Gordon Brothers, an advisory, restructuring and investment firm, and Nations Capital (NCI) joined forces to expand the firms’ commercial and industrial market presence and serve a broader range of clients with holistic solutions. read more
AUG 4, 2023 - 7:13 am
U.S. Bancorp plans to issue 24 million shares of common stock to an affiliate of Mitsubishi UFJ Financial Group (MUFG) for a purchase price of $936 million. U.S. Bancorp will use proceeds of the transaction to satisfy a portion of its previously announced repayment obligation to MUFG. read more
AUG 3, 2023 - 6:52 am
Voyager Aviation, an aviation investment firm, reached an agreement to sell substantially all its assets to aircraft lessor Azorra Explorer. To execute the sale, Voyager Aviation filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code. read more
JUL 28, 2023 - 7:01 am
North Mill Equipment Finance sent a letter recently to the special committee of the board of directors of IOU Financial proposing to acquire the company at a 27% premium to the price per share agreed to by IOU and a group of inside shareholders. read more
JUL 26, 2023 - 7:05 am
Banc of California signed a definitive merger agreement with PacWest Bancorp. The combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction. read more
JUL 26, 2023 - 7:03 am
Atlantic Union Bankshares and American National Bankshares entered into a definitive merger agreement for Atlantic Union to acquire American National in an all-stock transaction valued at $416.8 million. read more
JUL 26, 2023 - 6:58 am
Flushing Financial, the parent holding company for Flushing Bank, acquired a commercial real estate lending team from the former Signature Bank. read more
JUL 18, 2023 - 6:40 am
Penske Truck Leasing recently completed the acquisitions of Star Truck Rentals and Kris-Way Truck Leasing. The acquisition of the two companies adds approximately 2,800 vehicles and 25 locations to Penske’s existing operations. read more
JUL 17, 2023 - 6:48 am
JA Mitsui Leasing acquired 100% interest in Michigan-based Katsumi Global through its subsidiary, JA Mitsui Leasing Capital, as it expands in North America. read more
JUL 14, 2023 - 7:13 am
McGrath RentCorp, a business-to-business rental company in North America, acquired the assets of Inland Leasing and Storage, a regional provider of portable storage solutions in the Colorado market. The transaction was funded with borrowings from McGrath’s revolving credit facility. read more
JUL 7, 2023 - 7:02 am
St. Louis-based Commercial Industrial Finance (CIF) became Republic Bank Finance following the final completion of the merger of CIF with Republic Bank. CIF was acquired by Republic Bank & Trust Company and its parent company, Republic Bancorp, in March, as part of the acquisition of CIF’s former parent company, CBank. read more
JUL 6, 2023 - 7:03 am
Byline Bancorp, the parent company of Byline Bank, completed its merger with Inland Bancorp. The transaction brings Byline’s total assets to approximately $8.7 billion, based on information as of this year. read more
JUL 5, 2023 - 7:11 am
Monroe Capital completed the acquisition of Horizon Technology Finance Management, a venture debt investment manager for companies in the technology, life sciences, healthcare information and services, and sustainability industries. read more
JUL 5, 2023 - 7:07 am
Shareholders of LINKBANCORP and Partners Bancorp approved the merger of Partners with and into LINKBANCORP, with LINKBANCORP as the surviving corporation. read more
JUN 23, 2023 - 7:10 am
SVB Financial Group entered into a definitive purchase agreement with the management team bidder group led by Jeff Leerink, SVB Securities' CEO and founder, and backed by funds managed by The Baupost Group for the sale of its investment banking business, SVB Securities. read more
JUN 19, 2023 - 7:36 am