Capital One Acquires GE Capital’s Healthcare Finance Unit
In a transaction valued at approximately $9 billion, Capital One has signed a definitive agreement with GE Capital to acquire its Healthcare Finance unit.
In a transaction valued at approximately $9 billion, Capital One has signed a definitive agreement with GE Capital to acquire its Healthcare Finance unit.
Macquarie Group officially closed its planned acquisition of Advantage Funding on July 31.
The U.S. and global M&A feeding frenzy continues on, as leveraged finance conditions are relatively favorable for financing acquisitions and dividends, boding well for M&A activity in the remainder of 2015. KPMG managing directors Joe Nuzzolo and Bill Welnhofer say the Federal Reserve may not put a halt to the liquidity fueling the M&A fires just yet.
Prospect Capital Corporation has committed up to $31 million to support the acquisition of Intelius Holdings, an information commerce company,by an affiliate of H.I.G. Capital.
Sterling Bancorp has completed its previously announced merger with Hudson Valley Holding, forming an institution with $11.2 billion in assets.
Jack Henry said it acquired Bayside Business Solutions, a provider of portfolio management systems for commercial lenders and factoring software.
Western Alliance said it completed its merger with Bridge Capital Holdings. The combined company has about $13 billion in assets and banking divisions based in CA, AZ and NV.
GE said it reached an agreement to sell its U.S., Mexico, Australia and New Zealand Fleet business to Element Financial for $6.9 billion. GE also signed an MOU for the potential sale of its European fleet business to Arval.
Fifth Street Finance said its portfolio company, HFG Holdings, has been sold to MidCap Financial.
Houlihan Lokey acquired MESA Securities, an advisory firm providing M&A, corporate finance, and other strategic advisory services to clients in traditional and digital media and entertainment.