Tag : Acquisition

Inszone Insurance Services Announces the Acquisition of Caleb Insurance and Financial Services
Finance InsurTech News

Inszone Insurance Services Announces the Acquisition of Caleb Insurance and Financial Services

Fintech News Desk
Agency Becomes the 3rd acquisition for Inszone in Texas Inszone Insurance Services, a rapidly growing national provider of benefits, personal, and commercial lines insurance, announced the acquisition of Caleb Insurance and Financial Services, Inc. “Combined with Inszone’s resources, market access and process and procedures, we are excited for the growth......
GreenBox Purchases Sky Financial Securing Estimated $1 Billion Processing Portfolio
Fintech News

GreenBox Purchases Sky Financial Securing Estimated $1 Billion Processing Portfolio

Fintech News Desk
Acquisition Brings Large Processing Volume Portfolio In-House, Enhancing Margins and Creating Additional Revenue Generating Opportunities GreenBox POS, an emerging and rapidly growing Fintech company announced it has entered into and closed on an asset purchase agreement with Sky Financial & Intelligence to purchase a portfolio of merchant accounts for $16 million in cash and 500,000 restricted common shares. The......
Apollo European Principal Finance Completes Real Estate Portfolio Acquisition from ENPAM
Finance News

Apollo European Principal Finance Completes Real Estate Portfolio Acquisition from ENPAM

Fintech News Desk
Apollo announced that European Principal Finance funds managed by its affiliates have completed its previously announced acquisition of a portfolio of real estate assets for €842 million from the Italian pension fund Fondazione Ente Nazionale di Previdenza ed Assistenza dei Medici e degli Odontoiatri (“ENPAM”). The portfolio is comprised of......
Inszone Insurance Services Completes Acquisition of Texstar Insurance Services
InsurTech News

Inszone Insurance Services Completes Acquisition of Texstar Insurance Services

Fintech News Desk
Agency Becomes the 2nd acquisition in the state of Texas for Inszone Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced the acquisition of Texstar Insurance Services Inc. “Thank you to our loyal customers. We enjoyed serving each of you and we know......
Principal Expands Direct Lending Business in 2021 With Eight-Fold Increase in Committed Capital
Lending News

Principal Expands Direct Lending Business in 2021 With Eight-Fold Increase in Committed Capital

Fintech News Desk
Principal Global Investors, through its direct lending business, Principal Alternative Credit, closed out 2021 with a more than eight-fold increase in committed capital, advancing its plans to expand its private debt capabilities. Marking the completion of its first full year in the direct lending market, Principal Alternative Credit closed on......
Citi Announces Agreement to Sell Consumer Bank in Indonesia, Malaysia, Thailand and Vietnam to UOB Group
Banking News

Citi Announces Agreement to Sell Consumer Bank in Indonesia, Malaysia, Thailand and Vietnam to UOB Group

Fintech News Desk
Citi Continues to Execute on Global Consumer Bank Strategic Actions Citi announced it has reached agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam. The transaction includes retail banking and credit card businesses but excludes the bank’s institutional businesses in......
Westland Insurance Expands Partnership with Blackstone Credit, Bringing Aggregate Investment to $1.2 Billion
Investment Services News

Westland Insurance Expands Partnership with Blackstone Credit, Bringing Aggregate Investment to $1.2 Billion

Fintech News Desk
Blackstone Credit provides an additional $250 million commitment to support Westland’s growth strategy Westland Insurance Group Ltd., one of the largest and fastest-growing independent property and casualty insurance brokers in Canada and a family-owned company, announced it has expanded its partnership with Blackstone Credit. Building on its initial investment in......
Silicon Ranch Raises $775 Million in Equity Funding Led by Manulife Investment Management
Investments News

Silicon Ranch Raises $775 Million in Equity Funding Led by Manulife Investment Management

Fintech News Desk
Independent power producer has raised $1 billion in the past year to fund its rapid growth across North America Silicon Ranch Corporation, one of the largest independent power producers in the US., announced that it has raised $775 million in new equity capital. Manulife Investment Management, on behalf of Manulife Infrastructure......
JDX Consulting Acquired by Delta Capita Group
Capital Markets News

JDX Consulting Acquired by Delta Capita Group

Fintech News Desk
Delta Capita acquires JDX Consulting to create one of the largest specialist Capital Markets consulting and managed service providers JDX Consulting, a global resource augmentation and domain consulting business, announced that its shareholders completed a transaction under which JDX is acquired by Delta Capita Group. JDX will become a subsidiary......
MAI Capital Management Acquires Monarch Business & Wealth Management
Investments News

MAI Capital Management Acquires Monarch Business & Wealth Management

Fintech News Desk
The acquisition, which also includes strategic partner Regal Wealth Management, expands MAI’s nationwide presence while adding to its Sports + Entertainment Division MAI Capital Management, LLC, a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals, families, professional athletes and entertainers, has acquired New York Based......
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