JD Supra: Mergers

JANUARY 29, 2025

As we move into 2025, anticipation in the financial services industry continues to build for a revitalized mergers and acquisitions (M&A) market. By: Venable LLP

Financial Services

JD Supra: Mergers

JANUARY 10, 2025

Despite a cautious deal market and continuing economic and political uncertainty as 2024 began, Dechert remained active in the financial services M&A sector. By: Dechert LLP

Financial Services

JD Supra: Mergers

SEPTEMBER 27, 2024

Asset / Wealth Management - Current market: Consistently high M&A activity levels - We are seeing: Europe’s barbell becomes more pronounced—larger asset / wealth managers swallow smaller competitors at pace: - Larger deals remain rare (e.g., By: White & Case LLP

Financial Services

JD Supra: Mergers

MARCH 28, 2025

Join us for a new episode of Financial Services Focus, with partner Lauren Pryor, co-lead of the Financial Services Product Team, and Brad Peterson, a partner at the firms Chicago office and member of the Technology & IP Transactions practice. By: Mayer Brown

M&A

TechCrunch: M&A

OCTOBER 12, 2023

Block, the Jack Dorsey-founded fintech company previously known as Square, has acquired Hifi, a music-focused fintech startup. The company declined to share deal terms. Hifi founder and CEO Damian Manning announced the news in a LinkedIn post yesterday.

Financial Services

JD Supra: Mergers

SEPTEMBER 25, 2023

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Fintech - Whilst many European start-ups have struggled to successfully execute funding rounds at valuation levels of yesteryear, more mature fintechs have pivoted to acquisitions and partnerships to fuel growth.

M&A

JD Supra: Mergers

AUGUST 8, 2024

Below is his conversation with Gary Grote, Managing Director at Bridgepoint Investment Banking, which focuses on capital raising and M&A advisory solutions. Gary focuses on deals in the healthcare, leveraged finance, financial services, and real estate industries.

M&A

JD Supra: Mergers

JUNE 16, 2023

M&A transactions involving financial services providers—including tech-based providers or “fintechs”—raise a host of unique questions based on the types of services they provide, which are often highly regulated and may involve fiduciary or similar obligations.

M&A

JD Supra: Mergers

OCTOBER 1, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Brokers / Corporate Finance - Mid-market investment banks consolidate at the fastest rate yet—Panmure Gordon & Liberum, Redburn (Europe) & Atlantic Equities and Cenkos Securities & FinnCap Group mergers reshape the City skyline.

Corporate Finance

JD Supra: Mergers

OCTOBER 4, 2024

Governments play a pivotal role in European bank M&A: State coffers play significant roles. . - “Challenger” bank M&A catches fire: The UK grabs headlines with Coventry Building Society’s and Nationwide Building Society’s respective acquisitions of The Co‑operative Bank and Virgin Money. By: White & Case LLP

Banking

JD Supra: Mergers

SEPTEMBER 30, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Specialty Finance / Marketplace Lending - Consolidation fever grips non-bank lenders and banks alike—SME lending, revenue-based finance and PropFinance at its core. Current market: Marginal uptick in M&A activity.

Finance

JD Supra: Mergers

OCTOBER 4, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Asset/Wealth Management - Current market: Consistently high M&A activity levels - We are seeing: Europe's barbell becomes more pronounced—larger asset / wealth managers swallow smaller competitors at pace: Larger deals remain rare (e.g.,

Management

TechCrunch: M&A

AUGUST 21, 2024

Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 The acquisition, among the largest M&A deals among new-age Indian tech companies, includes Paytm’s ticketing services for movies, sports and events.

Entertainment

JD Supra: Mergers

OCTOBER 1, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Consumer Finance - Current market: Inflexion point for UK & European consumer lending - We are seeing: Significant consolidation activity: -First-movers attempt to conquer their niches (e.g.,

Finance

JD Supra: Mergers

SEPTEMBER 20, 2023

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Banks - Top 3 drivers of UK and European bank M&A in the past 12 months: - Regional & domestic consolidation across Europe: >50 domestic bank consolidations, aside from those related to the Russia/Ukraine conflict -Russia/Ukraine conflict necessitates M&A solutions: (..)

Financial Services

JD Supra: Mergers

SEPTEMBER 26, 2023

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Asset/Wealth Management - Sub-sector M&A activity levels soar—market moving deals across wealth management, financial planning, fund management, debt servicing, trust administration, direct lending and private equity funds in the last 12 months.

Management

JD Supra: Mergers

SEPTEMBER 18, 2023

Deliver a burst of bright sunlight amidst storm clouds across the European financial services M&A landscape. Service providers merge, acquire, partner and de-SPAC their way to scale, scope and new technology. By: White & Case LLP

Financial Services

JD Supra: Mergers

SEPTEMBER 20, 2023

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Consumer Finance - Europe's consumer finance decacorns stumble as their valuations crumble. By: White & Case LLP

Finance

Global Newswire by Notified: M&A

JULY 27, 2024

NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- NEW YORK, July 26, 2024 Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered.

M&A

TechCrunch: M&A

FEBRUARY 20, 2024

FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell TechCrunch.

Banking

Global Newswire by Notified: M&A

MARCH 25, 2024

March 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. With these approvals, the only pending regulatory approval required to complete the merger is the approval of the Board of Governors of the Federal Reserve System. ISELIN, N.J. and OAK RIDGE, N.J.,

Financial Services

The TRADE

JANUARY 16, 2024

In addition, Panmure Liberum would rank thirteenth overall for all UK public M&A in 2023 by number of deals, as well as possessing research coverage across more than 580 stocks across the UK and Europe. The new combined entity will have offices in Cambridge, Guernsey, Leeds, London, and New York.

Investment Banking

Global Newswire by Notified: M&A

JULY 17, 2025

By moving forward together, the combined credit union will become the credit union of choice for communities and Members/Owners across Ontario. “The Boards of both credit unions believe this merger is in the best interests of Members/Owners, employees, communities and the credit union,” says Libro Board Chair, Garrett Vanderwyst. “By

Mergers

Accenture: M&A

OCTOBER 7, 2021

In Accenture’s recent report, Merging M&A and cloud journeys, we highlight how technology “is a cornerstone of the long-term blueprint for any merger or acquisition.” That’s important to note since in the last year, the financial services industry has witnessed significant activity in M&A.

M&A

TechCrunch: M&A

JANUARY 17, 2024

ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale that caps 12 tumultuous months for the once-hot new-age lender. All rights reserved. For personal use only.

Sale

Global Newswire by Notified: M&A

JULY 1, 2024

July 01, 2024 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. NASDAQ: CVLY), the holding company for PeoplesBank, A Codorus Valley Company (“Codorus Valley”), today announced the successful completion of their previously announced merger of equals creating a premier Pennsylvania and Maryland community bank.

Financial Services

Global Newswire by Notified: M&A

JULY 25, 2024

July 25, 2024 (GLOBE NEWSWIRE) -- ChoiceOne Financial Services, Inc. NASDAQ: COFS) (“ChoiceOne”), the parent company of ChoiceOne Bank, and Fentura Financial, Inc. SPARTA, Mich. and FENTON, Mich.,

Financial Services

Global Newswire by Notified: M&A

MARCH 25, 2024

March 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. With these approvals, the only pending regulatory approval required to complete the merger is the approval of the Board of Governors of the Federal Reserve System. ISELIN, N.J. and OAK RIDGE, N.J.,

Financial Services

Global Newswire by Notified: M&A

DECEMBER 20, 2023

20, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced that the two companies have agreed to extend their merger agreement to March 31, 2024, to provide additional time to obtain the required regulatory approvals. ISELIN, N.J.

Financial Services

Global Newswire by Notified: M&A

DECEMBER 20, 2023

20, 2023 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced that the two companies have agreed to extend their merger agreement to March 31, 2024, to provide additional time to obtain the required regulatory approvals. ISELIN, N.J.

Financial Services

Global Newswire by Notified: M&A

MARCH 15, 2024

OTCQX: WAYN) ("Wayne"), the holding company of Wayne Savings Community Bank and Main Street Financial Services Corp. WOOSTER, Ohio and WHEELING, W.Va., March 15, 2024 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. OTCPK: MSWV) ("Main Street"), the holding company of Main Street Bank Corp.,

Financial Services

How2Exit

AUGUST 2, 2023

Ron rn rn rn Reconciled provides industry-leading virtual bookkeeping and accounting services for busy business owners and entrepreneurs across the US. Their team is experienced in M&A, and they hire the best talent available. Reconciled sets the standard for consistency and quality that you can count on.

Mergers and Acquisitions

Global Newswire by Notified: M&A

APRIL 11, 2024

April 11, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System (the “Federal Reserve”) for Provident and Lakeland to complete their previously announced merger.

Financial Services

Global Newswire by Notified: M&A

JUNE 17, 2024

June 17, 2024 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. SHIPPENSBURG, Pa. and YORK, Pa., Orrstown”) (NASDAQ: ORRF), the parent company of Orrstown Bank, and Codorus Valley Bancorp, Inc. The parties anticipate closing the transaction on July 1, 2024, subject to the satisfaction of customary closing conditions.

Financial Services

Global Newswire by Notified: M&A

MAY 30, 2024

May 30, 2024 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. Codorus Valley”) (NASDAQ: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, today announced that they each received shareholder approval for the previously announced merger of equals. SHIPPENSBURG, Pa. and YORK, Pa.,

Financial Services

Global Newswire by Notified: M&A

MAY 30, 2024

May 30, 2024 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. Codorus Valley”) (NASDAQ: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, today announced that they each received shareholder approval for the previously announced merger of equals. SHIPPENSBURG, Pa. and YORK, Pa.,

Financial Services

Global Newswire by Notified: M&A

JUNE 17, 2024

June 17, 2024 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. SHIPPENSBURG, Pa. and YORK, Pa., Orrstown”) (NASDAQ: ORRF), the parent company of Orrstown Bank, and Codorus Valley Bancorp, Inc. The parties anticipate closing the transaction on July 1, 2024, subject to the satisfaction of customary closing conditions.

Financial Services