Equitable Bank, a wholly-owned subsidiary of EQB, completed the acquisition of Concentra Bank for a premium of $35.7 million to its $459.7 million book value of common equity, subject to final standard closing purchase price adjustments. read more
NOV 3, 2022 - 7:17 am
According to a new Grant Thornton survey of merger and acquisition professionals, 72% of respondents expect deal volume to increase over the next six months despite rising interest rates threatening access to capital and uncertainty about a potential increase in capital gains taxes. read more
NOV 2, 2022 - 7:09 am
Republic Bancorp, the parent company of Republic Bank & Trust, and Cincinnati-based CBank signed an agreement and plan of merger under which Republic will acquire CBank and its wholly-owned subsidiary, Commercial Industrial Finance. read more
OCT 28, 2022 - 7:18 am
Peoples Bancorp and Limestone Bancorp signed a merger for Peoples to acquire Limestone. Limestone will merge into Peoples and will subsequently merge with Peoples' wholly-owned subsidiary, Peoples Bank, in a transaction valued at approximately $208.2 million. read more
OCT 25, 2022 - 7:09 am
Mitsubishi HC Capital’s executive committee approved the merger of CAI International and Beacon Intermodal Leasing, LLC. The merger will be effective Jan. 1, 2023. read more
OCT 19, 2022 - 7:10 am
Mitsubishi UFJ Financial Group (MUFG) reported that the final required regulatory approvals for the sales of MUFG Union Bank to U.S. Bank have been obtained, with the acquisition now expected to close on Dec. 1. read more
OCT 19, 2022 - 7:08 am
U.S. Bank has received all required U.S. regulatory approvals to complete its previously announced acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group (MUFG). read more
OCT 17, 2022 - 7:07 am
Seacoast Banking of Florida, the holding company for Seacoast National Bank, acquired Apollo Bancshares, parent company of Drummond Community Bank, effective Oct. 7. read more
OCT 10, 2022 - 7:23 am
The healthcare finance business of CIT, a division of First Citizens Bank, served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals. The buyer is a joint venture directed by an affiliate of Rethink Healthcare Real Estate, formerly Seavest Healthcare Properties. read more
SEP 29, 2022 - 7:42 am
Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, will combine in an all-stock merger valued at approximately $1.3 billion. read more
SEP 28, 2022 - 7:40 am
CSI LifeCycle Leasing GmbH, a wholly-owned subsidiary of CSI Leasing, acquired tradefinity GmbH, a German IT asset disposal (ITAD) company. With this acquisition of tradefinity, CSI Leasing has 20 ITAD facilities worldwide. read more
SEP 27, 2022 - 7:45 am
PNC Financial Services Group acquired Linga, a point of sale and payments solutions firm providing a cloud-based restaurant operating system. Linga will continue to manage its portfolio of channel partners and clients. read more
SEP 27, 2022 - 7:41 am
U.S. Bancorp and Mitsubishi UFJ Financial Group extended the outside termination date of the purchase agreement for U.S. Bank’s acquisition of MUFG from Sep. 30, 2022, to Dec. 31, 2022. read more
SEP 19, 2022 - 7:50 am
Banc of California acquired the payments platform and technology of Global Payroll Gateway and its wholly-owned subsidiary, Deepstack Technologies, for $24 million in cash and stock. read more
SEP 16, 2022 - 7:35 am
Allegiance Bancshares, the holding company of Allegiance Bank, and CBTX, the holding company of CommunityBank of Texas, received regulatory approval from the Board of Governors of the Federal Reserve System to complete their merger of equals. read more
SEP 16, 2022 - 7:32 am