Announced
Synopsis
Peoples Bancorp, a bank holding company, agreed to acquire Vantage Financial, a nationwide provider of equipment financing headquartered in Excelsior, Minnesota, for $75m. "We are excited to welcome Bill and his highly talented team to Peoples and look forward to Vantage continuing its impressive track record of originating high quality assets. The addition of Vantage to the Peoples suite of product offerings will allow us to build upon our recent success with our North Star Leasing acquisition, while also becoming a top 100 US leasing business based on combined assets," Chuck Sulerzyski, Peoples President and CEO.
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