M&A Deal Summary

CNH Finance Acquires Triumph Healthcare Finance

On March 19, 2018, CNH Finance acquired financial services company Triumph Healthcare Finance from TBK BANK SSB

Acquisition Highlights
  • This is CNH Finance’s 1st transaction in the Financial Services sector.
  • This is CNH Finance’s 1st transaction in the United States.
  • This is CNH Finance’s 1st transaction in Oregon.

M&A Deal Summary

Date 2018-03-19
Target Triumph Healthcare Finance
Sector Financial Services
Buyer(s) CNH Finance
Sellers(s) TBK BANK SSB
Deal Type Divestiture

Target

Triumph Healthcare Finance

Portland, Oregon, United States
Triumph Healthcare Finance is a provider of financial services. Triumph Healthcare Finance is based in Portland, Oregon.

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Buyer(S) 1

Buyer

CNH Finance

New Canaan, Connecticut, United States

Category Company
Founded 2015
Sector Financial Services
DESCRIPTION

CNH Finance offers a Bridge loan real estate product for our skilled nursing facility clients. CNH Finance serves companies in a variety of industries, from healthcare to retail and business services to food and beverages. CNH Finance was founded in 2015 and is based in New Canaan, Connecticut.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1

Seller(S) 1

SELLER

TBK BANK SSB

Dallas, Texas, United States

Category Company
Founded 1981
Sector Financial Services
DESCRIPTION

TBK BANK, SSB is a provider of consumer and commercial banking products from 18 branches throughout Eastern Iowa and Illinois and 32 branches throughout Colorado and Western Kansas. TBK Bank also offers deposit products through its Dallas branch. TBK BANK was founded in 1981 and is based in Dallas, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1