Mergers / Acquisitions

b1BANK to Acquire Oakwood Bank for $85.7MM

Business First Bancshares, the holding company for b1BANK, entered into a definitive agreement to acquire Oakwood Bancshares and its wholly-owned bank subsidiary, Oakwood Bank, in an all-stock transaction for total consideration value of approximately $85.7 million. read more

MidFirst Bank to Acquires 6 Houston Banking Locations of Amerant Bank

MidFirst Bank entered into a definitive agreement to acquire the Houston banking locations of Amerant Bank, the main subsidiary of Amerant Bancorp. MidFirst will will gain Amerant’s Houston client relationships totaling approximately $576 million in deposits and $529 million in loans. read more

Wintrust Financial Acquires Macatawa Bank for $510.3MM

Wintrust Financial entered a definitive agreement to acquire Macatawa Bank Corporation, the parent company of Macatawa Bank, a Michigan state-chartered bank, in an all-stock transaction valued at approximately $510.3 million. read more

Transportation Equipment Network and TIP Canada to Combine Operations

I Squared Capital announced a transaction to combine the North American operations of two of its portfolio companies, with the recently rebranded Transportation Equipment Network acquiring TIP Canada, a trailer leasing and rental company. read more

Fed Approves Merger of Provident Bank and Lakeland Bank

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, received regulatory approval from the Federal Reserve to complete their previously announced merger. read more

H&E Equipment Services to Acquire Equipment Rental Company in Montana

Equipment rental company H&E Equipment Services signed a definitive agreement to acquire Lewistown Rental, a Lewistown, MT-based equipment rental business, and three of its affiliated rental operations in Havre, Glasgow and Great Falls, MT. read more

Société Générale Agrees to Sell Equipment Finance Business to BPCE for $1.18B

Société Générale signed a memorandum of understanding with French banking company Group BPCE for the divestment of its equipment finance business for a purchase price of €1.1 billion ($1.18 billion). read more

JA Mitsui Leasing Acquires Oakmont Capital Services

JA Mitsui Leasing, through its subsidiary, JA Mitsui Leasing USA, acquired a 100% interest in Oakmont Capital Services. The company will continue to use the Oakmont Capital Services brand, and there will be no changes to the current management or team.  read more

Old National Bank Completes Merger with CapStar Bank

Old National Bancorp, the holding company of Old National Bank, closed its previously-announced merger with Nashville, TN-based CapStar Financial Holdings, the holding company for CapStar Bank, on April 1. read more

Atlantic Union Bank Completes Acquisition of American National Bank

Atlantic Union Bankshares completed its previously announced merger with American National Bankshares, effective today. Based on the closing price of Atlantic Union common stock of $35.31 on March 28, the aggregate transaction value was approximately $507 million. read more

Royal Bank of Canada Completes Acquisition of HSBC Bank Canada

Royal Bank of Canada completed its acquisition of HSBC Bank Canada last week. With the closing of the acquisition, conversion activities have begun, with HSBC Bank Canada's branches and offices opening today as Royal Bank of Canada locations. read more

Meridian Equipment Leasing to Be Acquired by Vivakor

Vivakor, an operator, acquirer and developer of clean energy technologies and environmental solutions, signed a definitive membership interest purchase agreement to acquire several entities from Jorgan Development and JBAH Holdings, including Meridian Equipment Leasing. read more

Quiktrak Purchases TKS Group, Acquires CHECKS Auditing Software

Quiktrak purchased the TKS Group. The purchase brings TKS’s CHECKS software, a mobile-first, AI-driven technology solution for managing assets and audit processes, under the Quiktrak umbrella. read more

Peoples Financial and FNCB Bancorp Receive Shareholder Approval for Merger

Peoples Financial Services and FNCB Bancorp announced that at special meetings of their respective shareholders held on March 22, Peoples and FNCB shareholders approved the merger of FNCB with and into Peoples, with Peoples as the surviving corporation. read more

United Rentals Completes Acquisition of Yak Access

Equipment rental company United Rentals completed its previously announced acquisition of Yak Access, Yak Mat and New South Access & Environmental Solutions from Platinum Equity for approximately $1.1 billion in cash. read more

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