M&A Deal Summary |
|
|---|---|
| Date | 2018-10-26 |
| Target | Encore Bank N.A. |
| Sector | Financial Services |
| Buyer(s) | Lake Michigan Credit Union |
| Sellers(s) | Weinberg Capital Group |
| Deal Type | Merger |
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| Category | Company |
|---|---|
| Founded | 1933 |
| Sector | Financial Services |
Lake Michigan Credit Union is a credit union in Michigan employing a staff of over 1,200. LMCU’s assets exceed $5.9 billion, with a mortgage serviced portfolio of over $10 billion and over 410,000 members. LMCU has 53 convenient branch locations overall, including ten in southwest Florida. LMCU members have access to over 55,000 AllPoint ATMs worldwide. LMCU provides a full range of financial services, from high interest-bearing checking accounts to personal loans, mortgages, investments, and commercial banking. Lake Michigan Credit Union was formed in 1933 and is based in Grand Rapids, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Financial Services) | 1 of 1 |
| Type (Merger) | 1 of 1 |
| State (Florida) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2018) | 1 of 1 |
| Category | Family Office |
|---|---|
| Founded | 2003 |
| Size | Small |
| Type | Sector Agnostic |
Weinberg Capital Group is a Midwestern US-based investment firm focused on real estate and private equity investments. Weinberg's private equity group targets control investments in lower middle-market, North American, profitable companies with $10 to $100 million of revenue. Sectors of interest include manufacturing, business services, medical and healthcare, aviation services, consumer products, and value-added distribution. Weinberg's real estate group targets opportunities in retail, multi-family, office, and industrial properties. Weinberg Capital Group was formed in 2003 and is based in Cleveland, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 9 |
| Sector (Financial Services) | 1 of 1 |
| Type (Merger) | 1 of 1 |
| State (Florida) | 2 of 2 |
| Country (United States) | 6 of 9 |
| Year (2018) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-01 |
Sill
Cleveland, Ohio, United States Sill is a licensed public insurance claims adjuster exclusively representing business and property owners nationwide for more than 90 years. Sill’s team of adjusters, appraisers, and forensic accountants specialize in managing the complex process of filing and settling building, contents, or business interruption insurance claims. Sill was founded in 1928 and is based in Cleveland, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-14 |
AeroRepair
Londonderry, New Hampshire, United States AeroRepair is an independent Maintenance, Repair, and Overhaul (MRO) platform in North America with a focus on wheels, brakes, batteries and landing gears, serving a highly attractive and diverse group of regional and mainline airlines as well as corporate fleets and narrow and wide-body aircraft. AeroRepair's sister-company, Hemico, provides Parts Manufacturer Approval engineering services, as well as Designated Engineering Representative, approved repairs. AeroRepair offers its customers complete wheel and brake management solutions including high-quality workmanship, leading turn-times, asset management, and logistics services. AeroRepair is based in Londonderry, New Hampshire. |
Sell | - |
