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Banc of California to Merge with PacWest Bancorp

Banc of California signed a definitive merger agreement with PacWest Bancorp. The combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction. read more

Brookfield Infrastructure Partners Acquires Triton International for $13.3B

Brookfield Infrastructure Partners entered a definitive agreement to acquire Triton International in a cash and stock transaction valuing Triton’s common equity at approximately $4.7 billion and reflecting a total enterprise value of approximately $13.3 billion. read more

United Rentals Enters Agreement to Acquire Ahern Rentals for $2B

United Rentals entered into an agreement to acquire the assets of the family-owned Ahern Rentals, founded in 1953, for roughly $2 billion in cash. The transaction is expected to close before the end of 2022. read more

Provident Bank and Lakeland Bank to Combine in $1.3B Merger

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, will combine in an all-stock merger valued at approximately $1.3 billion. read more

Patriot National Bancorp to Merge with American Challenger to Form Digital Bank

Patriot National Bancorp will acquire digital banking company American Challenger Development via a reverse subsidiary merger, with American Challenger surviving as a wholly-owned subsidiary of Patriot. read more

Columbia State Bank and Umpqua Bank to Combine

Columbia Banking System, the parent company of Columbia State Bank, and Umpqua Holdings Corporation, the parent company of Umpqua Bank, entered into a definitive agreement under which the companies will join together in an all-stock combination. read more

Citizens Financial Enters Merger Agreement with Investors Bancorp, Transaction Valued at $3.5B

Citizens Financial Group and Investors Bancorp entered into a definitive agreement and plan of merger under which Citizens will acquire all of the outstanding shares of Investors for a combination of stock and cash. read more

SouthState Corporation and Atlantic Capital Bancshares Sign Merger Agreement

SouthState Corporation and Atlantic Capital Bancshares signed a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of approximately $542 million. read more

CNH Industrial to Acquire Raven Industries

CNH Industrial entered into an agreement to acquire 100% of the capital stock of Raven Industries, a U.S.-based provider of agriculture technology, for $58 per share, representing a 33.6% premium to Raven Industries’ four-week volume-weighted average stock price and $2.1 billion enterprise value. read more

Old National and First Midwest Agree to Merge, Transaction Valued at $6.5B

Old National Bancorp and First Midwest Bancorp entered into a definitive merger agreement to combine in an all-stock merger of equals transaction with a total market value of $6.5 billion to create a bank with $45 billion in combined assets. read more

United Rentals Completes Acquisition of General Finance Corporation

United Rentals completed its previously announced acquisition of General Finance Corporation. read more

United Rentals Acquires General Finance for $996MM

United Rentals and General Finance entered into a definitive agreement under which United Rentals will acquire General Finance for $19 per share in cash, representing a total enterprise value of approximately $996 million, including the assumption of $400 million of net debt. read more

United Rentals Acquires Franklin Equipment

United Rentals acquired Franklin Equipment, a regional provider of equipment rentals, sales and related services in the Midwest and Southeast United States. read more

BancorpSouth Bank and Cadence to Combine in Merger Valued at More Than $6B

BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion. read more

Banc of California to Merge with Pacific Mercantile Bank

Banc of California and Pacific Mercantile Bancorp, the holding company of Pacific Mercantile Bank, entered into a definitive agreement and plan of merger under which Pacific Mercantile will merge into Banc of California in an all-stock transaction valued at approximately $235 million. read more

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