Panmure Liberum, a prominent UK investment banking firm, has officially announced significant expansions in its service offerings and leadership structure, marking a new era in its growth ambitions. This strategic move includes the introduction of two new product areas—Debt Advisory and specialized Private Capital—and the confirmation of its Senior Executive Team and Department Heads. The […]
In a significant move to enhance its financial services portfolio, Taxes Served Corp., a prominent tax services firm headquartered in Hoboken, New Jersey, announced its acquisition of Blue Mountain Bookkeeping LLC, a Virginia-based bookkeeping service provider. Set to be finalized at the beginning of June, this acquisition underscores Taxes Served Corp.’s commitment to broadening its […]
ELGA Credit Union (“ELGA CU”) and Marine Bancorp of Florida, Inc. (OTCMKTS: MBOF), the parent company of Marine Bank & Trust Company (“Marine Bank”), have announced a definitive agreement under which ELGA CU will acquire Marine Bank in an all-cash transaction valued at $43.75 per share. This strategic move, unanimously approved by the boards of […]
Atlanta Postal Credit Union (APCU), Georgia’s oldest and the largest postal credit union in the United States, alongside its subsidiary Center Parc Credit Union, has entered into a definitive agreement to acquire Affinity Bank, a subsidiary of Affinity Bancshares, Inc. (NASDAQ: AFBI). This strategic acquisition is set to reshape the financial landscape in Atlanta and […]
In a significant development in the Danish banking sector, Sydbank A/S has officially announced its acquisition of Coop Bank A/S, which will now operate as a wholly owned subsidiary of Sydbank A/S. This acquisition not only broadens Sydbank’s customer base but also reinforces its service offerings across Denmark. The acquisition agreement includes a cash purchase […]
SouthState Corporation (NYSE: SSB) has entered into a definitive agreement to acquire Independent Bank Group, Inc. (NASDAQ: IBTX), based in McKinney, Texas, in an all-stock transaction valued at approximately $2 billion. This strategic move will significantly expand SouthState’s market presence, combining with Independent Bank Group’s substantial operations in key Texan markets and the Colorado Front […]
Business First Bancshares, Inc. (NASDAQ: BFST), the holding company for b1BANK, has entered into a definitive agreement to acquire Oakwood Bancshares, Inc., and its wholly-owned subsidiary, Oakwood Bank, in an all-stock transaction valued at approximately $85.7 million. This transaction, based on Business First’s closing share price of $21.57 on April 22, 2024, marks a significant […]
Steward Partners, an independent and employee-owned financial services firm, has announced the acquisition of two financial advisory firms, Monaco Capital and Saling Simms, under its Freedom Street merger. This strategic move adds five advisors and a combined total of $488 million in client assets to Steward Partners’ growing portfolio. The acquisitions are part of Steward […]
Capital Bancorp, Inc. (“CBNK”), a notable entity in the financial services sector, headquartered in Rockville, Maryland, and Integrated Financial Holdings, Inc. (“IFH”), based in Raleigh, North Carolina, have officially announced their merger under a definitive agreement. This agreement stipulates that CBNK will acquire IFH in a sophisticated cash and stock transaction valued at approximately $66 […]