Fourshore Partners acquired Power Funding, a factoring company focused on the oil and gas and transportation industries. Meadows Collier and Hovde Group served as advisors to the seller. read more

JAN 2, 2024 - 6:43 am

Stearns Bank acquired a majority stake in Contract Capital Corporation, a provider of specialized financing services to managed service providers. read more

SEP 15, 2023 - 6:42 am

Virginia-based Bank of Clarke sold the assets of LaVictoire Finance, its marine lending business, to Axos Bank, a unit of Axos Financial. read more

SEP 8, 2023 - 6:49 am

Arizona Federal Credit Union will acquire substantially all of the assets and assume substantially all of the liabilities of Horizon Community Bank for cash consideration of $91.4 million, subject to certain adjustments. read more

MAR 14, 2022 - 6:33 am

Robins Financial Credit Union executed a definitive agreement to acquire Persons Banking Company, a state-chartered bank headquartered in Forsyth, GA. read more

MAR 7, 2022 - 6:05 am

Peoples Bank entered into a definitive agreement to acquire Vantage Financial, a provider of equipment financing headquartered in Excelsior, MN. Peoples Bank will purchase 100% of the equity of Vantage Financial for total cash consideration of $54 million. read more

FEB 17, 2022 - 6:44 am

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, completed its acquisitions of Sabal Palm Bancorp, the parent company of Sabal Palm Bank, and of Business Bank of Florida, the parent company of Florida Business Bank, effective Jan. 3. read more

JAN 4, 2022 - 6:23 am

Clarus Capital launched as a new commercial finance company focused on delivering capital solutions to finance tangible assets for leveraged middle-market companies. The new company was founded by former executives of NewStar Financial. read more

DEC 15, 2021 - 6:39 am

As the U.S. economy returns to some semblancy of normal as COVID-19 vaccination rates continue to rise, there will also be a return to more aggressive M&A activity in the equipment finance industry. In fact, according to Chris Hemler of Hovde Group, the market is shaping up to be more active than it’s been since before the Great Recession. ... read more

Monitor 100 2021

Seacoast Banking Corporation of Florida, the holding company for Seacoast Bank, entered into agreements to acquire Sabal Palm Bancorp, parent company of Sabal Palm Bank, and Business Bank of Florida, parent company of Florida Business Bank. read more

AUG 24, 2021 - 6:30 am

Hovde Group served as exclusive financial advisor to FastPay during its acquisition by SLR Business Credit. read more

AUG 16, 2021 - 6:23 am

Seacoast Banking Corporation of Florida, the holding company for Seacoast Bank, completed its acquisition of Legacy Bank of Florida, effective Aug. 6, pursuant to the merger of Legacy Bank with and into Seacoast Bank. read more

AUG 9, 2021 - 6:24 am

United Community Banks and Aquesta Financial Holdings entered into a definitive agreement for United to acquire Aquesta, including its wholly-owned subsidiary, Aquesta Bank. The transaction is valued at approximately $131 million. read more

JUN 1, 2021 - 6:45 am

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, signed a definitive agreement to acquire Legacy Bank of Florida. read more

MAR 24, 2021 - 6:30 am

Sterling Bancorp completed the previously announced acquisition of Advantage Funding Management, a provider of commercial vehicle and transportation financing services based in Lake Success, NY. read more

APR 4, 2018 - 6:37 am