Citizens Financial entered a definitive agreement to purchase certain assets of Bowstring Advisors, an Atlanta-based merger and acquisition advisory firm that delivers a range of financial services to commercial and industrial clients nationwide.
BB&T, SunTrust to Merge in $66B Deal
February 7, 2019
SunTrust Bank and BB&T signed a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the sixth-largest U.S. bank based on assets and deposits.
United Community Banks to Acquire First Madison Bank & Trust
February 6, 2019
United Community Banks agreed to acquire First Madison Bank & Trust in a $52 million all-cash transaction. First Madison will subsequently merge with and into United.
Bank of Princeton to Acquire Five Beneficial Bank Branches
February 6, 2019
The Bank of Princeton entered into a purchase and assumption agreement to acquire five Beneficial Bank branches in Bordentown, Browns Mills, Chesterfield, Deptford, and Sicklerville, NJ.
2019 M&A Outlook: It’s Still a Seller’s Market – For Now
January 30, 2019
Middle-market companies seeking growth or liquidity have fueled a strong M&A market in recent years, but Citizens Commercial Banking’s annual survey found many companies see a slowdown on the horizon.
Sterling to Acquire Woodforest ABL & Equipment Finance Businesses
January 25, 2019
Sterling Bancorp, through its principal subsidiary, Sterling National Bank, agreed to acquire the asset-based and equipment finance lending businesses of Woodforest National Bank.
Community Bank to Acquire Kinderhook Bank
January 23, 2019
Community Bank System entered into a definitive agreement to acquire Kinderhook Bank and its subsidiary National Union Bank of Kinderhook in an all cash transaction valued at approximately $93.4 million.
MUFG to Acquire Supply Chain Finance Platform from GE Capital
January 17, 2019
MUFG Union Bank will acquire supply chain finance platform Trade Payable Services from GE Capital. The deal marks the third major divestment by GE Capital over the last six months.
PNC Bank to Acquire Ambassador Financial Group
January 15, 2019
PNC Bank signed a definitive agreement to acquire Ambassador Financial Group, a provider of balance sheet management, investment banking and capital markets services to various financial institutions.
