Mercer announced two leadership appointments to strengthen its mergers & acquisitions consulting capabilities in North America.
Bank of America announced that it completed the merger of its Merrill Lynch subsidiary into Bank of America Corp.
EnerJex Resources announced that it completed its merger with Black Raven Energy, and expanded its revolver with Texas Capital.
The Sterling Group announced that its affiliated investment fund completed the acquisition of ROM and Specialty Manufacturing. BNP Paribas arranged. Oaktree provided second lien debt.
Nielsen Holdings announced that it successfully completed its acquisition of Arbitron agreeing to pay $48 per share for a purchase price of about $1.3 billion. JPMorgan Chase was said to be providing financing support.
Reuters reported that global dealmaking was essentially flat for the first nine months of the year, even with the $130 billion Verizon Communications transaction that bolstered Q3 M&A volume.
GE Capital: 88% of Healthcare Services Execs Will Pursue M&A
As part of the M&A Advisor’s 40 Under 40 M&A Advisor Recognition Awards, Salus Capital’s Kyle C. Shonak was named a winner for the Dealmaker Category.
Southern Theatres announced that it acquired Movie Tavern. GE Capital, Webster Bank, Capital One and CIT are providing financing for the transaction.
Umpqua Holdings and Sterling Financial announced they have entered into an agreement under which Sterling will merge with and into Umpqua. The combined organization will have about $22 billion in assets.