Citizens Bank hired Peter Ulmer as a managing director of the bank’s transitional finance team. Ulmer previously served at Wells Fargo for 20 years and has experience as a financial partner to corporate clients throughout the business life cycle.
Citizens Capital Markets served as financial advisor to Liberty Steel Products in its divestiture of Welded Tubes to Lock Joint Tube, a subsidiary of Steel Warehouse Company.
According to a survey from Citizens Bank, 50% of consumers and 76% of businesses said the COVID-19 pandemic has changed the way they interact with their financial institution, with 66% of consumers and 73% of businesses saying that these changes will be permanent.
Citizens M&A Advisory served as the exclusive financial advisor to TopBloc, a services, deployment and support provider for Workday, in its recapitalization by BV Investment Partners.
Landmark Infrastructure Partners obtained commitments from a syndicate of banks for an amended and restated $450 million five-year revolving credit facility arranged by SunTrust Robinson Humphrey and Citizens Financial.
JPMorgan Chase and Citizens Financial Group provided $390 million in new senior secured credit facilities to support Del Frisco’s Restaurant Group’s acquisition of Barteca Restaurant Group.
The FDIC and Federal Reserve will require updated expectations for the next resolution plans of CIT and Citizens Financial Group.
Citizens Financial Group acquired Western Reserve Partners, a Cleveland-based merger and acquisition advisory firm with a focus on middle market clients.
Ridgemont Equity Partners acquired Worldwide Express from affiliates of Quad-C Management. Ridgemont will merge its portfolio company, Unishippers Global Logistics, with Worldwide Express to form a new entity called Worldwide Express Global Logistics.