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Colonnade advises First Bank on its sale of Universal Premium Acceptance Corporation to Premium Financing Specialists
In December 2009, First Bank of Clayton, Missouri completed the sale of its insurance premium finance subsidiary, Universal Premium Acceptance Corporation (“UPAC”), to Premium Financing Specialists, Inc. (“PFS”) of Kansas City, Missouri. Terms of the…
Colonnade advises Webster Financial on its sale of Budget Installment Corporation to Texas Capital Bancshares, Inc.
In November 2009, Webster Financial Corporation (NYSE: WBS) of Waterbury, Connecticut completed the sale of its insurance premium finance subsidiary, Budget Installment Corporation, to Texas Capital Bancshares, Inc. (NASDAQ: TCBI) of Dallas, Texas. Terms of…
Colonnade Advises Aon on its Sale of Cananwill’s European Businesses to Macquarie Group
In July 2009, Aon Corporation (NYSE: AOC) of Chicago, Illinois completed the sale of the British and Irish businesses of its insurance premium finance subsidiary Cananwill, Inc. to Macquarie Group (ASX: MQG) of Sydney, Australia….
Colonnade Advises Aon on its Sale of Cananwill’s Canadian Business to Macquarie Group
In July 2009, Aon Corporation (NYSE: AOC) of Chicago, Illinois completed the sale of the Canadian business of its insurance premium finance subsidiary Cananwill, Inc. to Macquarie Group (ASX: MQG) of Sydney, Australia. Terms of…
Colonnade Advises Aon on its Sale of Cananwill–Australia to Allianz Group
In July 2009, Aon Corporation (NYSE: AOC) of Chicago, Illinois completed the sale of the Australian business of its insurance premium finance subsidiary Cananwill, Inc. to Allianz Group (ETR: ALV) of Munich, Germany. Terms of…