Mergers / Acquisitions

ECN Capital Sells Kessler Group Business to Stone Point Capital

ECN Capital entered into a definitive agreement with funds managed by Stone Point Capital to sell all of the issued and outstanding equity interests in ECN Kessler Holdco, a wholly-owned, indirect subsidiary of the ECN through which ECN operates the Kessler Group business. read more

Gulf Coast Bank & Trust Company Acquires KLC Financial

Gulf Coast Bank & Trust Company acquired the assets of KLC Financial and KLC Capital Partners, with KLC continuing as a subsidiary of Gulf Coast Bank & Trust Company. The acquisition became effective on Aug. 10. read more

National Partners PFco Acquires Security Premium Finance

National Partners PFco, a wholly-owned subsidiary of WebBank, acquired Security Premium Finance, a privately held finance company founded in 1995 by Bert Irigoyen and based in Coral Gables, FL. read more

HomeStreet Closes Sale of 5 Retail Deposit Branches in Washington

HomeStreet, the parent company of HomeStreet Bank, closed the sale of five retail deposit branches in eastern Washington, including the branches' lending businesses and employees, for an estimated gain of $4 million on July 29. read more

First Eagle Investments Completes Acquisition of Napier Park Global Capital

First Eagle Investments completed the acquisition of alternative credit manager Napier Park Global Capital. The acquisition of Napier Park has significantly broadened First Eagle's capabilities in the large and diverse alternative credit market. read more

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

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