Mergers / Acquisitions

Societe Generale to Sell SG Finans to Nordea for $634MM

Societe Generale has agreed to sell its Nordics-based equipment finance and factoring business to Nordea Bank, according to a report from Reuters. read more

Alta Equipment & B. Riley Announce Merger

The combined company will become a publicly traded equipment dealership platform valued at approximately $550 million. read more

Apollo and Athene Close Acquisition of GE Capital’s PK AirFinance

Apollo Global Management, Athene Holding and GE Capital closed the transaction for Apollo and Athene to purchase PK AirFinance from GECAS. read more

BMO to Acquire Canadian Lease/Loan Portfolio from Key EF

BMO and Key Equipment Finance have entered into an agreement whereby BMO will acquire the latter's Canadian lease/loan portfolio. read more

BB&T, SunTrust Complete Merger, Relaunch as Truist

BB&T and SunTrust Banks completed their merger of equals and relaunched as Truist Financial, the sixth largest U.S. commercial bank. read more

Tokyo Century Acquires Remaining Interest in Aviation Capital

Tokyo Century has acquired the remaining interest in Aviation Capital Group, an aircraft asset manager. read more

Cambridge Bancorp, Wellesley Bancorp Sign Merger Agreement

Cambridge Bancorp and Wellesley Bancorp signed a definitive agreement pursuant to which Wellesley will merge with and into Cambridge in an all-stock transaction. read more

Sterling Completes Acquisition of EF Loans and Leases from Santander

Sterling National Bank completed its previously announced acquisition of $839 million in middle market commercial equipment finance loans and leases from Santander Bank. read more

Tokyo Century Acquires Allegiant Partners

Tokyo Century (USA) has acquired 100% of the capital stock of Allegiant Partners, an independent specialty finance and leasing company based in Bend, OR. read more

TAB Bank Acquires BAM Capital Portfolio from BAMFi

TAB Bank finalized its $46 million acquisition of BAMFi’s BAM Capital division. This is TAB Bank’s fourth successful completed acquisition of a working capital loan portfolio. read more

MVB Bank to Sell Four Banking Centers to Summit Community Bank

MVB Bank signed a definitive agreement under which Summit Community Bank will acquire four MVB Bank locations in Berkeley County and Jefferson County, West Virginia. read more

OCC Approves CIT Acquisition of Mutual of Omaha Bank

The Office of the Comptroller of the Currency has provided regulatory approval for the merger of Mutual of Omaha Bank into CIT Group's banking subsidiary, CIT Bank. read more

BB&T, SunTrust Win Merger Approval from US Antitrust Authorities

According to multiple outlets, BB&T and SunTrust Banks have won U.S. antitrust approval from the Department of Justice for their previously announced merger. read more

ATB Financial Acquires Tech Assets of Grow Technologies

ATB Financial acquired the technology assets of Grow Technologies. The majority of Grow’s team will transfer over to ATB with the merger. read more

Kingsbridge Holdings Acquires Technology Finance Corporation

Independent lessor Kingsbridge Holdings has acquired Technology Finance Corporation (TFC). Terms of the transaction were not disclosed. read more

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