Recent Transactions
AMI Industries’ Fuel & Brake Business has been Acquired by Cooper Standard
AMI Industries’ Fuel & Brake Business has been Acquired by Cooper Standard THE TRANSACTION In August 2016, AMI Industries’ North American fuel & brake business was acquired by Cooper Standard. Concurrently, AMI Industries agreed to sell its China fuel & brake business to Cooper Standard, subject to regulatory approval. Our Client AMI INDUSTRIES, INC. AMI…
Read MoreWest Michigan Bank & Trust has been acquired by West Shore Bank
West Michigan Bank & Trust has been acquired by West Shore Bank THE TRANSACTION On April 14, 2016 West Michigan Bank & Trust (“WMBT”) and West Shore Bank (“WSB”) jointly announced the signing of a definitive consolidation agreement, pursuant to which WMBT will be consolidated with and into WSB, with WSB as the surviving institution.…
Read MoreFirst Citizens Financial Corporation has Completed a $10.0 million Offering of Common Stock Through a Private Placement
First Citizens Financial Corporation has Completed a $10.0 million Offering of Common Stock Through a Private Placement THE TRANSACTION On October 13, 2012, Foothills was issued a Consent Order by the FDIC and State of Georgia Department of Banking and Finance, ordering it to raise its Tier One Leverage Ratio to 8.0% and its Total…
Read MoreAFX Industries, LLC has been acquired by Exco Technologies Limited
AFX Industries, LLC has been acquired by Exco Technologies Limited THE TRANSACTION In April 2016, AFX was acquired by Exco. The transaction provides Exco with new capabilities, and expands its customer and supplier relationships. Our Client AFX INDUSTRIES, LLC AFX Industries, LLC (“AFX” or the “Company”) was founded in 1998 and is based in Port…
Read MoreVi-Chem has been acquired by Americhem
Vi-Chem has been acquired by Americhem THE TRANSACTION In March 2016, Vi-Chem was acquired by Americhem. The transaction broadens Americhem’s product portfolio through Vi-Chem’s extensive knowledge and experience in TPEs and PVC compounds. DPP acted as the exclusive investment banking advisor to Vi-Chem and Varnum LLP served as legal advisor to Vi-Chem. Our Client VI-CHEM…
Read MoreNorthern Michigan Bank & Trust has been acquired by First Bancshares Corporation
Northern Michigan Bank & Trust has been acquired by First Bancshares Corporation THE TRANSACTION On November 12, 2015, First Bancshares Corporation (“FBC”) and Northern Michigan Corporation (“Northern”) announced the execution of a definitive agreement, whereby Northern Michigan Bank & Trust (“NMB&T”) would be acquired from Northern by FBC in an all-cash transaction. On March 4,…
Read MoreMillennium Industries Corporation has been acquired by TI Automotive
Millennium Industries Corporation has been acquired by TI Automotive THE TRANSACTION In February 2016, Millennium was acquired by TI Automotive. The transaction strengthens TI’s powertrain product portfolio, its technical resources and manufacturing capabilities. DPP acted as the exclusive investment banking advisor to Millennium. Our Client MILLENNIUM INDUSTRIES CORPORATION Millennium Industries Corporation (“Millennium” or the “Company”)…
Read MoreCooper-Standard Rockford has been acquired by an affiliate of Flex-N-Gate
Cooper-Standard Rockford has been acquired by an affiliate of Flex-N-Gate THE TRANSACTION In December 2015, Rockford was acquired by an affiliate of Flex-N-Gate. The transaction supplements Flex-N-Gate’s exterior trim product line and provides unique hardcoat capabilities. DPP acted as the exclusive investment banking advisor to Cooper-Standard. Our Client COOPER-STANDARD ROCKFORD INC. Cooper-Standard Rockford Inc. (“Rockford”…
Read MoreCentral Bank has been acquired by First State Bancshares, Inc.
Central Bank has been acquired by First State Bancshares, Inc. THE TRANSACTION On July 9, 2015, First State Bancshares, Inc. (“FSB”) and Central Shares, Inc. (“CSI”) announced the execution of a definitive agreement, whereby CSI’s subsidiary, Central Bank (“Central”) would be acquired from CSI by FSB in an all-cash transaction. Central Bank’s five offices added…
Read MoreFranklin Bancshares, Inc. has been acquired by Galva Investment, Inc.
Franklin Bancshares, Inc. has been acquired by Galva Investment, Inc. THE TRANSACTION Galva Investment, Inc. (“Galva”), the parent company of Community State Bank, of Galva, Illinois has acquired Franklin Bancorp, Inc. and its wholly-owned subsidiary, Franklin Bank, of Franklin, Illinois (collectively “Franklin”). Financial terms of the transaction were not disclosed. Franklin Bank, with total assets…
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