Mergers / Acquisitions

GE Completes Divestment of Power Generation Assets to Ansaldo Energia

GE closed its transaction to divest assets to Ansaldo Energia. The final purchase price was €120 million ($130.66 million) and the divestment is part of GE’s acquisition of Alstom’s Power and Grid businesses. read more

Cassiopae Plans ‘Tie-Up’ with Sopra Steria

Sopra Steria announced plans for a tie-up with Cassiopae, a developer of specialized finance and real estate management software. Sopra Steria will acquire roughly 75% of KSEOP, Cassiopae’s holding company. read more

Terex, Konecranes Pause Integration Plans

Terex and Konecranes released a joint statement announcing that the two companies will put their integration planning activities on hold. read more

TAL International Completes Financing, Releases Triton Merger Update

TAL International Container closed an add-on financing to its existing term loan, with SunTrust as administrative agent and collateral agent. The commitment of the loan increased from $307 million to $407 million. read more

State Street Nears Deal for GE’s Asset Management Business

Reuters reported State Street is nearing a deal to acquire GE’s $115 billion asset management business. read more

Global Jet Capital Completes GE Corporate Aircraft Finance Acquisition

Global Jet Capital completed the final elements of its acquisition of GE’s fixed-wing corporate aircraft financing portfolio in the Americas. read more

Huntington Bancshares to Merge with FirstMerit

Huntington Bancshares and FirstMerit signed a definitive merger agreement under which FirstMerit will merge into Huntington in a stock and cash transaction estimated to be worth $3.4 billion. read more

Chesswood Group Agrees to Sell EcoHome Financial

Chesswood Group, the parent company of Pawnee Leasing, entered into a definitive agreement to sell its EcoHome Financial subsidiary to Dealnet Capital for a purchase price of approximately $35.0 million. read more

OSG Billing Services Acquires National Business Systems

OSG Billing Services completed the acquisition of National Business Systems, a privately-held industry provider of data and document management. read more

Union Leasing Acquires Walser Leasing

Union Leasing announced the acquisition of Walser Leasing (Walser Financial Services), a leasing and fleet management solutions company. read more

Navitas Buys Liberty Financial, Launches Specialized Vehicle Finance Unit

Navitas Lease announced the purchase of Liberty Financial in order to accelerate its entry into the vocational vehicle and related equipment marketplace. read more

Wintrust Financial Acquires Generations Bancorp for $30MM

Wintrust Financial announced the signing of a definitive agreement to acquire Generations Bancorp, the parent company of Foundations Bank which had approximately $125 million in assets as of September 30, 2015. read more

Gordon Brothers Acquires Wilbanks Trucking Fleet

Gordon Brothers Group announced a definitive agreement with Wilbanks Energy Logistics and its affiliated entities to acquire the company’s entire fleet of trucking and heavy haul equipment. read more

Bohai Leasing Completes Acquisition of Avolon Holdings

Bohai Leasing announced the completion of its previously announced acquisition of Avolon Holdings, the international aircraft leasing company. read more

GE Capital Divestitures in 2015 Reach $157 Billion

In its effort to divest most of GE Capital, GE signed $157 billion in transactions and closed transactions of $104 billion in ending net investment during 2015. read more

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