Mergers / Acquisitions

Textainer Acquires Remaining Interest in TAP Funding, Now Owns 100%

Textainer Limited, a wholly-owned subsidiary of Textainer, acquired the remaining 49.9% interest in TAP Funding, which is owned by TAP Ltd. Following the acquisition, Textainer Limited owns 100% of TAP Funding. read more

EVI Industries Completes Acquisition of Eastern Laundry Systems

EVI Industries completed its acquisition of Taunton, MA-based Eastern Laundry Systems on Jan. 15. EVI is a distributor that generates revenue by selling, leasing and renting commercial, industrial and vended laundry, dry-cleaning and material handling equipment, among other products. read more

TD Bank Acquires Wells Fargo’s Canadian Direct Equipment Finance Business

TD Bank and Wells Fargo entered a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo's Canadian direct equipment finance business. read more

HOLT CAT Acquires Sullair of Houston

HOLT CAT, a Caterpillar equipment and engine dealer in Texas, acquired Sullair of Houston, a fixed and portable compressed air dealer with operations in Houston, San Antonio and Odessa, TX. read more

Lineage Logistics Acquires Cryo-Trans to Offer Refrigerated Railcar Solutions

Lineage Logistics acquired Cryo-Trans, a North American provider of refrigerated and insulated railcars and rail management solutions. This partnership creates an integrated supply chain solution for food and beverage customers. Financial terms of the transaction were not disclosed. read more

GATX Acquires Trifleet Leasing for $215.17MM

GATX acquired Trifleet Leasing, the fourth largest global tank container lessor, for approximately €175 million ($215.17 million) in cash. read more

CAI Completes Sale of Railcar Fleet to Infinity Transportation

CAI International closed its previously reported agreement to sell all of its remaining railcar fleet to Infinity Transportation for $228.1 million. read more

InfraServ Subsidiary Acquires Bobcat Southwest

InfraServ acquired the Bobcat Southwest dealership group. The acquisition will be completed through InfraServ's subsidiary, Gateway Dealer Network, a provider of Bobcat and Doosan-branded industrial equipment sales, parts and service, and rental services. read more

Blue Ridge and Bay Banks of Virginia Receive Regulatory Approval for Merger

Blue Ridge Bankshares, the parent holding company of Blue Ridge Bank, and Bay Banks of Virginia, the parent holding company of Virginia Commonwealth Bank, received all required bank regulatory approvals for the pending merger of Bay Banks into Blue Ridge. read more

The Pete Store Enters Florida with Acquisition of Palm Peterbilt Truck Centers

The Pete Store completed the purchase of Palm Peterbilt Truck Centers, a truck dealer group with six locations in South Florida, including Miami, Fort Lauderdale, West Palm Beach, Fort Pierce, Clewiston and Fort Myers. read more

Alta Equipment Group Acquires Vantage Equipment

Alta Equipment Group entered into a definitive agreement with Vantage Equipment, a privately held construction equipment dealer operating three branches across New York, to acquire Vantage’s construction dealerships in an asset sale. read more

Huntington Bancshares and TCF Financial to Merge

Huntington Bancshares, the parent company of Huntington National Bank, and TCF Financial, the parent company of TCF National Bank, signed an agreement under which the companies will combine in an all-stock merger with a total market value of approximately $22 billion. read more

Wolters Kluwer Acquires eOriginal for $280MM

Wolters Kluwer Governance, Risk & Compliance acquired eOriginal, a provider of cloud-based digital lending software, for approximately €231 million ($280 million) in cash. read more

Ritchie Bros. Completes Acquisition of Rouse Services

Ritchie Bros. completed its acquisition of Rouse Services, a provider of data intelligence and performance benchmarking solutions. read more

Nesco Acquires Custom Truck One Source

Nesco entered into a definitive agreement to acquire Custom Truck One Source for a purchase price of $1.475 billion. Nesco and CTOS are providers of specialized truck and heavy equipment solutions, including rental, sales and aftermarket parts and service. read more

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