Ritchie Bros. Auctioneers and IAA entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion, including the assumption of $1 billion of net debt. read more

NOV 8, 2022 - 7:40 am

TIAA entered into a definitive agreement to sell TIAA Bank to new investors with experience in financial services, including Stone Point Capital, Warburg Pincus, Reverence Capital Partners, Sixth Street and Bayview Asset Management. read more

NOV 8, 2022 - 7:38 am

American Lease Insurance (ALI) was sold to American Bankers Insurance Group (ABIG), a $10 billion global insurance provider and publicly traded Fortune 500 company that does business as Assurant. read more

NOV 7, 2022 - 6:54 am

Equitable Bank, a wholly-owned subsidiary of EQB, completed the acquisition of Concentra Bank for a premium of $35.7 million to its $459.7 million book value of common equity, subject to final standard closing purchase price adjustments. read more

NOV 3, 2022 - 7:17 am

According to a new Grant Thornton survey of merger and acquisition professionals, 72% of respondents expect deal volume to increase over the next six months despite rising interest rates threatening access to capital and uncertainty about a potential increase in capital gains taxes. read more

NOV 2, 2022 - 7:09 am

Republic Bancorp, the parent company of Republic Bank & Trust, and Cincinnati-based CBank signed an agreement and plan of merger under which Republic will acquire CBank and its wholly-owned subsidiary, Commercial Industrial Finance. read more

OCT 28, 2022 - 7:18 am

Peoples Bancorp and Limestone Bancorp signed a merger for Peoples to acquire Limestone. Limestone will merge into Peoples and will subsequently merge with Peoples' wholly-owned subsidiary, Peoples Bank, in a transaction valued at approximately $208.2 million. read more

OCT 25, 2022 - 7:09 am

Mitsubishi HC Capital’s executive committee approved the merger of CAI International and Beacon Intermodal Leasing, LLC. The merger will be effective Jan. 1, 2023. read more

OCT 19, 2022 - 7:10 am

Mitsubishi UFJ Financial Group (MUFG) reported that the final required regulatory approvals for the sales of MUFG Union Bank to U.S. Bank have been obtained, with the acquisition now expected to close on Dec. 1. read more

OCT 19, 2022 - 7:08 am

U.S. Bank has received all required U.S. regulatory approvals to complete its previously announced acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group (MUFG). read more

OCT 17, 2022 - 7:07 am

Seacoast Banking of Florida, the holding company for Seacoast National Bank, acquired Apollo Bancshares, parent company of Drummond Community Bank, effective Oct. 7. read more

OCT 10, 2022 - 7:23 am

The healthcare finance business of CIT, a division of First Citizens Bank, served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals. The buyer is a joint venture directed by an affiliate of Rethink Healthcare Real Estate, formerly Seavest Healthcare Properties. read more

SEP 29, 2022 - 7:42 am

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, will combine in an all-stock merger valued at approximately $1.3 billion. read more

SEP 28, 2022 - 7:40 am

CSI LifeCycle Leasing GmbH, a wholly-owned subsidiary of CSI Leasing, acquired tradefinity GmbH, a German IT asset disposal (ITAD) company. With this acquisition of tradefinity, CSI Leasing has 20 ITAD facilities worldwide. read more

SEP 27, 2022 - 7:45 am

PNC Financial Services Group acquired Linga, a point of sale and payments solutions firm providing a cloud-based restaurant operating system. Linga will continue to manage its portfolio of channel partners and clients. read more

SEP 27, 2022 - 7:41 am