Mergers / Acquisitions

Flushing Financial Completes Integration of Empire Bancorp

Flushing Financial, the parent holding company for Flushing Bank, completed the integration of Empire Bancorp. read more

PNC Agrees to Acquire BBVA USA for $11.6B

The PNC Financial Services Group and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, signed a definitive agreement for PNC to acquire BBVA USA Bancshares, including its U.S. banking subsidiary, BBVA USA, for a purchase price of $11.6 billion. read more

Adaptec Solutions Completes Acquisition of Integrated Solutions

Adaptec Solutions acquired Memphis, TN-based Integrated Solutions, a supplier of custom engineered to order material handling equipment with experience in complex conveyor solutions. read more

Enterprise Financial Services Completes Merger With Seacoast Commerce Bank

Enterprise Financial Services, the holding company of Enterprise Bank & Trust (EB&T), completed its merger with Seacoast Commerce Banc Holdings and the merger of EB&T with Seacoast’s wholly-owned subsidiary, Seacoast Commerce Bank. read more

Solar Capital Acquires Kingsbridge Holdings

Solar Capital, which directly sources and underwrites cash flow loans, asset-based loans, life science loans and equipment financing, acquired a majority stake in Kingsbridge Holdings, which is an independent lessor of equipment based in Illinois. read more

Alliance Funding Group Acquires Summit Commercial Finance

Alliance Funding Group acquired Summit Commercial Finance, an independent specialty finance and leasing company based in Scottsdale, AZ. read more

Ritchie Bros. Acquires Rouse Services

Ritchie Bros. Auctioneers and Rouse Services entered into a definitive agreement under which Ritchie Bros. will acquire Rouse Services for approximately $275 million. read more

First Citizens and CIT to Merge

First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, will combine in an all-stock merger of equals to create the 19th largest bank in the United States based on assets. read more

Alta Equipment Group to Acquire Howell Tractor and Equipment

Alta Equipment Group entered into a definitive agreement to acquire Howell Tractor and Equipment, a privately held heavy equipment dealer serving Northern Illinois and Northwest Indiana. read more

Enova Completes Acquisition of OnDeck

Enova International completed the acquisition of OnDeck Capital for approximately $122 million. In July, Enova entered into a definitive agreement to acquire all outstanding shares of OnDeck in a cash and stock transaction that was originally valued at approximately $90 million. read more

Snap-on Acquires AutoCrib for $36MM

Snap-on acquired the assets of AutoCrib for approximately $36 million in cash. Based in Tustin, CA, with 2019 sales of approximately $30 million, AutoCrib is a designer, manufacturer and marketer of tool and asset control solutions. read more

Hunter Street Partners Acquires All-Star, Launches Equipment Rental Investment Platform

Hunter Street Partners has launched a scalable platform to invest in equipment rental companies. Hunter Street has acquired All-Star Equipment Rental of Naples, FL and will work closely with the company's management team to evaluate other opportunities for expansion in the region. read more

Sterling Bancorp Sells $106.1MM Equipment Finance Loan Portfolio

Sterling Bancorp has completed two loan portfolio sales including $106.1 million in equipment finance loans, which represented the remaining balance of its small business commercial transportation loans, as well as the majority of its residential mortgage non-performing loans. read more

Bombardier Signs Agreement to Sell Transportation Business to Alstom

Bombardier signed a definitive sale and purchase agreement with Alstom and the Caisse de dépôt et placement du Québec for the sale of its transportation business to Alstom. read more

North American Aerospace Industries Merges with Aircraft Interior Recycling Association

North American Aerospace Industries (NAAI), a provider of sustainable end-to-end aircraft recycling, merged with Aircraft Interior Recycling Association (AIRA), a total aircraft interior support company. read more

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