Mergers / Acquisitions

UniFi Parent, Bank of Ann Arbor, to Acquire First National Bank in Howell

Arbor Bancorp and FNBH Bancorp have entered into a definitive agreement for Arbor to acquire First National in an all-cash transaction. read more

BMO Capital Markets Bolstered by Clearpool Group Fintech Acquistion

BMO Financial Group has entered into a definitive agreement to acquire Clearpool Group, a New York-based provider of holistic electronic trading solutions and an independent agency broker-dealer. read more

The Bancorp Acquires McMahon Leasing

The Bancorp acquired McMahon Leasing. The purchase expands The Bancorp’s footprint to the Southeastern Pennsylvania region, which will include a leasing office located in Norristown, PA. read more

Velocity Truck Centers Acquires Central Calif Truck and Trailer

Crossroads Equipment Lease and Finance sister company, Velocity Truck Centers, has acquired Central California Truck and Trailer Sales, an independent used-truck and new/used trailer retailer. read more

North Mill Acquires Sage Business Credit Portfolio

North Mill Capital has acquired the portfolio of Sage Business Credit, a Minneapolis-based factoring company. read more

CAT Subsidiary Rail Maintenance Leasing Acquired by Paceline Equity Partners

Affiliates of Paceline Equity Partners, a Dallas-based private equity manager, have acquired Progress Rail Equipment Leasing, a subsidiary of Caterpillar. read more

TIP Trailer Acquires Trailer Wizards

TIP Trailer Services, a trailer leasing, rental, maintenance and repair provider, completed the acquisition of Trailer Wizards, a Canadian supplier of trailer rental and leasing services. read more

Volvo to Sell Japan Truck Unit to Isuzu for $2.3B

Reuters reported that Volvo AB will sell UD Trucks, its Japan-based business to Isuzu Motors. read more

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

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