blame on a climate of political and economic uncertainty. According to Pitchbook's latest M&A Report, the pace of buyout...
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August 04, 2017, 07:27 AM
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Commercial Credit, Inc., parent company of Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, announced the purchase of the business operations of Transfac Capital, Inc., thus expanding into the accounts...
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August 02, 2017, 07:21 AM
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Data from the first six months of the 2017 show a strong deal appetite despite a highly complex and challenging M&A market and increasing intervention in deals by governments and regulators, according to a new report from EY.
Analysts attribute the...
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International buyers stepping up their competition against U.S. companies for M&A deals in the U.S. manufacturing sector, according to a recent report from Generational Equity. The report, "Manufacturing in Motion,” found that the North American...
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Oaktree Capital Management, L.P, which is part of Oaktree Capital Group, has signed a definitive asset purchase agreement under which Oaktree will become the new investment adviser to two business development companies (BDCs): Fifth Street Finance...
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Mergers and acquisitions activity in the middle market hit a ten-year high in the first half of 2017, with 5,260 deals completed during the period, according to data from Thomson Reuters. As reported by Mergers & Acquisitions, that's a 12 percent...
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The volume of broadcast-station mergers and acquisitions in the U.S. reached $4.47 billion in the second quarter of 2017, according to estimates from Kagan, a group within S&P Global Market Intelligence. The TV segment contributed $4.22 billion of...
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Fifth Street Asset Management Inc. announced that it has agreed to sell Fifth Street CLO Management LLC, a wholly-owned subsidiary of Fifth Street Holdings L.P., to NewStar Financial, Inc. FSAM intends to use the proceeds from this transaction to...
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FTI Consulting, Inc. announced that it has acquired CDG Group, a restructuring advisory, turnaround management, value enhancement and transaction advisory firm in New York. Terms of the transaction were not disclosed.As part of the transaction, 19...
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Clearlake Capital Group, L.P. announced a definitive agreement to merge enterprise software providers Syncsort Incorporated and Vision Solutions, Inc. as well as the simultaneous sale of a significant ownership position in the combined company to...
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Propel Media, Inc., a performance focused digital media and advertising company, announced its acquisition of DeepIntent Technologies, an integrated data and programmatic buying platform.According to an 8K filing, to support the acquisition the...
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Amazon.com, Inc. announced that it is acquiring Whole Foods Market in a deal valued at $13.7 billion that analysts say promises to shake up the grocery store industry. Amazon expects to finance the deal with debt financing, which could include senior...
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State Bank Financial Corporation, the holding company for State Bank and Trust Company, and AloStar Bank of Commerce announced the signing of a definitive agreement for State Bank to acquire AloStar in an all cash transaction with a purchase price of...
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Analysts with Generational Equity, a mergers and acquisitions advisory firm for privately held businesses, are reporting an increasing demand for lower middle-market acquisitions by private equity firms.According to a survey by PitchBook, close to...
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Fifty-nine percent of power and utilities executive respondents expect to actively pursue an acquisition in the next 12 months, according to the latest biannual EY Power & Utilities Capital Confidence Barometer. That demonstrates a 12% increase in...
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Cerberus Capital Management, L.P. announced that an affiliate of the firm has acquired Bushkill Group, a vacation property ownership company located in Pennsylvania from Resorts Group, Inc. The transaction includes Bushkill's popular Pocono Mountains...
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Laurentian Bank of Canada announced that it has reached a definitive agreement under which a subsidiary of the Bank has agreed to acquire Northpoint Commercial Finance, which is among the leading U.S. and Canadian inventory finance lenders with a...
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Nearly two-thirds of M&A experts predict that a rising interest environment will impact their ability to finance transactions.
That's according to a survey of 315 business brokers and advisors in 37 states commissioned by the Pepperdine Private...
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Global mergers and acquisitions (M&A) activity continues to gain strength following heightened dealmaking in the first quarter of 2017, according to the EY 16th Global Capital Confidence Barometer (CCB). Ongoing geopolitical uncertainty has not...
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ApplePie Capital, the first online lender solely dedicated to the franchise industry, announced the appointment of franchise industry veteran Ronald Feldman as chief development officer, as well as the acquisition of Funding Solutions, LLC, a...
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U.S. broadcast station mergers and acquisitions (M&A) volume reached $2.76 billion in the first quarter of 2017, according to analysis by Kagan, a media research group within S&P Global Market Intelligence. Radio deals accounted for $2.59 billion...
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Pine Brook, an investment firm focused on building businesses in the financial services and energy sectors, and Triumph Bancorp, Inc. announced the signing of a definitive agreement for Pine Brook and management to acquire Triumph Capital Advisors...
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Stenn International Ltd., a UK-based international trade finance provider and Cross Border Funding, LLC, a Los Angeles trade finance brokerage and advisory group announced that they have signed a definitive merger agreement under which Cross Border...
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Barings, one of the world’s leading asset management firms, announced that it served as lead agent and sole lender on a package of credit facilities to support New Heritage Capital in its acquisition of Continental Services.The debt package...
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B. Riley Financial and FBR combined will become a clear leader in small cap investment banking and brokerage in the U.S. with 600 names under research coverage.Together B. Riley Financial and FBR will provide a truly unique platform to help clients...
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February 23, 2017, 07:00 AM
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The PNC Financial Services Group, Inc. announced a definitive agreement to acquire the U.S.-based commercial and vendor finance business of ECN Capital Corp., one of the leading non-bank vendor finance businesses in the United States. PNC will...
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February 21, 2017, 08:19 AM
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Global professional services firm Huron announced that it has entered into an agreement to acquire Innosight Holdings LLC, a growth strategy firm focused on helping companies navigate disruptive change, enable innovation and manage strategic...
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February 17, 2017, 08:00 AM
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Nearly three-quarters (74 percent) of business brokers—professionals who aid in the buying and selling of businesses—expect an increase in new clients coming to market in 2017, according to the quarterly Market Pulse Report published by the...
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February 17, 2017, 07:15 AM
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Pinnacle Financial Partners, Inc., the holding company and parent of Pinnacle Bank, and BNC Bancorp, the holding company and parent of Bank of North Carolina, jointly announced the signing of a definitive agreement pursuant to which BNC will merge...
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January 23, 2017, 07:10 AM
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Houlihan Lokey, Inc., the global investment bank, announced that it has acquired Black Stone IP LLC (BSIP), a boutique investment bank focused on valuing and trading patent and other intellectual property (IP) assets. Terms of the transaction were...
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January 19, 2017, 08:28 AM
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Renasant Corporation, the parent company of Renasant Bank, and Metropolitan BancGroup, Inc., the parent company of Metropolitan Bank, jointly announced the signing of a definitive merger agreement pursuant to which Metropolitan will merge with and...
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January 19, 2017, 08:11 AM
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Stanley Black & Decker and Sears Holdings Corporation announced that they have entered into a definitive agreement under which Stanley Black& Decker will purchase the Craftsman brand from Sears Holdings. The transaction provides Stanley Black&...
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January 06, 2017, 07:40 AM
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White Oak Global Advisors, LLC on behalf of its institutional clients, announced today that White Oak has expanded its asset-based lending platform through the acquisition of Capital Business Credit, LLC (“CBC”), a leading commercial finance company...
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December 16, 2016, 07:45 AM
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Against a backdrop of uncertainty, the M&A market dipped in 2016. But, the Deloitte M&A trends report 2016, year-end edition shows an anticipated rebound in the year ahead with 86 percent of surveyed private equity and 71 percent of surveyed...
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December 12, 2016, 07:40 AM
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The number of mid-sized U.S. companies already engaged in or open to buying and selling has risen sharply since last year, setting the stage for a very active 2017 merger market, according to the sixth annual Citizens Commercial Banking Middle Market...
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December 08, 2016, 07:17 AM
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NewStar Financial Inc. announced the sale of its equipment finance business and related assets to Boston-based Radius Bank ("Radius"), a federal savings association, for approximately $140 million in cash. NewStar Equipment Finance is an...
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December 02, 2016, 07:29 AM
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According to a recent survey by KPMG LLP, the audit, tax and advisory firm, U.S. merger and acquisition (M&A) activity is expected to remain steady in 2017, compared to deal levels of 2016. Of nearly 100 respondents to KPMG’s M&A Market Pulse survey...
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November 23, 2016, 07:59 AM
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Oxford Finance LLC, an industry-leading specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced that it has been acquired by an affiliate of Wafra Capital Partners, whose family of funds and...
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November 18, 2016, 07:45 AM
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Citing a survey conducted by Harris Williams & Co, Bloomberg reports that mid-sized companies are becoming more open to selling themselves to private equity buyersBuyout firms were named as the preferred buyer by 38 percent more respondents than last...
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October 14, 2016, 07:38 AM
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Golden Gate Capital and Pacific Sunwear of California, Inc. and all of its subsidiaries announced today that Golden Gate Capital has completed its acquisition of PacSun, which concluded its restructuring after completing all required actions and...
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September 08, 2016, 07:33 AM
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Wintrust Financial Corporation announced that its subsidiary Lake Forest Bank and Trust Company has completed its previously announced acquisition of select loans and related relationships from GE Capital Franchise Finance. The loans totaled $554...
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August 22, 2016, 07:45 AM
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TIAA announced an agreement to acquire EverBank, a nationwide consumer and commercial bank with $27.4 billion in total assets. This acquisition significantly expands TIAA’s banking and lending products and complements the company’s full suite of...
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August 09, 2016, 07:50 AM
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CVC Credit Partners, a leading global alternative investment manager focused on sub-investment grade debt markets in the U.S. and Europe, today announced the acquisition of Northport Capital TRS, LLC ("Northport") from Resource Capital Corp. by a...
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August 05, 2016, 08:06 AM
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KeyCorp announced it has closed its acquisition of First Niagara Financial Group, Inc. Systems and client conversion is expected during the fourth quarter of 2016, subject to pending regulatory approval by the Office of the Comptroller of the...
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August 01, 2016, 08:01 AM
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EverBank Financial Corp announced its financial results for the second quarter ended June 30, 2016. The Company also announced that as a result of an ongoing review of its strategic alternatives it is in advanced negotiations with a well-respected...
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Brown Gibbons Lang & Company (BGL) announced the sale of Wallover Enterprises, Inc. (Wallover or the Company) to Houghton International Inc., a subsidiary of Gulf Oil International. BGL's Industrials team served as the exclusive financial advisor to...
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CIT Group announced that it has reached a definitive agreement to sell its Canadian equipment finance and corporate finance businesses (“CIT Canada”), with more than US $700 million in assets, to Laurentian Bank of Canada. In addition, approximately...
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GE has entered into separate agreements with three buyers to sell the bulk of GE Capital’s U.S. restaurant franchise financing assets. The combined transactions represent ending net investment (ENI) of approximately $1.4 billion as of first quarter...
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Full Circle Capital Corporation ("Full Circle") announced that it has entered into a merger agreement with Great Elm Capital Corp., a company formed by Great Elm Capital Group, Inc. ("GEC", formerly Unwired Planet, Inc.) and funds managed by MAST...
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Manufacturing was the most active industry for closing deals valued at $75 million or less in the first quarter of 2016, according to a new survey released by CMF Associates, private equity’s preferred operating partner for finance and financial...
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Ares Capital Corporation and American Capital, Ltd. (NASDAQ: ACAS) announced today that they have entered into a definitive merger agreement under which Ares Capital will acquire American Capital, excluding American Capital Mortgage Management, LLC. ...
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Liquid Capital Corp., a Canadian-founded trade finance and asset-based lending company, announced that it has entered into a purchase and sale agreement where it has acquired the assets and associated goodwill of TCE Capital Corporation, a boutique...
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GE has completed the previously announced sale of GE Capital’s Franchise Finance U.S. hotel business to Western Alliance Bank, a wholly owned subsidiary of Western Alliance Bancorporation (NYSE: WAL). The sale includes approximately $1.3 billion in...
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Canadian Western Bank announced its recent signing of an asset purchase agreement to acquire GE Capital's Canadian Franchise Finance business. The business provides financing across Canada to a diverse group of established companies in the...
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NewStar Financial Inc. announced the sale of its asset-based lending subsidiary, NewStar Business Credit LLC (“NSBC”), to Sterling National Bank, a wholly owned subsidiary of Sterling Bancorp for approximately $112 million in cash, net of debt...
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Deloitte Corporate Finance LLC ("DCF") acted as exclusive financial advisor to South Carolina-based Consolidated Systems, Inc. ("CSi") in three recent sell-side transactions, including asset divestitures to Steel Dynamics, Inc., a major metal...
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M&A advisory firm Capstone Strategic surveyed middle-market executives from multiple industries on their growth and M&A experience in 2015 and their outlook for 2016. The survey was conducted in December 2015, and followed a previous survey in...
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Wells Fargo & Company announced that it has completed the purchase of the North American portions of GE Capital’s Commercial Distribution Finance and Vendor Finance businesses as well as a portion of its Corporate Finance business, totaling $27.4...
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BlackArch Partners announced the sale of G.E.T. Enterprises, L.L.C. ("G.E.T." or the "Company"), a portfolio company of ShoreView Industries and Valesco Industries, to Olympus Partners.Founded in 1983 and headquartered in Houston, Texas, G.E.T. is a...
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February 25, 2016, 07:39 AM
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Fort Dearborn Advisors announced the sale of substantially all of the operating assets of Standard Steel & Wire, Inc. (“SS&W” or the “Company”) to Alliance Steel, LLC. Standard Steel & Wire was established in 1920 and purchased by Dennis Hack and his...
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February 17, 2016, 07:22 AM
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Houlihan Lokey announced that AmeriFactors Financial Group, LLC has been acquired by Gulf Coast Bank & Trust Company.AmeriFactors provides accounts receivable financing primarily on a non-recourse, full-notification basis to small and medium-sized...
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December 17, 2015, 08:12 AM
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GE has signed an agreement to sell its commercial lending and leasing business in Japan, including Capital Finance, Fleet Service and Vendor Finance, to Sumitomo Mitsui Finance and Leasing (SMFL), a member of Sumitomo Mitsui Financial Group. The...
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December 15, 2015, 08:04 AM
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Related: Ge Capital, General Electric Capital, General Electric Company, MexicoGE has signed an agreement to sell its equipment lending and leasing business in Mexico to Linzor Capital Partners, a leading pan-regional private equity firm that focuses...
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December 07, 2015, 08:17 AM
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GE announced that it has signed a memorandum of understanding (MOU) for the potential sale of its Equipment Finance and Receivable Finance businesses in France and Germany to Banque Fédérative du Crédit Mutuel (BFCM), representing ending net...
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December 03, 2015, 08:13 AM
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Deloitte Corporate Finance LLC (DCF) acted as the exclusive financial advisor to G.H. Tool & Mold, Inc. (G.H. Tool) on its majority recapitalization with Tooling Technology Holdings LLC (Tooling Tech), a portfolio company of GenNx360 Capital Partners...
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November 25, 2015, 07:25 AM
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Lightyear Capital LLC, a private equity firm specializing in financial services investing, today announced that an affiliated investment fund has completed its acquisition of a majority equity stake in Pathlight Capital LLC (“Pathlight”), a...
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November 24, 2015, 07:30 AM
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MB Financial, Inc. and American Chartered Bancorp, Inc. announced the signing of a definitive merger agreement whereby MB Financial will acquire American Chartered and its wholly owned bank subsidiary, American Chartered Bank, in a stock and cash...
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November 23, 2015, 08:12 AM
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Equifax Inc. and Veda Group Limited have reached a binding agreement for Equifax to acquire all outstanding shares of the common stock of Veda for AUD$2.825 per share. The Veda shares will be purchased for cash using proceeds available from senior...
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November 23, 2015, 08:10 AM
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Global law firm Greenberg Traurig, LLP was among the firms receiving sector-specific “deal of the year” awards at the 14th Annual M&A Advisor Awards Gala November 17 in New York City. According to the M&A Advisor, the awards honor the professionals...
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November 23, 2015, 08:05 AM
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GE has signed an agreement to sell a portfolio of first lien mortgage loans from its UK Home Lending business, representing aggregate ending net investment (ENI) of approximately US$5.8 billion, to an investment consortium made up of opportunistic...
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November 23, 2015, 07:00 AM
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44 Business Capital, LLC announced the signing of an asset purchase agreement with Berkshire Bank and Parke Bank under which Berkshire will acquire the business model of 44 Business Capital and certain other assets of Parke Bank's SBA 7(a) loan...
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November 02, 2015, 08:03 AM
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Franklin Square Capital Partners announced the origination of a new senior secured loan to Rogue Wave Software, a leading provider of cross-platform software development tools and libraries. The loan facilitated the refinancing of Rogue Wave's...
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October 27, 2015, 07:52 AM
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Regions Financial Corporation announced the acquisition of BlackArch Partners, a private, middle-market mergers and acquisitions (M&A) advisory firm headquartered in Charlotte, N.C. Financial terms of the transaction are not disclosed.“BlackArch...
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October 26, 2015, 08:24 AM
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LCG Advisors, a leading Tampa based corporate finance advisory firm, has announced the acquisition of the operations of Conscientia Analytics, a Jacksonville based healthcare due diligence firm. The acquisition of Conscientia allows LCG to diversify...
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October 21, 2015, 07:28 AM
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Wells Fargo & Company announced that it has signed an agreement to purchase GE Capital’s Commercial Distribution Finance and Vendor Finance platforms as well as a portion of its Corporate Finance business. The acquisition includes total assets of...
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October 14, 2015, 07:58 AM
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Dell Inc. and EMC Corporation announced they have signed a definitive agreement under which Dell, together with its owners, Michael S. Dell, founder, chairman and chief executive officer of Dell, MSD Partners and Silver Lake, the global leader in...
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October 13, 2015, 07:53 AM
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H.I.G. Capital, LLC, a leading global private equity investment firm with $19 billion of equity capital under management, is pleased to announce that its affiliate, along with Split Rock Partners, has closed the acquisition of HelpSystems...
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October 13, 2015, 07:42 AM
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MidCap FinCo Limited, together with its subsidiaries MidCap Financial, in partnership with other Apollo managed funds and affiliates, announced it has signed an agreement with Mubadala GE Capital (MGEC) to acquire substantially all of MGEC’s loan...
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October 01, 2015, 08:06 AM
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HPD Software announces their acquisition of the ABL software business of Computer and Software Enterprises Inc. (CASE), a leading provider of asset-based lending (ABL) monitoring solutions in the U.S. The acquisition will provide a wide range of...
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September 18, 2015, 07:19 AM
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NewStar Financial announced it has agreed to acquire Feingold O'Keeffe Capital, LLC d/b/a FOC Partners ("FOC"), a private alternative asset management firm based in Boston, Massachusetts. The acquisition will add approximately $2.3 billion to...
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September 17, 2015, 07:44 AM
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GE has reached an agreement to sell its GE Capital, Transportation Finance business in the U.S. and Canada to BMO Financial Group (BMO).“With the sale of our Transportation Finance business to BMO, we have again found a buyer with a customer centric...
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September 11, 2015, 07:55 AM
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B. Riley & Co. served as the exclusive financial advisor to Peter Kim, the founder and CEO of Hudson Clothing, a wholly-owned subsidiary of Joe's Jeans, Inc. and investor, Fireman Capital Partners, LLC (FCP), in the proposed transactions to sell the...
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September 09, 2015, 07:27 AM
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GE has completed the previously announced sale of its U.S. Sponsor Finance business and a bank loan portfolio, representing aggregate ending net investment (ENI) of approximately $10 billion, to Canada Pension Plan Investment Board (CPPIB) in a...
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August 24, 2015, 07:53 AM
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GE announced that it has reached an agreement to sell $8.5 billion of healthcare-related loans and its Healthcare Financial Services (HFS) U.S. lending business to Capital One for approximately $9 billion. Separately, GE has signed an agreement with...
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August 12, 2015, 08:00 AM
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Hilco Merchant Resources, LLC announced today that it has acquired a leading online retail and daily deal e-commerce brand – Deal Genius, LLC.Deal Genius was launched as a flash retail sales web business in 2004 and has become one of the leading...
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Ares Management, L.P. and Kayne Anderson Capital Advisors, L.P. announced they have entered into a definitive merger agreement to create Ares Kayne Management, L.P., one of the largest and most diversified alternative asset managers with a combined...
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Piper Jaffray Companies, a leading investment bank and asset management firm, announced that it has entered a definitive agreement to acquire River Branch Holdings, LLC, an investment banking boutique focused on the financial institutions sector. The...
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aVeriFact, LLC announced the purchase of the company name of C&R Credit Services. The new ownership builds upon 50+ years of experience and will continue doing business as C&R Credit Services. C&R Credit Services will continue with the same team and...
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GE announced that Sumitomo Mitsui Banking Corporation Europe Limited has made an agreed offer to acquire GE’s European Sponsor Finance business for approximately U.S.$2.2 billion. The business is a leading provider of sponsor finance for European mid...
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GE announced today that it has reached an agreement to sell its U.S., Mexico, Australia and New Zealand fleet businesses to Element Financial Corporation for US$6.9 billion. Separately, GE has signed a memorandum of understanding for the potential...
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Fifth Street Finance Corp. announced that its portfolio company, HFG Holdings, LLC ("Healthcare Finance Group" or "HFG"), a specialty lender providing asset-backed lending and term loan products to various segments of the healthcare industry, has...
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UMB Financial Corporation, a $16.7 billion diversified financial holding company, headquartered in Kansas City, Mo., has completed the acquisition of Marquette Financial Companies (MFC), a $1.4 billion financial-services company owned by the Pohlad...
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Berkshire Hills Bancorp today the signing of a definitive agreement for the acquisition of privately held Firestone Financial Corp. as an operating subsidiary of Berkshire Bank. Based in Needham, Massachusetts, Firestone is a longstanding commercial...
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First Capital, a commercial finance company with a national presence, announced that it has completed the sale of its three product businesses to separate buyers. Traditional factoring was sold to Sterling Bancorp on May 7, 2015; Recourse Factoring...
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UMB Financial Corporation announced its applications to acquire and merge with Marquette Financial Companies and to merge Meridian Bank, n.a. and Meridian Bank Texas into UMB Bank, n.a. have been approved by the Board of Governors of the Federal...
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B. Riley & Co., LLC (B. Riley), a leading a full service, research-centric investment bank and a wholly-owned subsidiary of B. Riley Financial, Inc., has expanded its technology investment banking practice with the addition of investment banking...
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ExWorks Capital announced the acquisition of World Trade Finance, Inc. of Burbank, California, a 25-year-old specialty lender active in both the U.S. Export-Import Bank ("ExIm") and Small Business Administration ("SBA") financing programs. ExWorks...
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PennantPark Floating Rate Capital and MCG Capital Corporation have entered into a definitive agreement under which PennantPart will acquire MCG Capital in a stock and cash transaction currently valued at approximately $175 million, or approximately...
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Deloitte Corporate Finance LLC acted as exclusive financial advisor to Roslyn Heights, New York-based J.S. Held, Inc. and Washington, D.C.-based Held Enloe & Associates, LLC (collectively, “Held”) in their merger and consequential sale to private...
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Ares Management, L.P. announced that a fund managed by its commercial finance platform has signed a definitive agreement to acquire the asset-based lending portfolio of First Capital Holdings, Inc., a leading commercial finance company that provides...
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Gordon Brothers Group and AccuVal-LiquiTec announced today that Gordon Brothers Group’s Valuation & Advisory Services Division and AccuVal-LiquiTec have entered into a merger to form Gordon Brothers-AccuVal. The newly formed group will operate as a...
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Princeton Capital Corporation, formerly Regal One Corporation, announced today that it has completed its acquisition of the investment portfolios of Capital Point Partners, LP and Capital Point Partners II, LP and will become an externally managed...
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Reuters reported that a consortium of private equity firm KKR & Co LP, alternative investment manager Varde Partners and Deutsche Bank has agreed to buy GE Capital's Australian and New Zealand consumer lending arm for A$8.2 billion ($6.26...
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Sterling Bancorp, through its principal subsidiary Sterling National Bank, today announced that it has completed the acquisition of Damian Services Corporation ("Damian"), a privately-held provider of payroll funding and related services. Terms of...
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PacWest Bancorp and Square 1 Financial, Inc. today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby PacWest will acquire Square 1 in a transaction valued at approximately $849 million. The Square 1 lending...
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Signature Group Holdings Inc. has closed the sale of North American Breaker Co., LLC ("NABCO"), to an investor group led by PNC Riverarch Capital, a division of PNC Capital Finance, LLC, for a purchase price of $78.0 million.Founded in 1996, NABCO...
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February 27, 2015, 07:17 AM
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Deloitte Corporate Finance LLC (“DCF”) acted as exclusive financial advisor to Salix Animal Health, LLC and its related manufacturing entities on their joint sale to Spectrum Brands Holdings, Inc. Founded in 1988 and headquartered in Deerfield Beach...
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February 02, 2015, 08:01 AM
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Deloitte Corporate Finance LLC (“DCF”) acted as the financial advisor to ArcaTech Systems, LLC on its acquisition of CTS Electronics S.p.A. and five related entities. Deloitte UK’s Debt Advisory Group assisted in securing senior financing for the...
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January 30, 2015, 07:28 AM
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Huron Consulting Group announced that it has entered into an agreement to acquire Studer Group, a premier professional services firm that assists healthcare providers achieve cultural transformation to deliver and sustain exceptional improvement in...
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January 27, 2015, 08:02 AM
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Deloitte Corporate Finance LLC (“DCF”) acted as exclusive financial advisor to Bushwacker, Inc. in its sale to Lund International, Inc., a portfolio company of Highlander Partners. Bushwacker is a designer, manufacturer, marketer, and distributor of...
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January 26, 2015, 07:52 AM
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City National Corporation and Royal Bank of Canada announced a definitive agreement by which Royal Bank of Canada will acquire all outstanding shares of City National Corp. Total consideration is valued at approximately $5.4 billion at announcement...
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January 23, 2015, 08:05 AM
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Deloitte Corporate Finance LLC (“DCF”) acted as the exclusive financial advisor to Ruprecht Company in its sale to Hosen Capital Ltd., a private equity group based in Beijing, China. Hosen Capital acquired Ruprecht from its New Hope Investment Fund...
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January 23, 2015, 07:29 AM
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Midland States Bancorp, Inc., parent of Midland States Bank, announced that it has completed its acquisition of Heartland Bank. Midland also announced that Heartland Bank will be merged into Midland States Bank in the first quarter of 2015.Prior to...
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January 05, 2015, 08:03 AM
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BlackArch Partners is pleased to announce the sale of Cimarron Energy Inc., a business unit of Curtiss-Wright Corporation, to Turnbridge Capital. Cimarron, headquartered in Norman, OK, is a national leader in the design and manufacture of highly...
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December 18, 2014, 07:44 AM
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UMB Financial Corporation, a $16.3 billion diversified financial holding company as of September 30, 2014, headquartered in Kansas City, Mo., and the Pohlad family of Minneapolis, Minn., announced the execution of a definitive agreement for UMB to...
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December 16, 2014, 07:49 AM
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Brown Gibbons Lang & Company (BGL), a leading middle-market investment bank, announced Geisinger Health System (Geisinger) acquired Viewmont Health Associates, the ancillary affiliate of PrimeMed Medical Group (PrimeMed). BGL advised Geisinger in...
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December 16, 2014, 07:09 AM
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BB&T Corporation and Susquehanna Bancshares, Inc. announced today the signing of a definitive agreement under which BB&T will acquire Susquehanna in a cash and stock transaction for total consideration valued at approximately $2.5 billion. This...
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November 12, 2014, 08:04 AM
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Sterling Bancorp and Hudson Valley Holding Corp. aannounced today they have entered into a definitive merger agreement in a stock-for-stock transaction valued at approximately $539 million, based on the closing price of Sterling Bancorp common stock...
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November 05, 2014, 07:46 AM
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Hilco Real Estate LLC announced it has sold its private real estate mortgage lending company - Hilco Real Estate Finance LLC - to the Garrison Investment Group. The financial terms of the deal were not disclosed.Neil Aaronson, CEO of Hilco Real...
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October 29, 2014, 07:46 AM
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Heritage Bank of Commerce has signed a definitive stock purchase agreement to acquire BVF/CSNK Acquisition Corp. ("BVF") for $22.5 million in cash. Based in Santa Clara, California, BVF is the parent company of CSNK Working Capital Finance Corp. dba...
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October 09, 2014, 08:04 AM
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Diversified Lenders, Inc. (DLI) announced that it has acquired American Business Finance, LLC (ABF) out of Edmond, Oklahoma. Founded in 2003 by Dave Pendley, ABF is a privately owned accounts receivable financing source specializing in providing...
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October 06, 2014, 08:03 AM
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Crestmark and TIP Capital have announced that they have entered into an agreement for Crestmark to acquire TIP Capital’s equipment leasing and asset management business. The acquisition is scheduled to be completed in late September 2014, pending...
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September 04, 2014, 07:38 AM
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SourceMedia’s Mergers & Acquisitions Conditions Index (MACI) edged higher in July, boosted by a rise in early-stage deal flow. The increase indicates that mid-market dealmakers are generally optimistic that the momentum experienced in the first half...
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August 21, 2014, 07:26 AM
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Envision Plastics and Ecoplast Corporation, (collectively the "Company"), have been acquired by Bain Capital ("Bain"). FocalPoint served as exclusive financial advisor to Envision/Ecoplast. The acquisition is expected to complement Bain's existing...
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August 15, 2014, 07:31 AM
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Deloitte Corporate Finance LLC (“DCF”) acted as advisor to Optimal Payments Plc, a leading global online payments and risk management provider, on two recent acquisitions: Santa Ana, California-based payment processing entity TK Global Partners L.P....
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CIT Group Inc., today announced that it has entered into a definitive agreement and plan of merger with IMB Holdco LLC, the parent company of OneWest Bank N.A. (“OneWest Bank”), for $3.4 billion in cash and stock.OneWest Bank is a privately owned...
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Medallion Financial Corp., a specialty finance company with a leading position servicing the taxicab industry and other niche markets, announced that it has acquired the assets of Newark Funding Corp., a Newark, New Jersey taxi medallion loan...
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KPMG LLP's wholly owned subsidiary, KPMG Corporate Finance LLC ("KPMG CF") has acquired substantially all of the assets of St. Charles Capital, a boutique investment bank that provides M&A and capital advisory services for mid-market companies...
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Ares Management, L.P. announced on Jun.5 that it has expanded into the commercial finance sector through its acquisition of Keltic Financial Services LLC and Keltic Financial Partners II, LP, a leading commercial finance company that provides...
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First Business Financial Services, Inc. and Aslin Group, Inc. announced the signing of a definitive agreement for First Business to acquire Aslin Group, including Alterra Bank, Aslin Group's wholly owned subsidiary. The cash-and-stock transaction is...
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Classic Party Rentals announced the completion of the acquisition of substantially all of the business of Event Rentals, Inc. and its subsidiaries, d/b/a Classic Party Rentals, by funds managed by subsidiaries of Apollo Global Management...
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Houlihan Lokey is pleased to announce the sale of Dallas-based Goodman Factors, a nationwide invoice factoring company, to Independent Bank of Memphis, TN. Houlihan Lokey served as exclusive financial advisor to Goodman Factors and assisted in...
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TAB Bank is pleased to announce it has entered into an Asset Purchase and Sale Agreement to acquire the factoring portfolio and other related assets of Anchor Funding Services, LLC of Charlotte, NC. In addition to Anchor’s factoring portfolio of...
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Triumph Bancorp, Inc., through its subsidiary, THE National Bank, a full service community bank, announced the signing of a definitive agreement to acquire the lending platform and certain assets of Doral Healthcare Finance, an asset-based lender...
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Clearlake Capital Group, L.P. announced that it has reached a definitive agreement to acquire ConvergeOne (the “Company”), a leading independent provider of innovative communications solutions and managed services to enterprises globally.Credit...
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LBC Credit Partners (“LBC”), a leading provider of financing solutions to middle-market companies, agented a second lien term loan to Diversified Maintenance Systems, LLC ("Diversified" or the “Company”), a portfolio company of Frontenac Company....
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Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, announced today that it has completed the previously announced acquisition of the products division of the material handling business of FMC Technologies, Inc. (NYSE...
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SSG Capital Advisors, LLC ("SSG") acted as the investment banker to Spectral Response, LLC ("Spectral" or the "Company") in the sale of substantially all of its assets to an affiliate of Hunter Technology Corp. ("Hunter"). The sale was effectuated...
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PacWest Bancorp ("PacWest") announced that on April 7, 2014, it completed its previously announced merger with CapitalSource Inc. ("CapitalSource"). CapitalSource Bank, a wholly-owned subsidiary of CapitalSource, merged with and into PacWest's...
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Safeway Inc., the second-largest U.S. grocery-store chain, agreed to be bought by Cerberus Capital Management LP’s Albertsons in a deal valued at about $9.2 billion, creating a bigger competitor to Kroger Co. and big-box rivals.
Safeway investors...
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PNC Riverarch Capital announced the acquisition of a controlling interest in Women’s Marketing, Inc. (WMI), a leading media strategy, planning and buying organization that works with emerging and established brands seeking exposure to female...
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February 13, 2014, 07:12 AM
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PNC Riverarch Capital and Roch Capital announced that affiliates of Roch Capital have acquired New Carbon Company, LLC, a leading provider of waffle and pancake mix to restaurants, hotels, colleges and other foodservice establishments. The...
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January 14, 2014, 06:53 AM
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Square 1 Bank, announced that it has acquired substantially all of the assets and hired all employees of Sand Hill Finance, LLC, a Silicon Valley-based provider of accounts receivable financing solutions for emerging growth companies. “We are...
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January 03, 2014, 08:00 AM
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According to a survey by KPMG LLP, the U.S. audit, tax and advisory firm, merger and acquisition (M&A) activity is expected to remain solid throughout 2014. Of the more than 1,000 M&A professionals, investors and advisors who participated in the...
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December 09, 2013, 08:01 AM
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MidCap Financial, a leading healthcare oriented commercial finance company focused on the middle market in the United States, today announced it has been acquired by an entity managed by Apollo Global Management, LLC (together with its consolidated...
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November 19, 2013, 07:43 AM
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Accord Financial Corp. announced that it has acquired a portfolio of factoring and asset-based loans from Brome Capital through its subsidiary, Accord Financial Inc. (AFI). After taking into account the acquisition, Accord's portfolio of loans...
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October 14, 2013, 07:41 AM
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Morgan Joseph TriArtisan LLC acted as exclusive financial advisor to Investcorp International, Inc. (“Investcorp”) in its acquisition of Paper Source, Inc. Paper Source is the premier multi-channel retailer offering a premium selection of uniquely...
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October 10, 2013, 07:39 AM
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Deloitte Corporate Finance LLC acted as the exclusive financial advisor to Partners Rx Management, LLC in its sale to Magellan Health Services, Inc. As a nationally-recognized, full-service commercial pharmacy benefits management company with a...
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October 09, 2013, 07:13 AM
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Solar Senior Capital Ltd. announced that it acquired, pursuant to a definitive agreement, dated September 30, 2013, Gemino Healthcare Finance, LLC (d/b/a Gemino Senior Secured Healthcare Finance) (“Gemino”) from affiliates of EDG Partners, D. E. Shaw...
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October 04, 2013, 08:03 AM
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Umpqua Holdings Corporation (UMPQ) and Sterling Financial Corporation (STSA) announced today that they have entered into a definitive agreement pursuant to which Sterling will merge with and into Umpqua. The transaction will have a total value of...
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September 13, 2013, 07:49 AM
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Ares Management LLC and Canada Pension Plan Investment Board (CPPIB) announced their affiliates have entered into a definitive agreement to acquire Neiman Marcus Group LTD Inc. from a group of investors led by TPG and Warburg Pincus for a purchase...
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September 10, 2013, 07:14 AM
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Harvest Partners, LP (“Harvest”), a New York-based private equity firm, announced its portfolio company TruckPro, LLC (“TruckPro”), a leading distributor of heavy duty truck and trailer parts and repair services, has purchased CCI Corporation (“CCI”)...
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August 09, 2013, 07:53 AM
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Hudson’s Bay Company and Saks Incorporated announced that they have entered into a definitive merger agreement whereby HBC will acquire Saks for U.S.$16.00 per share in an all-cash transaction valued at approximately U.S.$2.9 billion, including debt....
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PacWest Bancorp ("PacWest") and CapitalSource Inc. ("CapitalSource") announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby PacWest and CapitalSource will merge in a transaction valued at approximately $2.3...
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MB Financial, Inc. and Taylor Capital Group, Inc. announced the signing of a definitive merger agreement whereby MB Financial will acquire Taylor Capital. Taylor Capital is the holding company of Cole Taylor Bank, a commercial bank headquartered in...
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Catalysts are beginning to emerge that could prompt an increase in merger and acquisition activity in the U.S. banking sector over the immediate term, according to Fitch Ratings.
The growing factors include higher stock values for healthy...
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Barrier Advisors, a Dallas-based investment banking firm, announced its role as exclusive financial advisor to Wingspan Portfolio Holdings, Inc. during the firm’s acquisition of Dimont & Associates. Barrier Advisors had a dual role in the transaction...
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Piper Jaffray announced that it has entered a definitive agreement to acquire Edgeview Partners, L.P., a leading middle-market advisory firm specializing in mergers and acquisitions. Piper Jaffray and Edgeview Partners have very complementary...
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Hilco Brands, LLC, the brand investment and management division of Hilco Global, announced the acquisition of the Portico and Under the Canopy brands from New York-based Portico Brand Group. Key members of the Portico Brand Group management team will...
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Fifth Street Finance Corp. has successfully closed its portfolio company acquisition of Healthcare Finance Group (HFG). Fifth Street invested $114 million to effect the acquisition, financing the purchase with available liquidity, including operating...
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Strengthening its position as a leading M&A advisor for middle-market transactions, Deloitte Corporate Finance announced it has acquired substantially all of the assets of McColl Partners, an advisory-focused investment bank. A team of nearly 70...
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Fifth Street Finance Corp. announced that it has entered into a definitive agreement to acquire Healthcare Finance Group, LLC ("HFG") as a portfolio company. HFG is a specialty lender providing asset-based lending and term loan products to the...
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Provident New York Bancorp and Sterling Bancorp announced they have entered into a definitive merger agreement in a stock-for-stock transaction valued at $344 million, based on the closing price of Provident New York Bancorp common stock on April 3...
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According to a survey conducted by KPMG, merger and acquisitions (M&A), private equity and tax professionals from the technology, financial services and healthcare sectors, among others, expect an increase in their companies' or clients' deal...
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Crestmark announced the acquisition of certain assets of Ultimate Financial Solutions (UFS). Located in New York City, the factoring and financial services company has been in business for eight years and provides financing to the apparel, footwear...
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February 05, 2013, 07:48 AM
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Presidential Financial Corporation announced it will be acquired by MidFirst Bank. The acquisition is subject to final regulatory approval and it is anticipated that the transaction will close in early 2013. Presidential will operate as a subsidiary...
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January 17, 2013, 08:08 AM
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Crystal Financial announced it has been acquired as a portfolio company by Solar Capital Ltd., a publicly-held business development company focused on lending to middle-market companies. Crystal will continue to operate as an independent commercial...
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January 15, 2013, 11:08 AM
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Houlihan Lokey, the international investment bank, announced that it has acquired Milestone Advisors, LLC, a Washington, D.C.-based independent investment banking firm which provides mergers and acquisitions, corporate finance, and asset valuation...
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January 09, 2013, 07:48 AM
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Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced today that it has acquired Emerald Technology Valuations, LLC, a high tech...
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January 08, 2013, 07:59 AM
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CIT Group has agreed to acquire a commercial loan portfolio from Flagstar Bank (FSB), a wholly-owned subsidiary of Flagstar Bancorp, Inc.
Under the terms of the agreement, CIT Bank, the U.S. commercial bank subsidiary of CIT, will acquire...
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January 03, 2013, 08:08 AM
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American Capital announced today it has committed $212 million in the One Stop Buyout of Cambridge Major Laboratories (CML), a global provider of complex chemistry-based outsourcing services to the pharmaceutical and biotechnology industries. CML...
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December 28, 2012, 07:48 AM
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A CFO article notes that although there will be assets ripe for the picking, many companies will choose to wait out economic uncertainty and resist transformational deals citing are report by Ernst & Young.U.S. companies aiming to merge, consolidate...
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December 11, 2012, 08:00 AM
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American International Group, Inc. (NYSE: AIG) and an investor group led by Mr. Weng Xianding, the Chairman of New China Trust Co. Ltd., announced today that they have entered into an agreement under which AIG will sell up to a 90% stake in...
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December 10, 2012, 08:00 AM
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Reuters reported TCW Group said it is buying a special situations funds group that would allow it to enter the direct lending business for middle market clients, ahead of its own sale to private equity firm The Carlyle Group LP.The acquisition allows...
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December 04, 2012, 08:23 AM
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Private equity firm Mason Wells announced it closed on the acquisition of Whitehall Specialties, a Wisconsin-based producer of cheese products. The business will be owned by Mason Wells, management and other co-investors.
Co-investors include...
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November 27, 2012, 07:21 AM
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Colford Capital, a holding company building a diversified and industry leading specialty finance business including Princeton, NJ-based North Mill Capital, announced has acquired substantially all the assets of Equilease Financial Services, Inc. ...
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November 09, 2012, 08:18 AM
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According to a joint press release, Stifel Financial Corp. and KBW, Inc. have entered into a definitive merger agreement to create the premier middle-market investment bank with a specialized focus on the financial services industry. The transaction...
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November 05, 2012, 07:36 AM
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Effective November 1, 2012, Hitachi Capital America Corp. acquired the assets and operations of Michigan-based Hennessey Capital LLC, which will operate as a division of Hitachi Capital America to further improve its capability of providing...
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November 01, 2012, 07:42 AM
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Global investment bank and asset manager Moelis & Company is jumping into middle-market lending with the purchase of Chicago-based Freeport Financial Partners. Terms of the deal have were not disclosed.Freeport Financial, which will continue to...
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October 03, 2012, 07:00 AM
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