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Colonnade Advises UPAC on its Sale to First Banks
May 2006 First Banks, Inc. (“First Banks”) has completed the acquisition of Universal Premium Acceptance Corporation and its affiliates (“UPAC”). UPAC is an insurance premium finance company headquartered in Lenexa, KS, specializing in providing short-term…
Colonnade advises Westburg Media Capital on its sale to Wells Fargo Foothill
In August 2004, Wells Fargo Foothill, a division of Wells Fargo & Company (NYSE: WFC), acquired the loan portfolio of Westburg Media Capital of Spokane, Washington. As part of the transaction, Wells Fargo hired most…
Colonnade advises Mepco Insurance Premium Finance on its sale to Independent Bank Corporation
In April 2003, Independent Bank Corporation (NASDAQ:IBCP), acquired Mepco Insurance Premium Financing, Inc. (“Mepco”) of Chicago, Illinois. Mepco’s senior management team will continue to lead and operate the business after the closing of the transaction….
Colonnade advises Engineering Animation on its sale to Unigraphics Solutions
In October 2001, Unigraphics Solutions (NYSE:UGS) acquired Engineering Animation (NASDAQ:EAII) for $13.75 a share cash. The total purchase price is $205 million. The acquisition price is a 24.3% premium to EAI’s last closing price and…
