Mergers / Acquisitions

NewStar Sells Equipment Finance Business to Radius Bank

NewStar Financial announced the sale of its equipment finance business and related assets to Boston-based Radius Bank for approximately $140 million in cash. read more

Canadian Equipment Rentals Sells Waste Management Division for $12MM

Canadian Equipment Rentals completed the sale of 100% of the issued and outstanding shares of its wholly-owned subsidiary, MCL Waste Systems & Environmental, to GFL Environmental. read more

CV Holdings Buys Equipment Financing Firm Centra Leasing

CV Holdings closed the acquisition of Centra Leasing through Centra Funding, a newly-formed subsidiary. read more

Electro Rent to Acquire Microlease

Electro Rent entered into an agreement to acquire Microlease from Lloyds Development Capital. The transaction is expected to close during Q1/17. Financial terms were not disclosed. read more

LeaseQ Acquires Commercial Building Equipment Financier Noesis

LeaseQ, an online equipment financing marketplace, acquired Noesis, an equipment leasing marketplace for financing energy-saving commercial building improvements, based in Austin, TX. read more

Wafra Capital Acquires Oxford Finance

Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, was acquired by an affiliate of Wafra Capital Partners. read more

Ritchie Bros. Acquires Canadian Agricultural Auction Company

Ritchie Bros. acquired Kramer Auctions, a Canadian agricultural auction company with customer relationships in central Canada. read more

GE Capital Completes Spin-Off of Polish Bank

GE Capital completed the spin-off of Bank BPH’s core bank to Alior Bank, representing an ENI of $3.6 billion. GE has closed $178 billion of transactions since announcing it would sell $200 billion of business by the end of 2016. read more

GE, Baker Hughes Form 2nd Largest Player in Oilfield Services Sector

GE and Baker Hughes have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create the second largest player in the oilfield equipment and services industry. read more

Banc of California Sells Commercial Equipment Finance Division

Banc of California sold its commercial equipment finance division to Hanmi Bank, which is comprised of total loan balances of $234 million. read more

Willis Lease Finance Purchases Business, Assets of Total Engine Support

Willis Lease Finance’s wholly owned subsidiary, Willis Asset Management, purchased the business and assets of Total Engine Support, the consulting and asset management business of the TES Aviation Group. read more

TD Ameritrade to Acquire Scottrade

TD Ameritrade and Scottrade Financial Services have entered into a definitive agreement for TD Ameritrade to acquire Scottrade in a cash and stock transaction valued at $4 billion. read more

WSJ: Terra Firma Looking to Sell AWAS Aviation Capital

The Wall Street Journal reported that private equity firm Terra Firma Capital Partners is looking to sell its AWAS Aviation Capital aircraft leasing company. read more

Maxim Crane Works Acquires Essex Crane Rental

Maxim Crane Works will expand into five new locations and acquire the former core fleet of crawler cranes of Essex Crane Rental. read more

Snap-on Acquires Swedish Collision Repair Equipment Company

Snap-on entered into a definitive agreement to acquire Car-O-Liner for approximately $155 million in cash. read more

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