Expro announces acquisition of PRT offshore
Expro, a leading provider of energy services, announced it had entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire offshore services provider, PRT Offshore. Total consideration to be paid at closing is approximately $106 million, including $62 million of cash and $44 million of newly issued Expro shares. […]
Xcel Energy welcomes Timothy Welsh to Board of Directors
Xcel Energy announced yesterday that Timothy Welsh has been elected to the company’s board of directors, effective immediately. Welsh, who currently serves as vice chair for U.S. Bancorp’s Consumer and Business Banking, is an accomplished business and community leader with decades of experience in a variety of diverse fields, including financial services, customer experience, workforce […]
Insigneo to acquire PNC’s Latin American Brokerage and Investment Operations
Insigneo, a global wealth management firm, announced that Insigneo Securities, LLC and Insigneo Advisory Services, LLC have entered into a definitive agreement to acquire the Latin American consumer brokerage and investment accounts of PNC Investments, PNC Managed Account Solutions, and PNC Bank. PNC will retain the deposit and loan accounts of customers with brokerage assets […]
Wedbush Securities appoints Jeff Smits as VP of investments
Wedbush Securities, a diversified, independent financial services providers, announced the appointment of Jeff Smits, CRPC® as Vice President of Investments in the firm’s Newport Beach office. In his role, Smits will be reporting to Doug Ireland, Senior Vice President, Market Manager covering the Newport Beach, San Diego, Scottsdale, and Honolulu offices of Wedbush. With 17 years […]
D.A. Davidson welcomes Dan Fiandaca to the firm’s leadership
D.A. Davidson & Co. announced that it has further strengthened its Fixed Income Capital Markets group with the addition of Dan Fiandaca, managing director, Brokered CD Underwriting. Fiandaca joins Nathan Wiley and Chris Lenihan on D.A. Davidson’s existing CD underwriting desk and will lead the team from the firm’s New York City office. Brokered CD underwriting […]
Wedbush Securities appoints Craig Pirtle to a leadership role
Wedbush Securities, an independent financial services providers, announced that it has hired Craig Pirtle as Senior Vice President, Head of Business Development and Expansion Markets. Based out of the firm’s New York office, Craig joins Wedbush’s Wealth Management division to advance the firm’s growth strategy and augment its internal and external development. With over 25 […]
Tookitaki launches CaaS solution, a self-service AML solution on the cloud
Tookitaki, a trusted leader in the anti-money laundering space, announced the launch of its Compliance-as-a–Service (CaaS) solution for small and mid-size financial institutions globally. This innovative SaaS offering, optimised for cost and efficiency, gives financial institutions (FIs) access to Tookitaki’s flagship compliance solution – the Anti Money Laundering Suite (AMLS) on a secure, self-service platform. Tookitaki’s AMLS is trusted […]
India commits USD 2Mln as new partner in ADFI Facility
The Indian government will contribute $2 million to the Africa Digital Financial Inclusion Facility (ADFI), housed and managed by the African Development Bank, affirming its commitment to help break down barriers to the growth and uptake of digital financial solutions and accelerate financial inclusion in Africa. Globally recognised for the success of its digital public […]
Oconee Financial Corporation acquires Elberton Federal Savings & Loan Association
Oconee Financial Corporation announced yesterday it has completed its acquisition of Elberton Federal Savings & Loan Association (“Elberton Federal”) of Elberton, GA, and its related common stock offering, in a conversion merger transaction, effective July 31, 2023. As a result of the conversion merger, Elberton Federal converted from a mutual savings association to a stock savings association […]
One Rock Capital partners acquires Constantia Flexibles from Wendel
One Rock Capital Partners, LLC today announced one of its affiliates has entered into a definitive agreement to acquire Constantia Flexibles (“Constantia” or the “Company”), a leading global packaging manufacturer, from Wendel, one of Europe’s leading listed investment firms. Constantia is the partner of choice for flexible packaging to more than 4,000 pharmaceutical, food and consumer goods customers. […]
