Announced
Completed
Financials
Tags
Private
Acquisition
Single Bidder
equipment financing
United States
Friendly
Leasing
Majority
Domestic
Completed
Synopsis
First Financial, a regional bank headquartered in Cincinnati, completed the acquisition of Summit Funding Group, the fourth largest independent equipment financing platform in the United States, for $121m. "We are excited about the opportunity to provide our clients with additional services through Summit's extensive leasing capabilities, and we look forward to the growth potential that is created through this acquisition," Archie Brown First Financial President and CEO.
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