Mergers / Acquisitions

S&P Affirms CIT’s Ratings, Supports OneWest Acquisition

S&P views CIT’s pending OneWest Bank acquisition as like to improve CIT’s current credit profile, despite the fact that the transaction will weakening the company’s capital and raise integration and strategic risks and uncertainties. read more

CIT to Acquire OneWest Bank

CIT Group announced it entered into a definitive agreement and plan of merger with IMB Holdco, the parent company of OneWest Bank, for $3.4 billion in cash and stock. read more

KeyCorp Acquires Pacific Crest Securities

KeyCorp announced it entered into an agreement to acquire Pacific Crest Securities, a technology focused investment bank and capital markets firm located in Portland, OR. read more

Element Closes PHH Arval Acquisition

Element Financial said it has closed its acquisition of the assets and operations of PHH Arval for a purchase price of $1.4 billion. The acquisition increases Element’s total assets to $10.0 billion. read more


National Leasing Acquires UMA Finance

National Leasing Group announced its acquisition of Norand Capital, operating as UMA Finance. The company will target forestry, transportation and construction industries. read more

ATEL Announces Silverpop Acquired by IBM

ATEL Ventures announced that Silverpop, an ATEL Growth Capital portfolio company, was recently acquired by IBM. ATEL provided an equipment financing credit line to Silverpop. read more

OneWorld Business Finance Acquires US Energy Capital

OneWorld Business Finance announced the recent acquisition of US Energy Capital. Jim Borland, president and founder of US Energy, will continue to be an integral part of daily operations for the near future. read more

CIT Agrees to Acquire Direct Capital

CIT Bank has agreed to acquire Direct Capital, a provider of financing to small and mid-sized businesses. As part of the acquisition, Christopher J. Broom, co-founder and chairman and James P. Broom, CEO will continue to lead the business. read more

Triumph Bancorp Completes Doral Healthcare Acquisition

Triumph Bancorp announced the completion of its previously announced acquisition of the lending platform and certain assets of Doral Healthcare Finance, which has been rebranded Triumph Healthcare Finance. read more

TransForce to Acquire Transport America

TransForce announced that it will acquire the entire share capital of Transport America. The $310 million purchase price includes $150 million of Transport America debt. read more

Premier Trailer Leasing Acquires Trailer Fleet Assets

Premier Trailer Leasing announced it has acquired certain assets of Trailer Fleet International, a provider of trailer rental and leasing services with nearly 3,000 trailers. read more

Element Financial Acquires PHH Arval in $1.4B Deal

Element Financial announced it entered into an agreement to acquire the assets and operations of PHH Arval for $1.4 billion in an all-cash transaction. read more


Mitsubishi Acquires Greenbrier $1B Railcar Asset

Greenbrier announced Mitsubishi UFJ Lease & Finance will acquire a portfolio of $1 billion in new and used leased railcar assets over a multi-year period. read more

Great American Group and B. Riley & Co. Announce Merger

Great American Group, a provider of asset disposition, valuation and appraisal services, and independent investment bank B. Riley & Co., announced they entered into a definitive agreement to combine, creating an investment banking and financial services firm. read more

Triumph Bancorp to Acquire Doral Healthcare Finance

Triumph Bancorp said it signed a definitive agreement to acquire the lending platform and certain assets of Doral Healthcare Finance, a healthcare industry ABL lender. read more

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