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November 19, 2019

Federated Investors completes PNC asset purchase

Federated Investors Inc., a Pittsburgh-headquartered global investment manager, has acquired certain components of the PNC Capital Advisors LLC investment management business for $56 million. The deal encompasses approximately $14 billion in assets and an international equity team....

By Jayne Gest

October 23, 2019

Randy Carver: There Is Much To Think About As You Prepare To Sell

The first question you need to ask yourself if you’re thinking about selling your business, says Randy Carver, is what do you want to do next?...

By Mark Scott

October 15, 2019

RIA In A Box Buys SF-Based Gordian Compliance Solutions

The combination is expected to bring RIA in a Box's software to a greater audience of registered investment advisers, private funds and broker dealers and deepen the company's regulatory expertise, further enabling RIA in a Box to provide value-add compliance software and support to firms of all sizes....

By Mark Scott

October 10, 2019

Jeremy Falendysz: Sellers Are Often Their Own Worst Enemy In Maximizing Deal Value

Sellers who want to boost value ahead of a potential sale often do more harm than good, says UHY Corporate Finance’s Jeremy Falendysz....

By Mark Scott

October 10, 2019

Fi360 to be sold to Fintech Broadridge

Broadridge Financial Solutions Inc., a $4 billion Long Island, New York-based Fintech company, has agreed to acquire Pittsburgh’s Fi360 Inc. The transaction will help enhance Broadridge’s existing retirement solutions and further strengthen the firm’s data and analytics tools and solutions....

By Jayne Gest

October 1, 2019

ChoiceOne Bank Completes Acquisition of Lakestone Bank

The combined holding company is traded on the OTC Pink Open Market under the symbol COFS....

By Michael Marzec

September 30, 2019

Advisory Research Completes Management-Led Buyout

Advisory Research Investment Management manages institutional assets across a variety of disciplines. The firm's investment teams focus on four key areas —U.S. value equity, U.S. growth equity, global core equity, and energy equity....

By Mark Scott

September 27, 2019

Deal Outlook: Corporate Divestitures Offer Opportunity, Risks

Tom Zucker of M&A advisory firm EdgePoint Capital talks about the effect interest rates typically have on M&A activity and the continued rise of corporate divestitures in the dealmaking space....

By Mark Scott

September 27, 2019

Pitfalls And Best Practices For A Successful Acquisition

S&T Bank's Brian Dobis shares his perspective on three pitfalls and best practices when acquiring companies....

By Jayne Gest

September 24, 2019

Sterling to be sold to ICS

Las Vegas-based Integrated Compliance Solutions has agreed to acquire all outstanding shares of Sterling Compliance LLC, a Pittsburgh strategic risk management partner to community banks and credit unions. The strategic deal was a natural fit with the two entities working together over the past year on projects related to banking compliance with a focus on financial institutions that want to bank cannabis-related businesses....

By Jayne Gest

September 20, 2019

Selling A Business Is All About Focus

Sun Acquisitions President Domenic Rinaldi talks about a seller whose lack of focus killed a deal, tips on identifying the right buyer and the problem with selling to a competitor....

By Mark Scott

September 19, 2019

How Blockchain Could Impact Commercial Real Estate Investing

The future of dealmaking, specifically in the commercial real estate market, is in blockchain technology, says Inveniam Capital Partners’ Patrick O’Meara....

By Mark Scott

September 18, 2019

Superior National Buying Main Street Bank

The combined bank will have assets of more than $800 million, with 11 bank branches and four loan origination offices in Michigan's Upper Peninsula and southeast Michigan....

By Michael Marzec

September 12, 2019

Three keys to an effective recapitalization strategy

Greenwich Capital Group's Andrew Dickow shares what you need to consider when building an effective recapitalization strategy....

By Mark Scott

September 4, 2019

Northern Trust Asset Management Completes Belvedere Acquisition

The acquisition joins the technology of Belvedere Advisors with Northern Trust Asset Management’s portfolio construction and asset allocation expertise....

By Mark Scott

September 4, 2019

CBIZ buys QBA Benefits

CBIZ Inc. has acquired substantially all the assets of QBA Benefits LLC....

By Adam Burroughs

September 3, 2019

CBIZ to buy Brinig Taylor Zimmer

CBIZ Inc. is set to acquire substantially all the assets of Brinig Taylor Zimmer Inc....

By Adam Burroughs

August 30, 2019

Debt Advisor Tom Lesch On Financing Riskier Deals

Livingstone Partners' Tom Lesch talks about his approach helping companies get the capital they need, as well as a recent trend that has seen borrowers become less willing to take risks....

By Mark Scott

August 26, 2019

Stifel Financial to buy B&F Capital Markets

Stifel Financial Corp. is set to acquire B&F Capital Markets Inc., which provides regional and community banks with interest rate swap capabilities....

By Adam Burroughs

August 21, 2019

Alliance Data Modified Dutch Auction Tender Offer Results

Alliance Data Systems Corp. announced the final results of its modified Dutch auction tender offer. According to depositary Computershare Trust Company, N.A., 12,099,724 shares of Alliance Data common stock were properly tendered and not properly withdrawn at or below the purchase price of $162 per share....

By Jayne Gest

August 16, 2019

Alliance Data Systems modified Dutch auction, preliminary results

Alliance Data Systems Corp. announced preliminary results from its modified Dutch auction tender offer. According to depositary Computershare Trust Company, N.A., about 13.49 million shares of Alliance Data common stock were properly tendered and not withdrawn at or below the purchase price of $162 per share....

By Jayne Gest

August 8, 2019

iPipeline bought by Roper Technologies

iPipeline, a provider of cloud-based software solutions for the life insurance and financial services industry is being acquired by Roper Technologies Inc, a diversified technology company....

By Adam Burroughs

August 2, 2019

Fort Pitt combines with Harrisburg wealth management firm

Roof Advisory Group Inc. has agreed to join Fort Pitt Capital Group LLC. The transaction will expand the Pittsburgh-based firm’s presence in Pennsylvania and position its business for further growth in the Northeast, while also deepening and broadening the investment capabilities of the combined firm....

By Jayne Gest

July 31, 2019

PCS Retirement buys Aspire Financial Services

The combined 300-person organization will provide recordkeeping services to 16,000 plans and 750,000 eligible participants representing more than $23 billion in assets under administration....

By Adam Burroughs

July 30, 2019

Northern Trust Asset Management to buy Belvedere Advisors

Investment manager Northern Trust Asset Management is set to acquire Belvedere Advisors LLC, which owns Emotomy, an open-architecture digital investment advice platform designed for financial professionals....

By Adam Burroughs

July 30, 2019

Hamilton Lane closes $760M fund

Investment management firm Hamilton Lane has closed its Hamilton Lane Strategic Opportunities Fund V, which represents more than $760 million in commitments....

By Adam Burroughs

July 30, 2019

Boenning & Scattergood to buy Sweney Cartwright

Boenning & Scattergood is buying Sweney Cartwright & Co., a Columbus, Ohio-based broker-dealer. All Sweney Cartwright financial advisers and associates are expected to bring approximately $700 million of assets to Boenning & Scattergood in August 2019....

By Jayne Gest

July 25, 2019

Wintrust To Buy Countryside Bank In $90.5M Deal

Countryside has $594 million in assets and six branches in the Chicagoland area....

By Mark Scott

July 24, 2019

InstaMed, JPMorgan Chase deal finalized

JPMorgan Chase & Co. has closed its acquisition of InstaMed, a health care payments company headquartered in Philadelphia. InstaMed Holdings, Inc. will operate as a subsidiary of JPMorgan Chase Bank N.A....

By Adam Burroughs

July 23, 2019

Old Line Bancshares to merge with WesBanco

The $500 million, all-stock transaction will expand WesBanco’s franchise by 37 offices throughout Maryland, primarily in the Washington D.C. and Baltimore metropolitan areas....

By Jayne Gest

July 19, 2019

How To Leverage Your Banker, Even Without Using Debt

Wes Gillespie, ErieBank’s regional president for the Cleveland market, talks about the bank’s role in the acquisitions process and how lenders can be a valuable M&A partner, even if you’re not using debt to finance your acquisition....

By Mark Scott

July 16, 2019

Chemical, TCF Deal Receives Regulatory Approval

The combined company is expected to have over $46 billion in total assets and be a top 10 bank in the Midwest based on deposit market share....

By Mark Scott

July 2, 2019

Buying in a frenzied market

PNC Mezzanine Capital's Doug Brosius Brosius shares his insights into what is driving these high valuations and how they are impacting his approach to deals....

By Jayne Gest

July 2, 2019

Alliance Data completes Epsilon sale

Alliance Data plans to use the net sale proceeds to repurchase shares and pay down corporate debt....

By Jayne Gest

July 2, 2019

Finance Fund plays vital investment role in local communities

Finance Fund connects underserved communities in Ohio with public and private sources of capital to improve access to healthy food, health care service, education and affordable housing....

By Jayne Gest

July 1, 2019

MAI Capital buys Cincinnati firm, creates insurance unit

The move establishes an MAI location in Cincinnati while forming the basis of MAI Insurance Solutions, a new entity devoted to planning-based insurance services....

By Adam Burroughs

July 1, 2019

First Commonwealth Bank approved to buy 14 Santander branches

The branch acquisition is expected to add approximately $525 million of deposits and $120 million of retail and business loans....

By Jayne Gest

June 28, 2019

Chuck Bernicker Raises $250M For Blank Check Company

Former CardConnect CFO Chuck Bernicker has successfully closed a $250 million initial public offering for South Mountain Merger Corp., a "blank check" company formed for the purpose of acquiring financial technology businesses....

By Michael Marzec

June 28, 2019

Guaranteed Rate’s Victor Ciardelli: Don't Panic When A Deal Goes Bad

Guaranteed Rate founder Victor Ciardelli talks about the steps he takes to avoid difficult acquisitions and the important role culture plays in determining the success of a deal....

By Mark Scott

June 27, 2019

Be Sure You Can Manage Your Capital Before You Take It

Competition is strong among financial institutions engaged in M&A activity, which creates risk for companies looking to make a deal, says says Richard C. Hampson, state president and head of commercial banking at Citizens Bank, Michigan....

By Mark Scott

June 25, 2019

Cornerstone Capital Advisors bought by CAPTRUST Financial Advisors

CAPTRUST also acquired McQueen, Ball & Associates, a wealth management and financial planning firm located in Bethlehem, Pa. The two transactions bring more than $2 billion of client assets....

By Adam Burroughs

June 25, 2019

Fintech Pineapple Payments buys rival CardChamp

This is the fourth acquisition for Pineapple Payments, which raised $35 million in a 2017 private equity funding round led by Providence Strategic Growth....

By Jayne Gest

June 19, 2019

Twin Brook Capital Partners AG Direct Lending Fund III raises $2.75B

The fund will seek to capitalize on long-term investment opportunities in middle-market direct lending....

By Adam Burroughs

June 18, 2019

Ditech Holding set to sell multiple assets in multiple-company deal

Through the deals, New Residential will acquire the assets of the Ditech's forward mortgage servicing and originations business, and Mortgage Assets will acquire the stock and assets of the Ditech's reverse mortgage business....

By Adam Burroughs

June 17, 2019

MAI Capital Management buys MTX Wealth Management

MTX, a financial and investment adviser to high-net-worth individuals that includes professional athletes and entertainers, will consolidate its sports-related advisers into a dedicated service group within MAI, branded MAI Sports....

By Adam Burroughs

June 12, 2019

Family offices grow in number and sophistication

Private banker Reese Fields discusses how family offices operate, including balancing privacy with connecting to potential investments....

By Jayne Gest

June 11, 2019

Hub International Acquires Vancouver-Based Porchlight Financial

Vancouver-based Porchlight Financial is a full-service group retirement plan consulting firm with 25 years of experience in helping employers and employees achieve better pension outcomes....

By Mark Scott

June 10, 2019

Monroe Capital Closes $456.34M CLO Transaction

The term financing was Monroe’s third collateralized loan obligation completed in the last 15 months and is secured by a portfolio of middle-market, senior-secured loans....

By Mark Scott

June 7, 2019

Chemical and TCF shareholders approve merger of banks

The combined operations will be based in Detroit and operate under the TCF name following the closing, which is expected in the third quarter....

By Jayne Gest

June 6, 2019

Halo Closes $12M Series B Funding To Expand Structured Notes Platform

Halo, the world's first multi-issuer technology platform for structured notes, will use the funds to expand its international footprint and expand into new asset classes....

By Mark Scott