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
JUL 24, 2014 - 7:06 am
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
JUL 22, 2014 - 7:28 am
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
JUL 18, 2014 - 7:32 am
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
JUL 8, 2014 - 7:21 am
National Leasing Group announced its acquisition of Norand Capital, operating as UMA Finance. The company will target forestry, transportation and construction industries. read more
JUL 7, 2014 - 7:30 am
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
JUL 3, 2014 - 6:25 am
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
JUN 25, 2014 - 2:29 pm
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
JUN 25, 2014 - 7:08 am
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
JUN 18, 2014 - 7:13 am
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
JUN 11, 2014 - 7:35 am
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
JUN 5, 2014 - 7:24 am
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
JUN 3, 2014 - 6:42 am
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
MAY 27, 2014 - 7:42 am
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
MAY 20, 2014 - 7:26 am
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
MAY 16, 2014 - 7:03 am