Mergers / Acquisitions

Corcentric Completes Acquisition of Determine Cloud Platform

Corcentric completed its purchase of substantially all of the assets of Determine, a provider of global source-to-pay and enterprise contract lifecycle management solutions. read more

Neumann Finance and Beneficial Equipment Finance Combine Forces to Create NewLane Finance

NewLane Finance will leverage the technology platform and industry expertise of
Neumann Finance with the maturity and heritage

of Beneficial Equipment Finance. read more

Liberty Capital Reaches $150 Million Funding Milestone

Liberty Capital Group passed a milestone for fund provision since entering the market in November 2010. Today, the level of small business loans, advances and equipment financing delivered to small businesses across the country has passed $150 million. The capital to achieve that milestone is provided by a combination of direct funding, syndication and through a network of lenders across the nation. read more

TimePayment Completes Acquisition of LeaseQ

Fintech company TimePayment has acquired LeaseQ. The acquisition adds immediate value to TimePayment’s strategic focus of offering vendor partners a leading platform, differentiated product offerings, faster funding and improved services. read more

Triumph Group Completes Sale of Machining and Fabrication Businesses

Triumph Group announced the completion of the previously announced sales of its machining and fabrication businesses to NWI Holdings and Arlington Capital Partners, respectively. read more

HomeStreet Bank Hires Business Lending Team from Silvergate Bank Branch

HomeStreet Bank completed its purchase of the San Marcos, CA deposit branch of Silvergate Bank, including certain related commercial loans. It also hired the branch’s business lending team. read more

Fifth Third Bancorp Completes Merger with MB Financial

Fifth Third Bancorp completed its acquisition of MB Financial. Primary systems and client conversion is expected to occur in early May 2019. read more

BancorpSouth Mergers with Casey & Merchants Receive Regulatory Approval

BancorpSouth Bank received regulatory approvals from the FDIC to complete its proposed mergers with Casey Bancorp and its subsidiary, Grand Bank of Texas, and with Merchants Trust and its subsidiary, Merchants Bank. read more

Rabobank, Mechanics Bank Agree to Merge

Mechanics Bank agreed to acquire Rabobank in a strategic business combination transaction valued at approximately $2.1 billion. The transaction has been approved by each party’s authorizing board of directors. read more

Hilco Acquires Assets of Social Network Tsu

Advisory firm Hilco Streambank acquired the assets of social network Tsu, including the TSU.co domain name, the Tsu trademark, proprietary code, software and its database of registrants. The acquisition comes in the wake of Evacuation Complete’s 2016 bankruptcy. read more

Fifth Third Approved for Merger with MB Financial

Fifth Third Bancorp has received all necessary regulatory approvals for completion of its acquisition of MB Financial as stipulated in the companies’ merger agreement from May 20, 2018. read more

MUFG to Acquire DVB Bank Aviation Finance Business

Mitsubishi UFJ Financial Group entered into an agreement with DVB Bank to purchase the latter’s Aviation Finance division. The deal is expected to close in the second half of 2019. read more

Blue Street Capital to Acquire Numerica Vendor Finance Business

Blue Street Capital acquired the vendor finance business of Numerica Capital. Blue Street plans to retain substantially all existing Numerica employees, along with the seasoned management team. read more

Hitachi Capital America Acquires Global Technology Finance

Hitachi Capital America signed a definitive agreement to purchase the assets of Global Technology Finance, a supply chain financing provider to value added re-sellers in the technology industry. read more

GE Transportation Completes Merger with Wabtec

GE completed the spin-off and subsequent merger of its transportation business with Wabtec. read more

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