Dechert announced the addition of Brian Miner as a partner in its corporate and securities practice group, further bolstering the firm’s capabilities in middle market private equity and M&A. Mr. Miner will be based in the firm’s New York office.Miner...
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March 01, 2024, 07:29 AM
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Breakout Capital, a leading fintech company simplifying access to term loans for small businesses, announced the successful merger of 12Five Capital, a Chicago-based commercial finance company with a focus on factoring, purchase order financing and...
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September 18, 2023, 08:02 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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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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TD Bank Group and Cowen Inc. announced a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at US$1.3 billion, or US$39 for each share of Cowen common stock. Through this transaction, TD Securities will accelerate its long...
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August 02, 2022, 08:02 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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Crossroads Systems, a holding company focused on investing in businesses that promote economic vitality and community development, announced a merger with Rise Line Business Credit ("Rise Line"), a nationwide asset-based lending firm that provides...
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September 28, 2021, 07:52 AM
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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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April 19, 2021, 08:00 AM
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WSFS Financial Corporation and Bryn Mawr Bank Corporation jointly announced the signing of a definitive merger agreement whereby Bryn Mawr Bank Corporation (“Bryn Mawr”) will merge with WSFS Financial Corporation (“WSFS”), in a transaction valued at...
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March 11, 2021, 08:10 AM
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Audax Private Debt and Adams Street Partners, as Joint Lead Arrangers, provided a unitranche credit facility to support Freeman Spogli’s acquisition of US Med-Equip (“USME” or the “Company”), a value-added distributor and rental provider of movable...
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December 14, 2020, 08:35 AM
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H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with over $40 billion of equity capital under management, announced that one of its affiliates has signed a definitive agreement to acquire Capstone Logistics, LLC (“Capstone” or...
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October 21, 2020, 08:45 AM
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Citizens Capital Markets, Inc. announced that it served as financial advisor to Liberty Steel Products, Inc. in its divestiture of Welded Tubes, Inc. (“WTI”) to Lock Joint Tube LLC, a subsidiary of Steel Warehouse Company, LLC. WTI’s President, Joe...
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September 28, 2020, 08:50 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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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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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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April 27, 2020, 09:10 AM
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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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March 03, 2020, 09:10 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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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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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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Hospital market concentration in U.S. metro areas increased by 5 percentage points from 2012 to 2016, according to a recent report from the Health Care Cost Institute, stoking the debate about industry consolidation and its impact on healthcare costs...
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October 08, 2019, 08:35 AM
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Fintech FIS and Worldpay, Inc., a global provider of eCommerce and payments, have entered into a definitive merger agreement. This combination greatly expands FIS’ capabilities by enhancing its acquiring and payment offerings and significantly...
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March 18, 2019, 09:01 AM
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Global Merchant Fund Corp., a North American provider of financial solutions for middle-market companies, announced the acquisition of Accutrac Capital Solutions Inc., a transportation factoring company that provides working capital solutions to...
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March 11, 2019, 08:28 AM
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Hitachi Capital America Corp. has signed a definitive agreement to purchase the assets of Ohio-based Global Technology Finance, a supply chain financing provider to value added resellers (VARs) in the technology industry.
The decision to acquire...
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February 26, 2019, 08:02 AM
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Global power and utilities transactions attained an all-time high in 2018, increasing 28% in overall deal value to $256.3 billion with a record volume of 546 deals, according to the EY report Power transactions and trends Q42018.
Europe contributed...
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February 25, 2019, 08:05 AM
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Fintech investment in the U.S. hit a record $52.5 billion during 2018, driven by a strong M&A (mergers & acquisitions) market, and venture capital (VC) accounting for more than half of the 1061 fintech deals, according to KPMG’s 2018 Pulse of Fintech...
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February 15, 2019, 08:00 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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Carbonite, Inc., a cloud-based data protection provider, and Webroot Inc., a cybersecurity company, announced that they have entered into a definitive agreement under which Carbonite will acquire Webroot for approximately $618.5 million in cash....
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February 08, 2019, 09:00 AM
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SunTrust Banks, Inc. and BB&T Corporation announced both companies' boards of directors have unanimously approved a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the...
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February 07, 2019, 09:00 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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TIAA Bank announced the acquisition of a $1.5 billion portfolio of healthcare equipment leases and loans from GE Capital’s Healthcare Equipment Finance (HEF) business. This significantly expands TIAA Bank’s commercial banking business and enhances...
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November 16, 2018, 08:01 AM
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LaSalle Investment Management announced it has entered into an agreement to make a majority acquisition of the $1.2 billion debt fund business of Latitude Management Real Estate Investors. The transaction is subject to customary closing conditions...
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November 05, 2018, 08:00 AM
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After one of the most active years for property and casualty (P&C) and life insurance M&A, market conditions point to a continued push for deals, according to analysis by S&P Global Market Intelligence.Through the first nine months of 2018, the $39.1...
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October 12, 2018, 07:48 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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Highly leveraged corporate borrowers are thriving in the current economic environment, according to a new report from Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners. Earnings growth...
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July 19, 2018, 07:45 AM
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Gordon Brothers, the global advisory, restructuring, and investment firm, announced that it has acquired the Bench brand and all its related intellectual property assets. Launched in Manchester, U.K. in 1989, Bench is one of the first streetwear...
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July 09, 2018, 07:10 AM
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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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July 02, 2018, 08:00 AM
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Conagra Brands, Inc. and Pinnacle Foods Inc. announced that their boards of directors have unanimously approved a definitive agreement under which Conagra Brands will acquire all outstanding shares of Pinnacle Foods in a cash and stock transaction...
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June 27, 2018, 08:00 AM
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Gray Television, Inc. and Raycom Media, Inc., an employee-owned company, jointly announced that they have entered into an agreement to combine their companies in a transformative transaction that will create the single largest owner of top-rated...
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June 26, 2018, 07:43 AM
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Monroe Capital LLC announced an increase in the credit facility to Reapit Group to support the addition of Agentbox. The combined company is backed by Accel-KKR, a technology-focused investment firm, and has $4.3 billion in capital...
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May 31, 2018, 08:01 AM
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Superior Plus Corp. announced that it has entered into an agreement with NGL Energy Partners LP to acquire all of the outstanding equity interest in NGL Propane, LLC, NGL Energy’s retail propane distribution business, for total cash consideration of...
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May 31, 2018, 08:00 AM
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ZenFi Networks and Cross River Fiber announced the signing of a definitive merger agreement, which upon closing will create the leading communications infrastructure provider in the New York and New Jersey metro areas with more than 700 route miles...
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April 25, 2018, 07:00 AM
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Private equity investment firm Veritas Capital and General Electric Co. announced an affiliate of Veritas has entered into a definitive agreement with GE to acquire the Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory...
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April 03, 2018, 08:01 AM
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Record dry powder, a historically long economic expansion, tax reform and muted interest rates continue to drive record or near-record private equity (PE) buyout and exit activity, according to data analyzed by top 100 U.S. law firm Akerman LLP. The...
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March 30, 2018, 07:24 AM
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Athletic retailer The Finish Line, Inc. announced that it has entered into a merger agreement providing for JD Sports Fashion Plc to acquire 100% of the issued and outstanding Finish Line shares at a price of $13.50 per share in cash representing an...
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March 26, 2018, 07:33 AM
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Global oil and gas deal volume hit a five-year low in 2017, and total global transaction value fell to $343 billion from $390 billion in 2016. This is according to the EY Global oil and gas transaction review 2017, which also found that while 2017...
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February 23, 2018, 07:08 AM
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Mallinckrodt has entered into a $600 million senior secured term loan facility to help finance its merger with Sucampo Pharmaceuticals, Inc., according to a regulatory filing. The New Term Loan is an incremental facility under the Credit Agreement...
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February 14, 2018, 07:15 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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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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Dr Pepper Snapple Group, Inc. and Keurig Green Mountain, Inc. announced that the companies have entered into a definitive merger agreement to create Keurig Dr Pepper, a new beverage company of scale with a portfolio of iconic consumer brands and...
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February 01, 2018, 08:00 AM
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Thomson Reuters announced that it has signed a definitive agreement to enter into a strategic partnership with Blackstone. As part of the transaction, Thomson Reuters will sell a 55% majority stake in its F&R business to private equity funds managed...
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January 31, 2018, 07:45 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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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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Optimism in the industry remains strong, despite continued competition for deal flow, stagnantly low growth and historically high valuations, according to RSM US's Q3 2017 Business Products and Services Industry Spotlight. Companies operating in the...
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November 29, 2017, 07:26 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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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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Sidley Austin LLP announced that it will add a highly sought-after team of five partners to its Capital Markets and M&A practices, four of whom – David Buck, Jon Daly, Angela Richards and George Vlahakos – will be based in its Houston office, with...
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October 26, 2017, 07:27 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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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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Golub Capital recently announced that as Administrative Agent, Sole Bookrunner and Sole Lead Arranger, it provided a $200 million senior credit facility to support the merger of Downtown Locker Room (DTLR), a portfolio company of Bruckmann, Rosser...
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August 18, 2017, 08:00 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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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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July 10, 2017, 07:15 AM
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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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July 07, 2017, 07:38 AM
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TRC Companies, Inc., a provider of engineering, environmental consulting and construction-management services, announced it has completed the previously announced merger with affiliates of New Mountain Partners IV, L.P., an investment fund managed by...
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June 22, 2017, 07:10 AM
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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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June 08, 2017, 07:12 AM
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Deutsche Bank announced an addition to its M&A team with the appointment of Jeffrey Mensch as a Managing Director. Mensch will be based in New York and report to Charlie Dupree, Head of Americas M&A. Mensch will join the bank in early June from...
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May 31, 2017, 08:18 AM
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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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May 11, 2017, 07:26 AM
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Expect 2017 to be a year of deal making in the insurance industry, according to a new report released today by KPMG International, with 84 percent of insurance companies surveyed planning to make between one and three acquisitions in 2017, while 94...
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March 17, 2017, 07:14 AM
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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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Capstone Strategic, a leading M&A advisory firm for the middle market, surveyed middle market executives from multiple industries on their growth and M&A experience in 2016 and their outlook for 2017. The survey was conducted in December 2016 and...
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February 22, 2017, 08:00 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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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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The DAK Group, a boutique investment bank specializing in serving the needs of middle-market companies, announced that Sheon Karol has joined the firm as Managing Director. Karol brings a rare combination of executive, turnaround, legal, and finance...
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November 29, 2016, 07:29 AM
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Ritchie Bros. Auctioneers Incorporated and IronPlanet® jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire IronPlanet for approximately US$758.5 million, subject to customary closing adjustments.Founded...
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August 30, 2016, 07:23 AM
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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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July 25, 2016, 07:23 AM
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Surplus capital and low interest rates are providing the currency to boost middle-market M&A activity, according to the Inside the Middle Market research report released by Brown Gibbons Lang & Company (BGL) www.bglco.com. Please access the report...
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December 11, 2015, 08:00 AM
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DealSource Partners, a provider of the highest quality merger and acquisition, corporate finance and strategic advisory services to middle-market companies, announced three additions to the company: Ken Hoganson, Jon Wiley and Ken Lacy.Hoganson joins...
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July 01, 2015, 07:22 AM
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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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April 02, 2015, 07:31 AM
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Clear Thinking Group announced that it is forming a strategic partnership with Threadstone Advisors in order to expand its portfolio of services to include M&A advisory and capital procurement. Working collaboratively with Threadstone will allow...
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April 01, 2015, 07:18 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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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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Tim Hortons Inc. and Burger King Worldwide Inc. announced a definitive agreement under which the two companies will create a new global powerhouse in the quick service restaurant sector. With approximately $23 billion in system sales, over 18,000...
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August 27, 2014, 07:53 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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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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July 22, 2014, 07:51 AM
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FirstBank Florida announced it has arranged a $12 million senior secured facility for Dragados, the company heading the Construction division of the ACS Group, which has acquired 100% of the Tampa-based Prince Contracting, LLC, which specializes in...
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June 18, 2014, 07:04 AM
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