The Bancorp acquired McMahon Leasing. The purchase expands The Bancorp’s footprint to the Southeastern Pennsylvania region, which will include a leasing office located in Norristown, PA. read more
JAN 15, 2020 - 6:40 am
Crossroads Equipment Lease and Finance sister company, Velocity Truck Centers, has acquired Central California Truck and Trailer Sales, an independent used-truck and new/used trailer retailer. read more
JAN 14, 2020 - 6:50 am
North Mill Capital has acquired the portfolio of Sage Business Credit, a Minneapolis-based factoring company. read more
JAN 8, 2020 - 6:45 am
Affiliates of Paceline Equity Partners, a Dallas-based private equity manager, have acquired Progress Rail Equipment Leasing, a subsidiary of Caterpillar. read more
JAN 3, 2020 - 6:50 am
TIP Trailer Services, a trailer leasing, rental, maintenance and repair provider, completed the acquisition of Trailer Wizards, a Canadian supplier of trailer rental and leasing services. read more
DEC 31, 2019 - 6:45 am
Reuters reported that Volvo AB will sell UD Trucks, its Japan-based business to Isuzu Motors. read more
DEC 23, 2019 - 5:50 am
Societe Generale has agreed to sell its Nordics-based equipment finance and factoring business to Nordea Bank, according to a report from Reuters. read more
DEC 20, 2019 - 6:00 am
The combined company will become a publicly traded equipment dealership platform valued at approximately $550 million. read more
DEC 13, 2019 - 7:00 am
Apollo Global Management, Athene Holding and GE Capital closed the transaction for Apollo and Athene to purchase PK AirFinance from GECAS. read more
DEC 13, 2019 - 6:35 am
BMO and Key Equipment Finance have entered into an agreement whereby BMO will acquire the latter's Canadian lease/loan portfolio. read more
DEC 10, 2019 - 6:25 am
BB&T and SunTrust Banks completed their merger of equals and relaunched as Truist Financial, the sixth largest U.S. commercial bank. read more
DEC 9, 2019 - 6:30 am
Tokyo Century has acquired the remaining interest in Aviation Capital Group, an aircraft asset manager. read more
DEC 9, 2019 - 6:20 am
Cambridge Bancorp and Wellesley Bancorp signed a definitive agreement pursuant to which Wellesley will merge with and into Cambridge in an all-stock transaction. read more
DEC 9, 2019 - 6:10 am
Sterling National Bank completed its previously announced acquisition of $839 million in middle market commercial equipment finance loans and leases from Santander Bank. read more
DEC 3, 2019 - 6:23 am
Tokyo Century (USA) has acquired 100% of the capital stock of Allegiant Partners, an independent specialty finance and leasing company based in Bend, OR. read more
NOV 27, 2019 - 6:35 am