Colonnade Advises Sumitomo Corp. of America on its Sale of Broadway Premium Funding Corp. to Wintrust Financial
November 1, 2007
LAKE FOREST, Ill., Nov. 1 /PRNewswire-FirstCall/ -- Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) today announced the completion of its previously announced acquisition of 100% of the ownership interest of Broadway Premium Funding Corporation (“Broadway”) from Sumitomo Corporation of America. Since 1999, Broadway has been providing financing for commercial property and casualty insurance premiums, mainly through insurance agents and brokers in the northeastern portion of the United States and California.
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Colonnade Advises Gamber-Johnson on its Sale to
Leggett & Platt
March 6, 2007
Leggett & Platt Commercial Vehicle Products Group Acquires Gamber-Johnson
CARTHAGE, MO - 03/06/07- Leggett & Platt (NYSE: LEG) has acquired Gamber-Johnson, LLC, a leading assembler of rugged docking stations and vehicle mounts. Gamber-Johnson will further diversify Leggett’s commercial vehicle products business.
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Colonnade Advises GMAC on Sale of EFD to Prudential
February 28, 2007
GMAC Commercial Finance Sells Equipment Finance Portfolio to Prudential Capital Group
GMAC Commercial Finance LLC (GMAC CF), a wholly-owned subsidiary of GMAC Financial Services, announced today that it completed the cash sale of $607 million of its equipment finance portfolio to Prudential Capital Group, an investment business of Prudential Financial, Inc., (NYSE: PRU). Colonnade Advisors LLC of Chicago, IL served as exclusive financial advisor to GMAC CF in the transaction.
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Colonnade Advises PFS on its Completed Acquisition of Mepco’s Premium Finance Business from Independent
Bank Corporation
January 16, 2007
Independent Bank Corporation (Nasdaq: IBCP), a Michigan-based bank holding company (“IBC” or the “Company”), reported that its subsidiary, Mepco Insurance Premium Financing, Inc. (“Mepco”), has closed the transaction to sell substantially all of its assets related to the insurance premium finance business to Premium Financing Specialists, Inc. (“PFS”). Mepco will continue to own and operate its warranty payment plan business.
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