People's United Bank closed on an amendment and extension of an existing $135 million syndicated credit facility for NFS Leasing. read more

JAN 8, 2019 - 6:55 am

People's United Financial, the holding company for People's United Bank, agreed to acquire BSB Bancorp and its subsidiary, Belmont Savings Bank, in a 100% stock transaction valued at approximately $327 million. read more

NOV 29, 2018 - 6:40 am

People’s United acted as lead arranger for a $60 million expandable revolver for North Star Leasing, which was up from its previous revolver with North Star of $45 million. read more

OCT 2, 2018 - 7:00 am

People's United Bank hired three senior industry specialists — John Dysart, Dave Dailey and Bruce Figueroa — to bolster its new finance verticals in Commercial Banking. read more

AUG 30, 2018 - 6:50 am

Two banks serving Long Island recently made major inroads into the equipment financing space, according to a report in the Long Island Business News. read more

AUG 9, 2018 - 6:55 am

People's United Bank acquired Vend Lease Company, a nationwide provider of equipment financing primarily to the hospitality industry. Baltimore-based Vend Lease will become a division of LEAF Commercial Capital. read more

JUL 20, 2018 - 6:30 am

The Alta Group’s Bruce Kropschot and James Jackson examine the M&A market for independent equipment finance companies. Although another good year is expected, several factors could affect the market, including rising interest rates, stock market trends, tax reform legislation and accounting rule changes.... read more

March/April 2018

Over the last 12 months, several major independent equipment leasing companies have been acquired. Banks and private equity firms were some of the major acquirers, with People’s United Bank buying LEAF Commercial Capital and Solar Capital taking on Nations Equipment Finance. What has led to this spike in activity, and will it continue?... read more

September/October 2017

People's United Bank completed its previously announced acquisition of Philadelphia-based LEAF Commercial Capital.  read more

AUG 1, 2017 - 7:47 am

People's United Bank entered into an agreement to acquire LEAF Commercial Capital. Under the terms of the agreement, People's United will acquire approximately $730 million of net investment in leases and loans. read more

JUL 20, 2017 - 7:04 am

People’s United Bank announced John DeFranza has joined the bank as senior vice president of Small Business Administration lending. DeFranza was previously with Bank of America in a similar capacity. read more

JUL 7, 2017 - 7:44 am