Mergers / Acquisitions

Bankruptcy Court Approves Sale of Waypoint Assets to Macquarie Group

According to a post on Helicoptor Leasing, a bankruptcy judge approved the sale of bankrupt helicopter lessor Waypoint Leasing’s assets – including most of its helicopters – to Macquarie Group and some of its secured lenders. read more

BB&T, SunTrust to Merge in $66B Deal

SunTrust Bank and BB&T signed a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the sixth-largest U.S. bank based on assets and deposits. read more

Chemical Financial and TCF Financial to Merge

Chemical Financial and TCF Financial signed a definitive agreement under which TCF will merge into Chemical in an all-stock merger of equals transaction. The combined company will operate under the TCF name. read more

Sterling to Acquire Woodforest ABL and Equipment Finance Businesses

Sterling Bancorp, through its principal subsidiary, Sterling National Bank, agreed to acquire the asset-based and equipment finance lending businesses of Woodforest National Bank. read more

VAR Technology Finance Acquired by People’s United, Will Become LEAF Division

People's United Bank acquired VAR Technology Finance, a private, independent leasing and finance company that supports equipment sales through its financing programs within the technology channel. read more

First Midwest Completes Acquisition of Northern Oak Wealth Management

First Midwest Bancorp completed its acquisition of Northern Oak Wealth Management, a Milwaukee-based registered investment adviser with approximately $800 million of assets under management. read more

MUFG Union Bank to Acquire Supply Chain Finance Platform from GE Capital

MUFG Americas Holdings and GE Capital announced the signing of an agreement where MUFG Union Bank, a subsidiary of MUAH, will acquire trade payable services, a supply chain finance platform, from GE Capital. Terms of the transaction were not disclosed. read more

PNC Bank to Acquire Ambassador Financial Group

PNC Bank agreed to acquire Ambassador Financial Group, a provider of balance sheet management, investment banking and capital markets services to banks, insurance companies, and other financial institutions. read more

A to Z Equipment Acquires South Carolina Co

Wilmington Biz reported that North Carolina-based A to Z Equipment Rentals acquired a South Carolina company that rents construction equipment. read more

GECAS on the Chopping Block: Apollo May Place Bid

Bloomberg reported that private equity firm Apollo Global Management has entered talks with lenders to finance a potential acquisition of GE Capital Aviation Services. read more

Equitable Completes Strategic Acquisition of Bennington Financial

Equitable Group completed its previously announced acquisition of Bennington Financial Services, a profitable and growing privately owned company serving the brokered equipment leasing market in Canada. read more

Mammoth Energy Expands Aviation Services with Wexford JV, ARS Acquisition

Mammoth Energy Services announced the expansion of its aviation services business via the acquisition of Air Rescue Services and a joint venture with Wexford Capital, which purchased Brim Equipment Leasing. read more

The Carlyle Group Completes Majority Ownership Acquisition of Sedgwick

Sedgwick announced the closing of the previously announced acquisition by The Carlyle Group of majority ownership of Sedgwick from KKR and other shareholders. read more

Great Western Leasing Acquires All Points Equipment

Great Western Leasing and Sales announced the acquisition of and All Points Equipment Leasing. read more

Beacon Rail Leasing Acquires Diesel Locomotive Fleet from Colas Rail

Beacon Rail Leasing acquired a fleet of diesel locomotives from Colas Rail. The fleet is comprised of 67 locomotives which will continue to be operated by Colas Rail in the UK and France. read more

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