Americas
Old Second Announces Strategic Acquisition Of Greater Chicago Financial Corp.
Old Second Bancorp, Inc. and Greater Chicago Financial Corp. jointly announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby Old Second Bancorp, Inc. will acquire Greater Chicago Financial Corp. and its wholly-owned bank subsidiary,...
Asset Management
Hub International Acquires the Assets of Maryland-Based Contractor’s Services, Inc. and Surety Services, LLC
Hub International Limited (Hub), a leading global insurance brokerage, announced that it has acquired the assets of Contractor's Services, Inc. and Surety Services, LLC . Terms of the acquisitions were not disclosed.
Headquartered in Timonium, Maryland, CSI and SS provide...
Financials
Totten Insurance Group acquires Canadian Resources Insurance Solutions, Inc
Totten Insurance Group , a leading national insurance managing general agency, announced today that it has acquired the shares of Canadian Resources Insurance Solutions, Inc. (CRIS), a Sudbury, Ontario-based insurance wholesaler. Terms of the acquisition were not disclosed. This...
Asset Management
GSO Closes Acquisition of $2.4 Billion Credit Investment Portfolio from NewStar Financial
GSO Diamond Portfolio Fund LP , a newly formed $950 million investment fund sponsored by GSO Capital Partners LP, the global credit investment platform of Blackstone, successfully closed on the previously announced acquisition of approximately $2.4 billion in corporate...
Company Statements
Direct Line Group announces a 15% equity stake in the UK-based rental market disrupter Canopy
Direct Line Insurance Group plc ("Direct Line Group" or the "Group") announces a 15% equity stake in Canopy, a rental market disruptor founded in 2016, which is targeting the traditional rental market head-on.
Canopy offers an alternative to costly security...
Americas
Navient announces agreement to acquire Earnest, a leading financial technology and education finance company
Navient, a leading provider of asset management and business processing solutions, announced it has entered into an agreement to acquire Earnest, a leading financial technology and education finance company.
โCombining Earnestโs best-in-class data science, digital marketing, and technology with Navientโs...
Company Statements
WaterStone Bank Partners with Popular Grocery Store to Expand ATM Network
WaterStone Bank announced a new partnership with FCTI, Inc., a nationwide ATM network company, and Pick 'n Save, the largest of four grocery banners of Roundy's Supermarkets, Inc., a wholly-owned subsidiary of The Kroger Co. (NYSE: KR), to offer...
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