Mergers / Acquisitions

Voyager Aviation Agrees to Sell Assets to Azorra, Enters Chapter 11

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

North Mill Equipment Finance Sends Offer to Acquire IOU Financial

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

Banc of California to Merge with PacWest Bancorp

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

Atlantic Union Bankshares Acquires American National Bankshares

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

Flushing Bank Acquires Former Signature Bank Real Estate Lending Team

Flushing Financial, the parent holding company for Flushing Bank, acquired a commercial real estate lending team from the former Signature Bank. read more

Penske Truck Leasing Completes Star Truck Rentals and Kris-Way Truck Leasing Acquisitions

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

JA Mitsui Leasing Acquires Katsumi Global

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

McGrath RentCorp Acquires Colorado-Based Inland Leasing and Storage

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

Republic Bank Completes Merger with Commercial Industrial Finance

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

Byline Bancorp Completes Merger with Inland Bancorp

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

Monroe Capital Completes Acquisition of Horizon Technology Finance Management

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

LINKBANCORP and Partners Bancorp Receive Shareholder Approval for Merger

Shareholders of LINKBANCORP and Partners Bancorp approved the merger of Partners with and into LINKBANCORP, with LINKBANCORP as the surviving corporation. read more

SVB Financial Group Sells SVB Securities to Management Team Backed by Baupost Group

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

Customers Bank Acquires $631MM Venture Loan Portfolio, Recruits Venture Banking Team

Customers Bank acquired a $631 million venture banking loan portfolio from the FDIC at approximately 85% of book value. Customers Bank also recruited 30 team members from the group that originated the loans to service the venture-backed growth industry. read more

First Federal Bank Acquires Mortgage Division of BNC National Bank

First Federal Bank acquired the assets and added the team of employees from BNC National Bank's mortgage division. read more

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