Mergers / Acquisitions

FVLCRUM Funds Acquires Gulf Coast Crane Services

FVLCRUM Funds acquired Gulf Coast Crane Services, a crane rental services solutions and equipment company. Gulf Coast Crane is the first company to be acquired by FVLCRUM's crane services platform, Peak Lifting Solutions. read more

Akiem and CDPQ Enter Negotiations on Proposed Acquisition of Akiem

Akiem shareholders agreed to enter into exclusive negotiations with CDPQ on the proposed sale of Akiem, a provider of freight locomotive leasing services in France and Europe. read more

JetBlue Acquires Spirit Airlines for Adjusted Enterprise Value of $7.6B

JetBlue Airways acquired Spirit Airlines for an aggregate fully diluted equity value of $3.8 billion and an adjusted enterprise value of $7.6 billion. read more

Ali Group Completes Acquisition of Welbilt

Ali Group, a manufacturer of foodservice equipment, completed its acquisition of Welbilt. With this transaction, Welbilt’s common stock stopped trading as of the close of trading on July 28 and is no longer listed on the New York Stock Exchange. read more

ABLE Equipment Rental Acquires Extreme Rentals

ABLE Equipment Rental of New York, a supplier of construction equipment rentals, sales, service and parts, acquired the equipment rental assets and service operations of Extreme Rentals USA of Manassas, VA. read more

Bain Capital and ADIA Acquire Merchants Fleet

Bain Capital and a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) signed a definitive agreement to acquire Merchants Automotive Group, which does business as Merchants Fleet and Merchants. read more

DLL Acquires 20% of Inquieto Moving Attitude

Inquieto Moving Attitude, a company of the Spanish multinational company GAM that specializes in solutions for the sustainable mobility industry, signed a 20% equity stake investment deal with DLL. read more

First Citizens Bank Completes Conversion of OneWest Bank

First Citizens Bank completed its conversion of OneWest Bank to First Citizens’ operations and systems division. This conversion integrates OneWest Bank customer accounts into First Citizens products and services. read more

Citizens Financial Group Acquires Paladin Advisors

Citizens Financial Group agreed to purchase select assets and liabilities of Paladin Advisors, headquartered in Kensington, NH. The transaction is expected to close in Q3/22. read more

WSFS Financial Sells BMT Insurance Advisors to Patriot Growth Insurance Services

WSFS Financial sold the business of BMT Insurance Advisors, an independent insurance brokerage and risk management consulting firm to Patriot Growth Insurance Services. read more

Fulton Financial Acquires Prudential Bancorp

Fulton Financial completed its acquisition of Prudential Bancorp. Prudential Bancorp’s subsidiary, Prudential Bank, will operate as a separate subsidiary of Fulton Financial until Q4/22, when Fulton Financial expects to merge Prudential Bank into its existing subsidiary, Fulton Bank. read more

AgChoice Farm Credit and MidAtlantic Farm Credit Merge as Horizon Farm Credit

AgChoice Farm Credit and MidAtlantic Farm Credit jointly merged, forming Horizon Farm Credit, on July 1. The merger was voted on and approved by the membership of each association in May and received final regulatory approval from the Farm Credit Administration. read more

Stifel Completes Acquisition of ACXIT Capital Partners

Stifel Financial completed its acquisition of ACXIT Capital Partners, an independent corporate finance and financial advisory firm serving European middle-market clients and entrepreneurs. read more

Popular Acquires Customer Channels, Amends Commercial Contracts with Evertec

Popular’s wholly-owned subsidiary, Banco Popular de Puerto Rico (BPPR), completed its acquisition of certain assets and assumption of certain liabilities used by Evertec Group, a wholly-owned subsidiary of Evertec, to service certain BPPR channels. read more

Wingspire Capital Acquires Liberty Commercial Finance to Enhance Equipment Finance Platform

Wingspire Capital agreed to acquire Liberty Commercial Finance. The acquisition will provide Wingspire Capital with a direct originations platform that has a nationwide market presence in the United States providing equipment finance solutions to middle-market companies. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com