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Colonnade Advises SunTrust on the Sale of Premium Assignment Corp (PAC) to IPFS Corporation
ATLANTA, Dec. 4, 2017 /PRNewswire/ — SunTrust Banks, Inc. (NYSE: STI) today announced it has finalized the sale of the company’s commercial lines insurance premium finance subsidiary, Premium Assignment Corporation (PAC), to IPFS Corporation. The sale was initially announced…
Colonnade Advises Mepco Finance on its Sale to Seabury Asset Management
May, 2017 Independent Bank Corporation (Nasdaq: IBCP) completed the sale of its payment plan processing business, Mepco Finance Corporation, to Seabury Asset Management LLC (“Seabury”). Pursuant to the terms of the agreement announced in December 2016,…
Colonnade Advises US Premium Finance on its Joint Venture with Ameris Bancorp
MOULTRIE, Ga., Dec. 19, 2016 /PRNewswire/ — Ameris Bancorp (Nasdaq: ABCB) (the “Company”) announced that its wholly owned banking subsidiary, Ameris Bank, has entered into a joint venture with US Premium Finance (“USPF”) under which Ameris…
Colonnade Advises AutoAssure on its Sale to Endurance
August 2016 Colonnade Securities LLC acted as exclusive financial adviser to AutoAssure, a direct-to-consumer (“DTC”) marketer of Vehicle Service Contracts, on its sale to Endurance. The acquisition will enable Endurance to expand its DTC penetration…
Colonnade Advises Capital Z on its Acquisition of Portfolio Group
June 2016 Lake Forest, CA – Capital Z Partners Management, LLC (“Capital Z”), a New York-based private equity firm, announced today that it has acquired Portfolio Group, Inc (“Portfolio” or the “Company”) from Frontenac Company,…
