Belmont Savings Bank Acquired by People’s United
Less than two months after completing its purchase of Farmington Bank in Connecticut, the parent company of People’s United Bank is shopping again.
Windsor Fintech Closes Acquisition
Windsor-based fintech SS&C Technologies Holdings Inc. has closed on its acquisition of Intralinks Holdings.
Gemspring Capital Completes Acquisition of B2B Media Company
The Westport-based private equity firm Gemspring Capital will buy the assets of a B2B media company.
Alexion Pharmaceuticals Completes Acquisition
Alexion Pharmaceuticals, Inc. has completed its acquisition of Syntimmune.
Hartford Healthcare Acquiring St. Vincent’s Medical Center
Hartford HealthCare is acquiring substantially all of the assets of St. Vincent’s Medical Center, an agreement that includes a licensed 473-bed hospital, an inpatient psychiatric facility and more than 3,200 workers.
People’s United Acquisition of Farmington Bank Parent to Close Oct. 1
Stockholders of the parent company of Farmington Bank earlier this week at a special meeting approved the anticipated acquisition by People’s United Financial.
Windsor Fintech Acquires Data Company
A Windsor-based fintech has snatched up a leading financial technology provider for the global banking, deal making and capital market communities.
West Hartford-Bound Fintech Acquires Influencer Platform
Just a few weeks, West Hartford-bound Seven Stars Cloud struck a three-year, $24 billion deal with the largest full-service operator for electric buses. Shortly after that, the company announced that it is planning to change its name to Ideanomics. Now, the company has made an acquisition.
Group Comes Out in Opposition to People’s United/Farmington Deal
A nongovernmental organization focused on fairness in the financial services industry has come out against People’s United Bank’s proposed acquisition of the parent company of Farmington Bank.
Holyoke-Based PeoplesBank Moves into Connecticut with Acquisition
Holyoke-based PeoplesBank is expanding into Connecticut.
Patriot Bank Parent Completes Private Placement for Acquisition
The parent company of Stamford-based Patriot Bank has raised $10 million in a private placement offering, a portion of which will be used to acquire Hana Small Business Lending.
Finastra Acquires Malauzai
The third largest fintech company in the world has purchased a provider of mobile and internet banking solutions for community banks and credit unions.
People’s United Bank to Acquire Farmington Bank
People’s United Bank announced this morning that it will acquire the parent company of Farmington Bank in an all stock transaction valued at roughly $544 million and 180 percent tangible book value.
Nutmeg State Financial CU Acquires CUSO
Rocky Hill-based Nutmeg State Financial Credit Union has purchased a Colorado-based credit union service organization.
Citizens Bank Purchases Tennessee Mortgage Company
Citizens Bank is buying the assets of the Tennessee-based Franklin American Mortgage Co.
Greenwich Health Care Finance Company Makes Acquisition
The Greenwich-based specialty finance company CNH Finance last week announced the expansion of its national commercial health care lending capabilities with the acquisition of Portland, Oregon-based Triumph Healthcare Finance, a division of TBK Bank, SSB, which is a subsidiary of Triumph Bancorp Inc.
SS&C Technologies Holdings Acquires CACEIS North America
Windsor-based SS&C Technologies Holdings, Inc., a global provider of financial services software and software-enabled services, will acquire CACEIS North America, the Toronto- and New York-based fund administration business of CACEIS.
After Big Year, Patriot Bank Parent Acquires Small Business Lending Subsidiary
After a year of record earnings and an acquisition, Patriot Bank and its parent company are not slowing down.
Markel To Buy State National For $919M
U.S. insurer Markel Corp. said on Wednesday it would buy property and casualty insurer State National Companies Inc. for about $919 million.
Stanley Black & Decker Buying Newell Tools Unit For $1.95B
New Britain-based tool company Stanley Black & Decker Inc. is buying Newell Brands’ tools division for $1.95 billion in cash.
