Mergers / Acquisitions

Flushing and Empire Delay Merger Due to Effects of COVID-19

Flushing Financial and Empire Bancorp will delay the closing of their previously announced merger due to the severe instability and volatility in the U.S. financial and stock markets caused by the novel coronavirus (COVID-19) pandemic. read more

Alliance Funding Group Acquires Pinnacle Capital Partners

Alliance Funding Group acquired Pinnacle Capital Partners, an independent specialty finance and leasing company based in Tacoma, WA. read more

American Trailer Rental Group Completes Advantage Trailer Acquisition

American Trailer Rental Group has expanded to Texas with the acquisition of Dallas-based Advantage Trailer Leasing. read more

Regions Bank to Acquire Ascentium Capital

Regions Bank entered into a definitive agreement to acquire Ascentium Capital from Warburg Pincus, a global private equity firm focused on growth investing. read more

Bombardier Sells Rail Division to Alstom

Bombardier made the strategic decision to focus exclusively on business aviation and plans to accelerate its deleveraging through the sale of its rail business. read more

Citizens Expands Corporate Finance Team with Trinity Capital Acquisition

Citizens Financial Group agreed to purchase the assets of Trinity Capital, a Los Angeles-based advisory firm that delivers a range of financial services to commercial clients. read more

Rand Logistics to Acquire American Steamship Company from GATX

Rand Logistics entered into a stock purchase agreement to acquire American Steamship Company from GATX. read more

UniFi Parent, Bank of Ann Arbor, to Acquire First National Bank in Howell

Arbor Bancorp and FNBH Bancorp have entered into a definitive agreement for Arbor to acquire First National in an all-cash transaction. read more

BMO Capital Markets Bolstered by Clearpool Group Fintech Acquistion

BMO Financial Group has entered into a definitive agreement to acquire Clearpool Group, a New York-based provider of holistic electronic trading solutions and an independent agency broker-dealer. read more

The Bancorp Acquires McMahon Leasing

The Bancorp acquired McMahon Leasing. The purchase expands The Bancorp’s footprint to the Southeastern Pennsylvania region, which will include a leasing office located in Norristown, PA. read more

Velocity Truck Centers Acquires Central Calif Truck and Trailer

Crossroads Equipment Lease and Finance sister company, Velocity Truck Centers, has acquired Central California Truck and Trailer Sales, an independent used-truck and new/used trailer retailer. read more

North Mill Acquires Sage Business Credit Portfolio

North Mill Capital has acquired the portfolio of Sage Business Credit, a Minneapolis-based factoring company. read more

CAT Subsidiary Rail Maintenance Leasing Acquired by Paceline Equity Partners

Affiliates of Paceline Equity Partners, a Dallas-based private equity manager, have acquired Progress Rail Equipment Leasing, a subsidiary of Caterpillar. read more

TIP Trailer Acquires Trailer Wizards

TIP Trailer Services, a trailer leasing, rental, maintenance and repair provider, completed the acquisition of Trailer Wizards, a Canadian supplier of trailer rental and leasing services. read more

Volvo to Sell Japan Truck Unit to Isuzu for $2.3B

Reuters reported that Volvo AB will sell UD Trucks, its Japan-based business to Isuzu Motors. read more

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