Mergers / Acquisitions

United Community Banks Completes Merger with Reliant Bancorp

On Jan. 1, United Community Banks completed its merger with Reliant Bancorp, including its wholly-owned subsidiary, Reliant Bank, which was merged with and into United’s bank subsidiary, United Community Bank, and will now operate under the United brand. read more

WSFS Financial Completes Acquisition of Bryn Mawr Bank Corporation

WSFS Financial, the parent company of WSFS Bank, completed its acquisition of Bryn Mawr Bank Corporation and its primary subsidiary, the Bryn Mawr Trust Company. read more

Seacoast Completes Acquisition of Sabal Palm Bank and Florida Business Bank

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, completed its acquisitions of Sabal Palm Bancorp, the parent company of Sabal Palm Bank, and of Business Bank of Florida, the parent company of Florida Business Bank, effective Jan. 3. read more

Borland Sells US Energy Capital to Morningstar Energy

Jim Borland, president of US Energy Capital and the founding president of the National Association of Equipment Leasing Brokers, sold US Energy Capital to Morningstar Energy in Stuart, FL. read more

Trinity Industries Completes Sales of Highway Products Business

Trinity Industries completed the previously announced sale of its highway products business for $375 million in cash to Rush Hour Intermediate II, an entity owned by an affiliated investment fund of Monomoy Capital Partners. read more

RBB Bancorp Acquires Gateway Bank for $22.9MM

RBB Bancorp entered into a definitive agreement to acquire Gateway Bank in a cash transaction valued at approximately $22.9 million, subject to certain terms and conditions. read more

Shareholders Approve Home BancShares’ Acquisition of Happy Bancshares

During a special meeting, Home BancShares’ shareholders voted to approve the issuance of common stock in relation to the acquisition of Happy Bancshares. read more

Commercial Credit Acquires Keystone Equipment Finance

Commercial Credit, a Charlotte, NC-based equipment and accounts receivable finance company and the parent company of Commercial Credit Group and Commercial Funding, acquired Keystone Equipment Finance. read more

Federal Reserve Approves Merger of Webster Financial and Sterling Bancorp

The board of governors of the Federal Reserve provided regulatory approval of the previously proposed merger of Webster Financial and Sterling Bancorp. read more

Federal Reserve Approves WSFS’ Acquisition of Bryn Mawr Trust

WSFS Financial received all required approvals to acquire Bryn Mawr Bank Corporation, the parent company of the Bryn Mawr Trust Company, with the board of governors of the Federal Reserve approving the acquisition. read more

BMO Acquires Bank of the West for $16.3B

BMO Financial Group and its indirect, wholly-owned, Chicago-based subsidiary, BMO Harris Bank, signed a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries for $16.3 billion. read more

Federal Reserve Approves Merger of First Citizens and CIT

The board of governors of the Federal Reserve approved the previously proposed merger of First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank. read more

Regions Financial Acquires Clearsight Advisors

Regions Financial, the parent company of Regions Bank, entered into a definitive agreement to acquire Clearsight Advisors, a mergers and acquisitions firm. Regions Financial plans to incorporate Clearsight Advisors into Regions Bank’s capital markets division. read more

Penske Truck Leasing Completes Acquisition of DeCarolis Truck Rental

Penske Truck Leasing completed its acquisition of the assets of DeCarolis Truck Rental, a transportation company based in Rochester, NY. read more

Rush Enterprises Acquires Certain Assets of Summit Truck Group

Rush Enterprises acquired certain assets of Summit Truck Group, an International brand commercial vehicle dealership group in the United States. read more

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