Mergers / Acquisitions

Fulton Financial Acquires Prudential Bancorp

Fulton Financial completed its acquisition of Prudential Bancorp. Prudential Bancorp’s subsidiary, Prudential Bank, will operate as a separate subsidiary of Fulton Financial until Q4/22, when Fulton Financial expects to merge Prudential Bank into its existing subsidiary, Fulton Bank. read more

AgChoice Farm Credit and MidAtlantic Farm Credit Merge as Horizon Farm Credit

AgChoice Farm Credit and MidAtlantic Farm Credit jointly merged, forming Horizon Farm Credit, on July 1. The merger was voted on and approved by the membership of each association in May and received final regulatory approval from the Farm Credit Administration. read more

Stifel Completes Acquisition of ACXIT Capital Partners

Stifel Financial completed its acquisition of ACXIT Capital Partners, an independent corporate finance and financial advisory firm serving European middle-market clients and entrepreneurs. read more

Popular Acquires Customer Channels, Amends Commercial Contracts with Evertec

Popular’s wholly-owned subsidiary, Banco Popular de Puerto Rico (BPPR), completed its acquisition of certain assets and assumption of certain liabilities used by Evertec Group, a wholly-owned subsidiary of Evertec, to service certain BPPR channels. read more

Wingspire Capital Acquires Liberty Commercial Finance to Enhance Equipment Finance Platform

Wingspire Capital agreed to acquire Liberty Commercial Finance. The acquisition will provide Wingspire Capital with a direct originations platform that has a nationwide market presence in the United States providing equipment finance solutions to middle-market companies. read more

ABLE Equipment Rental Purchases Elite Construction Rental’s Equipment Rental Assets

ABLE Equipment Rental of New York (ABLE), a supplier of construction equipment rentals, sales, service and parts, purchased the equipment rental assets and service operations of Elite Construction Rentals in Wallingford, CT. read more

Time Manufacturing Acquires France Elévateur

Time Manufacturing, a global provider of vehicle-mounted aerial lifts and a portfolio company for H.I.G. Capital, acquired France Elévateur. a manufacturer of vehicle-mounted aerial platforms. read more

BankFirst Capital Closes Acquisition of Tate Financial and Sycamore Bank

BankFirst Capital, the parent company of BankFirst Financial Services, closed a definitive merger agreement with Tate Financial, the parent company of Sycamore Bank, under which BankFirst will acquire Tate and Sycamore Bank.  read more

FDIC Approves Merger of Allegiance Bancshares and CBTX

Allegiance Bancshares, the holding company of Allegiance Bank, and CBTX, the holding company of CommunityBank of Texas, jointly received regulatory approval from the FDIC for their merger. read more

Huntington Bancshares Completes Acquisition of Capstone Partners

Huntington Bancshares completed its acquisition of Capstone Partners, an investment banking and advisory firm, creating an expanded banking experience for clients in Huntington's capital markets and commercial banking franchise. read more

Eastern Funding Merges with Macrolease

Eastern Funding, a financial lender to laundromats and other businesses, merged operations with Macrolease, a specialized equipment finance and leasing company serving the fitness, wellness and nutrition markets. read more

VersaBank Acquires Stearns Financial Services Subsidiary for $13.5MM

VersaBank, a provider of digital banking and cybersecurity solutions, signed a definitive agreement to acquire Minnesota-based Stearns Bank Holdingford, a privately-held, wholly-owned subsidiary of Stearns Financial Services, for $13.5 million.   read more

Citizens Financial Group Completes Acquisition of DH Capital

Citizens Financial Group completed its acquisition of DH Capital, a private investment banking firm serving companies in the internet infrastructure, software and next generation IT services and communications sectors. read more

Forsee Power Finalizes Acquisition of NEoT Capital Shares from Mitsubishi Corporation

Forsee Power, a provider of smart battery systems for sustainable electromobility, completed its acquisition of NEoT Capital shares from Mitsubishi Corporation. read more

F.N.B. to Acquire UB Bancorp, Union Bank

F.N.B. Corporation and UB Bancorp signed a definitive merger agreement for FNB to acquire UB Bancorp, including its wholly-owned banking subsidiary, Union Bank. read more

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