CIFC Asset Management has entered into an agreement to acquire LBC Credit Partners (“LBC”), a leading middle market direct lending platform. CIFC’s acquisition of LBC follows a series of positive developments for the firm, which in 2021 grew its...
Read Story
December 13, 2021, 08:15 AM
|
Citizens M&A Advisory served as financial advisor to Bally’s Corporation on its acquisitions of Eldorado Resort Casino Shreveport in Shreveport, LA, and MontBleu Resort Casino & Spa in Lake Tahoe, NV, from Eldorado Resorts, Inc. for an aggregate...
Read Story
May 07, 2021, 06:00 AM
|
The PNC Financial Services Group, Inc. and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, S.A. announced that they have signed a definitive agreement for PNC to acquire BBVA USA Bancshares, Inc., including its U.S. banking subsidiary...
Read Story
November 16, 2020, 08:40 AM
|
The market is entering a new decade on the outer edges of the longest run in M&A history, but even so, dealmakers are largely anticipating stable or increasing levels of activity in the year ahead, according to Deloitte’s “The State of the Deal: M&A...
Read Story
January 20, 2020, 09:10 AM
|
The London Stock Exchange's (LSE) proposed acquisition of Refinitiv reflects increased M&A interest in data and analytics due to the increasing strategic value of data layers to customers and the margin and cash flow benefits of subscription-based...
Read Story
August 07, 2019, 09:00 AM
|
Rackspace announced that it signed an agreement to acquire Datapipe, one of the world's leading providers of managed services across public and private clouds, managed hosting and colocation. This acquisition, the largest in Rackspace history, brings...
Read Story
September 12, 2017, 07:42 AM
|
Continuing a four-year trend, manufacturing companies are the most sought-after business acquisitions valued in the $1MM - $5MM range, according to the Q2 2017 Market Pulse Report published by the International Business Brokers Association (IBBA)...
Read Story
August 23, 2017, 08:00 AM
|
Guess & Co. Corporation, a luxury, industrial, health care and real estate company based in North Carolina announced that it is pursing acquisitions to build and grow its business operations. The company is pursuing middle-market companies that will...
Read Story
August 21, 2017, 07:00 AM
|
Two new reports show that corporate consolidation has continued to slow during 2017, a trend that analysts at Pitchbook blame on a climate of political and economic uncertainty. According to Pitchbook's latest M&A Report, the pace of buyout...
Read Story
August 04, 2017, 07:27 AM
|
Commercial Credit, Inc., parent company of Commercial Credit Group Inc. (CCG), an independent commercial equipment finance company, announced the purchase of the business operations of Transfac Capital, Inc., thus expanding into the accounts...
Read Story
August 02, 2017, 07:21 AM
|
Fifty-nine percent of power and utilities executive respondents expect to actively pursue an acquisition in the next 12 months, according to the latest biannual EY Power & Utilities Capital Confidence Barometer. That demonstrates a 12% increase in...
Read Story
May 30, 2017, 07:19 AM
|
Capital One’s annual survey of healthcare leaders has found that merger and acquisition activity is once again expected to be the industry’s preferred growth strategy in the year ahead. However, nearly one in three executives (31 percent) plan to...
Read Story
January 11, 2017, 07:30 AM
|
Leading global professional services firm Alvarez & Marsal (A&M) has bolstered its North American Commercial Restructuring practice with the addition of seasoned restructuring expert David Miller who joins the group as a Managing Director in its...
Read Story
August 25, 2016, 07:33 AM
|
Conway MacKenzie announced the launch of the firm’s Valuation & Opinion Services practice. Led by Senior Managing Director, Sam W. Clark, IV, the group provides expert advice and opinions to companies and their boards, investors and other capital...
Read Story
August 03, 2016, 07:53 AM
|
CNG Source, Inc., a leading provider of turn-key CNG station design, equipment production, and installation, has retained Heritage Equity Partners to seek an investor, joint venture partner, or buyer for the business. Founded in 2011, CNG Source is...
Read Story
December 14, 2015, 07:43 AM
|
Regions Financial Corporation announced the acquisition of BlackArch Partners, a private, middle-market mergers and acquisitions (M&A) advisory firm headquartered in Charlotte, N.C. Financial terms of the transaction are not disclosed.“BlackArch...
Read Story
October 26, 2015, 08:24 AM
|
US Capital Partners Inc. announced that Marc Berman has joined its expanding Investment Banking group as Senior Vice President, Mergers & Acquisitions. Prior to joining US Capital Partners, Berman was a principal at Berman Capital, LLC, a registered...
Read Story
December 12, 2014, 07:39 AM
|
SourceMedia’s Mergers & Acquisitions Conditions Index (MACI) edged higher in July, boosted by a rise in early-stage deal flow. The increase indicates that mid-market dealmakers are generally optimistic that the momentum experienced in the first half...
Read Story
August 21, 2014, 07:26 AM
|
Evercore is expanding its investment banking capabilities in London through the formation of a new European dedicated debt advisory business. The business will be led by Swag Ganguly who joins the firm as a Senior Managing Director from Rothschild in...
Read Story
July 30, 2014, 07:23 AM
|
In the face of an economy on a slow rebound and shifts in consumer behaviors, the winners among retailers since the Great Recession are those that are adapting their business models and keeping their brands relevant and their value proposition...
Read Story
July 15, 2014, 07:14 AM
|
KPMG LLP's wholly owned subsidiary, KPMG Corporate Finance LLC ("KPMG CF") has acquired substantially all of the assets of St. Charles Capital, a boutique investment bank that provides M&A and capital advisory services for mid-market companies...
Read Story
June 27, 2014, 07:25 AM
|
Pamlico Capital and the management team of Clarity Telecom (“Clarity”) announced that they have entered into a definitive agreement to purchase broadband assets in Rapid City and Sioux Falls, South Dakota from WOW! Internet, Cable & Phone (“WOW!”)....
Read Story
June 13, 2014, 07:18 AM
|
First Business Financial Services, Inc. and Aslin Group, Inc. announced the signing of a definitive agreement for First Business to acquire Aslin Group, including Alterra Bank, Aslin Group's wholly owned subsidiary. The cash-and-stock transaction is...
Read Story
May 27, 2014, 07:58 AM
|
Classic Party Rentals announced the completion of the acquisition of substantially all of the business of Event Rentals, Inc. and its subsidiaries, d/b/a Classic Party Rentals, by funds managed by subsidiaries of Apollo Global Management...
Read Story
May 27, 2014, 07:27 AM
|
Houlihan Lokey is pleased to announce the sale of Dallas-based Goodman Factors, a nationwide invoice factoring company, to Independent Bank of Memphis, TN. Houlihan Lokey served as exclusive financial advisor to Goodman Factors and assisted in...
Read Story
May 21, 2014, 07:46 AM
|
TAB Bank is pleased to announce it has entered into an Asset Purchase and Sale Agreement to acquire the factoring portfolio and other related assets of Anchor Funding Services, LLC of Charlotte, NC. In addition to Anchor’s factoring portfolio of...
Read Story
May 21, 2014, 07:38 AM
|
An anticipated wave of mergers and acquisitions by larger middle-market companies could have a ripple effect on smaller middle-market businesses, according to Cindy Crotty, head of KeyBank’s Business Banking and Middle Market banking segments.The May...
Read Story
May 19, 2014, 07:16 AM
|
According to a recent survey of more than 1,000 merger and acquisition (M&A) professionals, investors and advisors conducted by KPMG LLP, the audit, tax and advisory firm, 44 percent indicated that M&A activity will be highest this year among...
Read Story
April 15, 2014, 07:19 AM
|
PacWest Bancorp ("PacWest") announced that on April 7, 2014, it completed its previously announced merger with CapitalSource Inc. ("CapitalSource"). CapitalSource Bank, a wholly-owned subsidiary of CapitalSource, merged with and into PacWest's...
Read Story
April 09, 2014, 07:22 AM
|
FocalPoint Partners announced the addition of Michael Fixler as Managing Director. He joins FocalPoint’s growing Chicago office to further develop its efforts in restructuring and special situations.
Fixler has spent his career advising companies...
Read Story
March 24, 2014, 07:36 AM
|
SSG Capital Advisors, LLC (“SSG”), a leading independent special situations investment bank, announced the formation of Global Special Situations M&A (“GSSMA” or the “Alliance”) along with founding partner firms, Saxenhammer & Co., based in Germany...
Read Story
March 04, 2014, 07:18 AM
|
Smaller U.S. banks with assets of less than $10 billion are stepping up M&A activity at a time when weak organic growth prospects and rising regulatory costs are driving a need for increasing scale, according to Fitch Ratings. Fitch believes that...
Read Story
February 24, 2014, 07:17 AM
|
With a sense of stability returning to the economy and to corporate boardrooms, the RBS Citizens Middle Market M&A Outlook 2014 released today reveals that middle market companies remain open to buying or selling but are prioritizing opportunities to...
Read Story
February 12, 2014, 07:09 AM
|
According to a survey by KPMG LLP, the U.S. audit, tax and advisory firm, merger and acquisition (M&A) activity is expected to remain solid throughout 2014. Of the more than 1,000 M&A professionals, investors and advisors who participated in the...
Read Story
December 09, 2013, 08:01 AM
|
Fidelity National Financial, Inc., a leading provider of title insurance, mortgage services and diversified services, announced the completion of the amendment of its existing $800 million senior unsecured revolving credit facility (“credit...
Read Story
October 28, 2013, 07:39 AM
|
Dramatic shifts in the retail grocery business continue to create opportunities for asset-based lenders and private-equity investors alike. But as a Tiger Group expert noted in a Sept. 12 panel discussion with colleagues from Nixon Peabody LLP and...
Read Story
September 19, 2013, 07:26 AM
|
Hudson’s Bay Company and Saks Incorporated announced that they have entered into a definitive merger agreement whereby HBC will acquire Saks for U.S.$16.00 per share in an all-cash transaction valued at approximately U.S.$2.9 billion, including debt....
Read Story
July 29, 2013, 07:36 AM
|
Catalysts are beginning to emerge that could prompt an increase in merger and acquisition activity in the U.S. banking sector over the immediate term, according to Fitch Ratings.
The growing factors include higher stock values for healthy...
Read Story
July 11, 2013, 07:22 AM
|
Economic optimism is improving in the U.S.; however, there will not be big changes in US deal volume for the remainder of 2013, according to EY Transaction Advisory Services.
"There is a significant, on-going element of uncertainty, preventing the...
Read Story
July 09, 2013, 07:14 AM
|
Contrary to predictions for 2013, this is not the year that middle market companies will set new records for mergers and acquisitions. But that doesn't mean the middle market is standing still, according to the most recent quarterly Middle Market...
Read Story
June 28, 2013, 07:49 AM
|
According to a survey conducted by KPMG, merger and acquisitions (M&A), private equity and tax professionals from the technology, financial services and healthcare sectors, among others, expect an increase in their companies' or clients' deal...
Read Story
March 07, 2013, 08:05 AM
|
Houlihan Lokey, the international investment bank, announced that Lyle Wilpon has joined the firm’s Mergers & Acquisitions Group as a managing director, based in New York. He reports to Steven Tishman, Global Head of the Mergers & Acquisitions Group...
Read Story
February 27, 2013, 07:41 AM
|
Senior middle-market dealmakers and their advisors in the New York City area hold mixed views about the America’s economic performance this year, according to survey results issued by ACG New York, the area’s leading association of deal-making...
Read Story
February 22, 2013, 08:28 AM
|
Houlihan Lokey, the international investment bank, announced that it has acquired Milestone Advisors, LLC, a Washington, D.C.-based independent investment banking firm which provides mergers and acquisitions, corporate finance, and asset valuation...
Read Story
January 09, 2013, 07:48 AM
|
A Bloomberg article notes global mergers and acquisitions rose to the highest level in four years this quarter, as a surge in U.S. deals provided ground for optimism and salvaged what had been the worst year for takeovers since the financial...
Read Story
December 27, 2012, 07:29 AM
|
Executives in the senior housing and care industries are optimistic about their performance in the next 12 months, according to a survey of industry executives released today by GE Capital, Healthcare Financial Services. Seventy-seven percent of...
Read Story
November 05, 2012, 08:26 AM
|