SVB Financial Group entered into a definitive purchase agreement with the management team bidder group led by Jeff Leerink, SVB Securities' CEO and founder, and backed by funds managed by The Baupost Group for the sale of its investment banking business, SVB Securities. read more

JUN 19, 2023 - 7:36 am

Customers Bank acquired a $631 million venture banking loan portfolio from the FDIC at approximately 85% of book value. Customers Bank also recruited 30 team members from the group that originated the loans to service the venture-backed growth industry. read more

JUN 19, 2023 - 7:35 am

First Federal Bank acquired the assets and added the team of employees from BNC National Bank's mortgage division. read more

JUN 19, 2023 - 7:27 am

Triton International, a lessor of intermodal freight containers, announced the expiration of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the proposed acquisition of Triton by Brookfield Infrastructure Partners. read more

JUN 13, 2023 - 7:00 am

UBS completed the acquisition of Credit Suisse, with Credit Suisse Group merging into UBS Group. The combined entity will operate as a consolidated banking group. read more

JUN 12, 2023 - 7:06 am

BlackRock and Kreos Capital entered into a definitive agreement under which BlackRock will acquire full control of Kreos, which is a provider of growth and venture debt financing to companies in the technology and healthcare industries. read more

JUN 9, 2023 - 6:58 am

Utility Sales & Service, a provider of aerial lift and specialty trucks, acquired aerial equipment rental specialist Power Equipment Leasing Company of Romeoville, IL. read more

JUN 8, 2023 - 7:04 am

Servus Credit Union acquired Stride Capital, a Calgary, AB-based equipment financing and leasing provider. read more

JUN 5, 2023 - 7:04 am

LeaseAccelerator, a provider of lease lifecycle automation software, completed the acquisition of the LeaseController software-as-a-service product and related business operations from Deloitte.  read more

MAY 24, 2023 - 7:03 am

Michael B. Kaufman joined Moritt Hock & Hamroff as a partner and chair of the firm’s tax practice group, while Brian C. Daughney joined as a partner in the firm’s corporate, M&A and securities practice group and Murray D. Schwartz joined as senior counsel. read more

MAY 23, 2023 - 6:55 am

Mid Penn Bancorp completed its acquisition of Brunswick Bancorp. The combined stock and cash transaction was valued at approximately $43.7 million and will extend Mid Penn’s footprint into Middlesex and Monmouth counties in central New Jersey. read more

MAY 22, 2023 - 7:06 am

Fifth Third Bank completed the acquisition of Big Data, a technology solutions provider for healthcare payments and remittance. The acquisition was made by an indirect wholly-owned subsidiary of Fifth Third Bank and financial terms were not disclosed. read more

MAY 17, 2023 - 7:04 am

Ares Management served as the lead arranger and junior agent for $3 billion in asset-backed and operating company financing for Merchants Fleet as part of the acquisition by Bain Capital and the Merchants executive team. read more

MAY 8, 2023 - 9:54 am

TD Bank and First Horizon entered into a mutual agreement to terminate their previously announced merger agreement, originally announced on Feb. 28, 2022. read more

MAY 4, 2023 - 7:07 am

I Squared Capital, an infrastructure investment manager, signed a definitive agreement, through its ISQ Global Infrastructure Fund III, to acquire Rentco, a transport equipment leasing and rental company in Australia. read more

MAY 2, 2023 - 7:04 am