Mergers / Acquisitions

McGrath RentCorp Acquires Modular Kitchen Rental Company

McGrath RentCorp acquired Kitchens To Go, a provider of interim and permanent modular solutions for foodservice providers that require facilities to continue or expand operations. read more

Eastern Bank Merges with Century Bank and Trust in $642MM Transaction

Eastern Bankshares, the stock holding company for Eastern Bank, and Century Bancorp, the stock holding company for Century Bank and Trust Company, entered into a definitive all-cash merger agreement with an aggregate transaction value of $642 million. read more

IDS to Acquire White Clarke Group

IDS agreed to acquire White Clarke Group, a provider of retail, fleet, wholesale and asset finance solutions for the automotive and equipment finance markets. read more

MacQueen Equipment Acquires Bell Equipment

MacQueen Equipment, a Rotunda Capital Partners portfolio company, acquired Bell Equipment. With this acquisition, MacQueen Equipment has expanded its environmental equipment dealership network to Michigan and Ohio. read more

North Star Leasing Becomes Official Division of Peoples Bank

North Star Leasing Company is now a division of Peoples Bank. The acquisition became effective on April 1, with North Star Leasing’s business operations remaining in Burlington, VT. read more

TriumphPay Acquires HubTran for $97MM

TriumphPay, a division of TBK Bank, entered into a definitive agreement to acquire HubTran, a cloud-based provider of automation software for the transportation industry's back-office. Under the terms of the agreement, TriumphPay will acquire HubTran for $97 million in cash. read more

Citizens Advises Telestream on Acquisition of Masstech

Citizens M&A Advisory served as the exclusive financial advisor to Telestream in its acquisition of Masstech. This was Telestream’s 10th acquisition, coming shortly after its purchase of EcoDigital. read more

Huntington, TCF Shareholders Approve Merger

The shareholders of Huntington Bancshares and TCF Financial approved the proposed merger of TCF into Huntington at their respective special meetings of shareholders. read more

I Squared Capital Acquires Star Leasing

I Squared Capital, through its ISQ Global Infrastructure Fund II, acquired Star Leasing, a trailer lessor in the U.S., from its shareholders. read more

Wabtec Buys Nordco for $400MM

Wabtec signed a definitive agreement to acquire Nordco from Greenbriar Equity Group for $400 million in cash. Nordco is a North American supplier of new, rebuilt and used maintenance of way equipment. read more

Seacoast Bank Acquires Legacy Bank of Florida

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, signed a definitive agreement to acquire Legacy Bank of Florida. read more

Banc of California to Merge with Pacific Mercantile Bank

Banc of California and Pacific Mercantile Bancorp, the holding company of Pacific Mercantile Bank, entered into a definitive agreement and plan of merger under which Pacific Mercantile will merge into Banc of California in an all-stock transaction valued at approximately $235 million. read more

Fourshore Partners Acquires Genesis Capital Finance

Fourshore Partners acquired a majority stake in Genesis Capital Finance, a specialty finance company that provides commercial loans to independent owner operators in the long-haul trucking industry. read more

EnTrust and SVPGlobal Acquire DVB’s Aviation Investment and Asset Management Business

The Blue Sky Aviation strategy managed by EnTrust Global and funds managed by Strategic Value Partners (SVPGlobal) entered into a definitive agreement to acquire the aviation investment and asset management business of DVB Bank Group. read more

GE Agrees to Combine GECAS with AerCap for More Than $30B

GE entered an agreement to combine its GE Capital Aviation Services business with AerCap. Under the terms of the transaction agreement, which was approved by the boards of directors of both companies, GE will receive consideration valued at more than $30 billion. read more

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