Mergers / Acquisitions

Ryder Acquires UK-Based Commercial Truck Leasing Provider

Ryder System said it has acquired UK-based Hill Hire, an independently run and wholly owned subsidiary of Lloyds Banking Group and provider of commercial truck leasing, rental and maintenance. read more

Wells Fargo Capital Finance to Acquire CPC Equity Interest

Wells Fargo announced it has entered into a definitive agreement to acquire the remaining equity interest Castle Pines Capital (CPC) and its affiliates. CPC provides financing solutions to resellers of technology and will become a part of Wells Fargo Capital Finance's Lender Finance division. read more

GE Capital to Sell Stake in Banco Colpatria

GE Capital announced that it has agreed to sell its 49.77% stake in Banco Colpatria to its current joint venture partner Mercantil Colpatria for an undisclosed amount furthering its objective in reducing its overall size. read more

Liquidity Services to Acquire TruckCenter.com

Liquidity Services said it has agreed to acquire TruckCenter.com, an online auction marketplace for fleet and transportation equipment. Terms of the deal include an upfront payment of $9 million in cash plus additional cash payments of up to $9 million. read more

Allegiant Partners Increases Facility, Purchases Portfolio

Allegiant Partners said it increased its facility with Harris from $13 million to $16.5 million. Allegiant separately announced the acquisition of a $1 million portfolio from a privately-held equipment finance company. read more

Marshall & Ilsley Shareholders Approve Bank of Montreal Merger

Marshall & Ilsley said its shareholders approved the merger agreement with Bank of Montreal in which BMO will acquire all outstanding shares of M&I common stock. read more

Titan Machinery to Acquire Construction Equipment Business

Titan Machinery has entered into a definitive purchase agreement to acquire St. Joseph Equipment's construction equipment business. The acquisition consists of construction equipment locations in Minnesota and Wisconsin. read more

Dell Intends to Acquire DFS/CIT JV Canada; CIT Assets in Europe

Dell announced its intent to acquire Dell Financial Services Canada, a CIT Vendor Finance and Dell partnership. Dell also said it will acquire CIT Vendor Finance's Dell-related assets, sales and servicing functions in Europe. read more

Perella Weinberg to Acquire AIG Rail Services

Perella Weinberg Partners and American International Group announced that an affiliate of Perella Weinberg Partners’ Asset Based Value strategy has entered into a definitive agreement to acquire AIG Rail Services. read more

Davis + Henderson Acquires Mortgagebot

Davis + Henderson has satisfied all closing conditions and completed the acquisition of Mortgagebot for approximately $231.8 million. read more

Titan Machinery to Acquire ABC Rental

Titan Machinery announced it has entered into a definitive purchase agreement to acquire ABC Rental, an independent rental yard company, consisting of four rental equipment locations in Montana and North Dakota. read more

LiuGong Expands Into Europe With Acquisition

Chinese construction equipment manufacturer LiuGong said it will acquire Huta Stalowa Wola of Poland. HSW manufacturers crawler dozers and wheel loaders, which are sold through its distribution subsidiary Dressta. read more

Brentwood Associates Acquires Taco Bell Franchisee

Brentwood Associates has acquired K-MAC Holdings, one of the largest Taco Bell franchisees in the U.S. that also operates KFC and Golden Corral restaurants. BofA Merrill Lynch, Wells Fargo Bank and SunTrust Robinson Humphrey were joint lead arrangers on senior debt financing supporting the acquisition. read more

Pacific Corporate & Title to Join First Corporate Solutions

First Corporate Solutions announced that two key divisions of its sister company, Pacific Corporate & Title Services, will merge into the First Corporate Solutions national brand on March 14, 2011. read more

Terumo to Buy U.S. Medical Equipment Maker CaridianBCT

Japanese medical equipment manufacturer Terumo said it will buy U.S. firm CaridianBCT for $2.63 billion. CaridianBCT, based in Colorado, makes medical devices such as automated blood-collection equipment. The company is currently owned by Sweden’s Gambro. The deal is expected to... read more

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