Posted on 2/23/21
GTCR and Reverence Capital Partners to Acquire Wells Fargo Asset Management
GTCR LLC and Reverence Capital Partners, L.P. announced today that they have signed a definitive agreement to acquire Wells Fargo Asset Management from Wells Fargo & . . .
Posted on 2/23/21
Alpha Capital’s SPAC Closes $230 Million IPO on Nasdaq
NEW YORK--(BUSINESS WIRE)--Alpha Capital announced today that it has closed its $230 million initial public offering on the Nasdaq Capital Market, trading under the ticker symbol “ASPCU”. . . .
Posted on 2/23/21
Star Mountain Capital Named One of Crain’s New York Business 2020 Best Places to Work
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC, a specialized investment manager focused exclusively on the large and underserved U.S. lower middle-market, is pleased to announce that it . . .
Posted on 2/23/21
M&T Bank to Buy People's United in All-Stock Deal
M&T Bank (NYSE:MTB) plans to acquire People's United Financial (NASDAQ:PBCT) in another big deal among consolidating regional banks.It will be an all-stock transaction worth $7.6 billion, . . .
Posted on 2/23/21
HowGood Announces $6 Million In Funding
HowGood, a SaaS data platform with the world's largest sustainability database for the food and personal care industries, today announced it has raised a $6 million . . .
Posted on 2/22/21
M&T Bank Corporation to Acquire People's United Financial
M&T Bank Corporation (NYSE: MTB) and People's United Financial, Inc. (NASDAQ: PBCT) announced today that they have entered into a definitive agreement under which M&T will . . .
Posted on 2/22/21
Premia Acquires Armour
Premia Holdings Ltd. announced today that it has entered into an agreement to acquire Armour Re Ltd., a Bermuda-based P&C legacy reinsurer and a wholly-owned subsidiary . . .
Posted on 2/22/21
MetLife Investment Management Supports Prince George’s County Public Schools With $203.5 Million in Public-Private Partnership Financing
WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced it has completed a Public-Private Partnership (PPP) transaction . . .
Posted on 2/22/21
J.P. Morgan Makes Strategic Investment in Zanbato
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Financial technology company Zanbato is pleased to announce it has secured a strategic investment from global financial services leader, J.P. Morgan (NYSE: JPM). . . .
Posted on 2/22/21
Project Well Announces $2M Investment from S2G Ventures and Primetime Partners
Project Well, a new food-as-medicine marketplace designed to materially improve the lives of those suffering from diet sensitive chronic disease and food insecurity, announced today that . . .
Posted on 2/22/21
Arlington Capital Partners Announces Strategic Minority Investment by Goldman Sachs Asset Management
WASHINGTON--(BUSINESS WIRE)--Arlington Capital Partners, a leading middle market private equity firm, today announced a passive, non-voting, minority equity investment by Goldman Sachs Asset Management’sPetershill program, creating . . .
Posted on 2/22/21
Advent International-Backed ATI Physical Therapy Set to Go Public Through Business Combination with Fortress Value Acquisition Corp. II
Fortress Value Acquisition Corp. II (NYSE: FAII), a special purpose acquisition company, and ATI Physical Therapy, a portfolio company of Advent International and the largest single-branded outpatient . . .
Posted on 2/19/21
BharCap Completes Spin-Out With $1.8 Billion In Capital
BharCap Partners, LLC announced the spin-out of its team from Pine Brook Road Partners, forming an independent private investment firm focused on the financial services industry. BharCap . . .
Posted on 2/19/21
Sixth Street Specialty Lending Prices Public Offering of Common Stock
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE:TSLX) announced today that it has priced a public offering of 4,000,000 shares of its common stock for total . . .
Posted on 2/19/21
AdvanSix Announces Fourth Quarter and Full Year 2020 Financial Results
PARSIPPANY, N.J.--(BUSINESS WIRE)--AdvanSix (NYSE: ASIX) today announced its financial results for the fourth quarter and full year ending December 31, 2020. The Company generated improved results across a . . .
Posted on 2/19/21
Alpha Capital Acquisition Company Prices of $200 Million IPO
NEW YORK--(BUSINESS WIRE)--Alpha Capital Acquisition Company announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units are expected to . . .
Posted on 2/19/21
Meridian Capital Group Arranges $47M in Acquisition Financing for The Jamison, a Multifamily Property in Kissimmee, FL
Meridian Capital Group, America’s most active dealmaker, arranged $47 million in acquisition financing for The Jamison, a luxury multifamily property in Kissimmee, FL on behalf of . . .
Posted on 2/19/21
Is Churchill Capital Still a Buy?
Churchill Capital IV (NYSE:CCIV) has created quite a stir as shares have more than doubled in February. The bullish sentiment is based on ongoing rumors and . . .
Posted on 2/19/21
CD&R Engages Former Belden CEO John Stroup as Operating Advisor
Clayton, Dubilier & Rice today announced that John Stroup, Executive Chairman of Belden, Inc., has been named an Operating Advisor to CD&R funds. Mr. Stroup joined . . .
Posted on 2/18/21
Prospect Capital Corporation Prices of $25 Million of 3.706% Notes
NEW YORK, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) announced today the pricing of $25 million in aggregate principal amount of additional . . .
Posted on 2/18/21
Here's Why Wells Fargo Stock Is Rising on Wednesday
What happenedWells Fargo (NYSE:WFC) is one of the best-performing stocks in the financial sector on Wednesday. As of 11:30 am EST, the large-cap bank had risen . . .
Posted on 2/18/21
Wells Fargo Takes a Step Toward Getting Asset Cap Removed
Wells Fargo (NYSE:WFC) is reportedly one step closer to getting an extremely costly $1.95 trillion asset cap removed.Officials from the Federal Reserve, which placed the asset . . .
Posted on 2/18/21
Goldman Sachs Raises 2021 Profit Estimate for the S&P 500 Index
The top companies on the stock exchange are going to make more money than previously anticipated, at least in Goldman Sachs' (NYSE:GS) estimation.The investment bank's strategist . . .
Posted on 2/17/21
BHI Food & Beverage Group Announces $61M in New Financing Transactions
F&B Group provides financing for Teasdale Latin Foods and Resnick DistributorsBHI, a full-service commercial bank, announced that its Food & Beverage Group has arranged a total . . .
Posted on 2/17/21
CIT Closes on Asset-Based Credit Facility of up to $145 Million
CIT Group Inc. (NYSE: CIT) today announced that its Asset-Based Lending business committed to $25 million in financing while serving as joint lead arranger on an . . .
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