Tag : Acquisition

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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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......
Alpha Cubed Investments Announces the Acquisition of Empowerment Financial Group
Investment Services News

Alpha Cubed Investments Announces the Acquisition of Empowerment Financial Group

Fintech News Desk
by Fintech News Desk0
Alpha Cubed Investments (“ACI”), a Registered Investment Adviser (RIA), announced the acquisition of Empowerment Financial Group (“EFG”), a respected RIA located in Scottsdale, Arizona Alpha Cubed Investments, a Registered Investment Adviser (RIA), announced the acquisition of Empowerment Financial Group, a respected RIA located in Scottsdale, Arizona. EFG serves clients primarily......
Starwood Capital Group Acquires Majority Interest in Houston-based Land Tejas
Investment Services News

Starwood Capital Group Acquires Majority Interest in Houston-based Land Tejas

Fintech News Desk
by Fintech News Desk0
Starwood Capital Group, a global private investment firm focused on real estate and energy investments, announced that a controlled affiliate has acquired a majority interest in the assets owned by Land Tejas, a Houston-based residential development company with a more than 20-year history of creating exceptional lifestyle communities. Land Tejas,......
Fortive Announces Completion of Provation Acquisition From Clearlake Capital Group
Fintech News

Fortive Announces Completion of Provation Acquisition From Clearlake Capital Group

Fintech News Desk
by Fintech News Desk0
Fortive Corporation announced that it completed its previously announced acquisition of Provation Software, Inc. (“Provation”). As a result of the acquisition, Provation has become an operating company within Fortive’s Advanced Healthcare Solutions (“AHS”) segment. Latest Fintech News: Finzly Accelerates Lead Bank-PointChain Fintech Partnership James A. Lico, President and Chief Executive......
First Foundation Inc. Completes Acquisition of TGR Financial
Banking Finance News

First Foundation Inc. Completes Acquisition of TGR Financial

Fintech News Desk
by Fintech News Desk0
Expands operations from coast to coast and solidifies position as a premier regional bank First Foundation Inc, a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced that it has completed its acquisition, effective as of December 17, 2021, of TGR Financial, Inc.......
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