Tag : Acquisition

BMO Financial Group Accelerates North American Growth with Strategic Acquisition of Bank of the West
Banking News

BMO Financial Group Accelerates North American Growth with Strategic Acquisition of Bank of the West

Fintech News Desk
by Fintech News Desk0
Expansion to major new U.S. geographies, including highly attractive California market, a natural next step in BMO’s North American growth strategy BMO Financial Group, and its indirect wholly-owned Chicago-based subsidiary BMO Harris Bank N.A., announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries,......
NovaAlgoma Cement Carriers Limited Increases Investment in Northern Europe
Investment Services News

NovaAlgoma Cement Carriers Limited Increases Investment in Northern Europe

Fintech News Desk
by Fintech News Desk0
Algoma Central Corporation, a leading provider of marine transportation services, and Nova Marine a Europe based ship-owning and operating company specialized in the dry-bulk sector, announced that NovaAlgoma Cement Carriers Limited, has doubled its investment in JT Cement AS by acquiring an additional 25% of its share equity from KGJ......
Bank7 Corp. Completes Acquisition of Cornerstone Bank
Banking Fintech News

Bank7 Corp. Completes Acquisition of Cornerstone Bank

Fintech News Desk
by Fintech News Desk0
ACQUISITION ADDS CORE FUNDING TO BANK7’S EXISTING DEPOSIT BASE AND EXPANDS ITS SCALE IN THE OKLAHOMA MARKET Bank7 Corp., announced that it has completed its previously announced share acquisition of Watonga Bancshares, Inc. the bank holding company of Cornerstone Bank (“Cornerstone”). As a result of the acquisition, Bank7 now has......
Hub International Strengthens Employee Benefits And Retirement Capabilities With Acquisition Of Certain Assets Of Benefit Partners Group, Llc And Benefit Partners Financial Group, Llc In Illinois
Fintech InsurTech News

Hub International Strengthens Employee Benefits And Retirement Capabilities With Acquisition Of Certain Assets Of Benefit Partners Group, Llc And Benefit Partners Financial Group, Llc In Illinois

Fintech News Desk
by Fintech News Desk0
HUB International Limited (Hub), a leading full-service global insurance brokerage and financial services firm, announced that it has acquired certain assets of Benefit Partners Group, LLC and Benefit Partners Financial Group, LLC (collectively, Benefit Partners Group). Terms of the transaction were not disclosed. Latest Fintech Insights: Coinswitch Kuber Appoints Industry Veteran......
Lument Closes $13.8 Million Bridge Loan for Acquisition of Nashville Community
Banking News

Lument Closes $13.8 Million Bridge Loan for Acquisition of Nashville Community

Fintech News Desk
by Fintech News Desk0
Lument recently announced the closing of a $13.8 million proprietary bridge loan to facilitate the acquisition and renovation of Covenant Crossing, a 110-unit garden-style multifamily community in Nashville, Tennessee. Managing Director Colin Cross and Associate Director John Sloot led the transaction for Lument, which was brought to Lument by John Brickson of Old Capital. Latest Fintech Insights: MyGate Acquires MyCommunity......
Cornerstone Advisors Completes Acquisition of Next Step, Inc.
Fintech News

Cornerstone Advisors Completes Acquisition of Next Step, Inc.

Fintech News Desk
by Fintech News Desk0
Cornerstone Advisors announced that the company has acquired Orlando, Florida-based Next Step, Inc., a professional services team providing technology consulting services to banks and credit unions. Cornerstone Advisors, a leading authority on driving revenue and profitability improvements for mid-size financial institutions and fintech firms, is a portfolio company of Altamont......
Investor Group Led By Rubicon Founders Closes Acquisition of Majority Stake In U.S. Medical Management "USMM"
Fintech Investment Services News

Investor Group Led By Rubicon Founders Closes Acquisition of Majority Stake In U.S. Medical Management “USMM”

Fintech News Desk
by Fintech News Desk0
Rubicon Founders; Valtruis, a WCAS company; HLM Venture Partners; Oak HC/FT; Town Hall Ventures; and Centene expand into the home-based and hospice care industry A consortium of investors led by Rubicon Founders has acquired a majority stake in U.S. Medical Management (USMM), a recognized leader in providing high-quality, compassionate healthcare within......
Sourcepoint Enters Into Agreement To Acquire Mortgage Services Provider The StoneHill Group
Mortgage News

Sourcepoint Enters Into Agreement To Acquire Mortgage Services Provider The StoneHill Group

Fintech News Desk
by Fintech News Desk0
Acquisition strengthens Sourcepoint’s offerings in the mortgage value chain with access to loan QC and due diligence capabilities, plus mid-market lenders Sourcepoint, a Firstsource company and one of the nation’s leading providers of outsourced mortgage services and solutions, announced that the firm has entered into a definitive agreement to acquire......
Onex Partners to Acquire Fidelity Building Services Group
Fintech News

Onex Partners to Acquire Fidelity Building Services Group

Fintech News Desk
by Fintech News Desk0
Onex Corporation announced that Onex Partners V, Onex’ $7.2 billion fund, has agreed to acquire Fidelity Building Services Group (“Fidelity BSG” or the “company”), in partnership with the company’s management team. Fidelity BSG is a leading provider of technical building solutions for the commercial and industrial facilities market, delivering best-in-class,......
PAC Capital Limited
Banking Fintech News

PAC Capital Limited sponsors Afreximbank 2021 Intra-African Trade Fair (IATF) event in Durban, South Africa

Fintech News Desk
by Fintech News Desk0
The company said the sponsorship draws from the continent’s renewed drive to promote its Trade Sector In a bid to reiterate its commitment towards promoting the trade agenda in Africa, PAC Capital Limited ‘PAC Capital, a member of PanAfrican Capital Holdings Group, has concluded plans to sponsor the 2021 Intra-African Trade......
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