Byline Bancorp to acquire Illinois State Bancorp for $87.9M
Byline Bancorp agreed to merge with Illinois State Bancorp in a cash-and-stock deal valued at about $87.9 million.
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996 deals tracked since Aug 26, 2026, worth $506B in announced deal value. Every link is free to read.
Byline Bancorp agreed to merge with Illinois State Bancorp in a cash-and-stock deal valued at about $87.9 million.
Trade Nation agreed to acquire the UK client portfolio of Stratos Markets, which trades as FXCM, with transfer expected by late November.
Malaysian e-voucher and payments firm Bradbury Capital Holdings closed its business combination with Technology & Telecommunication Acquisition Corp.
Quantum X signed a binding letter of intent to acquire 80% of UK market data provider TraderMade Systems from Currency Mountain Holdings.
Mortgage Connect purchased a majority interest in Stavvy and plans to merge it with its Simply Secure Sign eClosing business.
Heffernan acquired Maryland-based Walterry Insurance Brokers, a media and professional liability specialist.
Prosperum Fintech Holdings acquired Yellow Tunnel and is combining it with Option Hotline; terms were not disclosed.
KKR agreed to acquire Gen II Fund Services, a global leader in private capital fund administration, at a total enterprise value of $5.1 billion. The firm is buying Gen II from Hg, General Atlantic and other minority investors through its Core Private Equity strategy. CEO Steven Millner and the existing leadership team will continue to run the business.
Arthur J. Gallagher's claims subsidiary acquired Winter & Co Solicitors, a specialist maritime firm serving P&I clubs and shipowners. Terms undisclosed.
Insurance intermediary platform ANV closed its purchase of London-based Assured Underwriting Group, the UK's leading underwriter of financial protection products for tour operators, after regulatory approvals.
Carlyle-backed Hilb Group acquired a Pennsylvania property and casualty and employee benefits agency effective September 1, its latest of 200-plus deals.
TowneBank signed a definitive merger agreement to acquire Mooresville-based blueharbor bank for approximately $154 million, based on TowneBank's 10-day volume-weighted average price of $36.15 as of October 2. blueharbor had roughly $628 million in total assets, $537 million in loans, $551 million in deposits and five offices as of June 30, 2026.
Harbourfront Wealth Group acquired Galliant Advisors LP, its sixth acquisition in three years, lifting assets under administration above $23 billion.
Aspen Standard Wealth acquired Lafayette-based Cullen Investment Group, an RIA founded in 1986 with more than $1 billion in assets under management.
Hightower Naples, a Florida wealth practice overseeing about $1.1 billion in assets, joined Hightower's The Bahnsen Group and will operate under the TBG brand.
AI-native brokerage platform Gyde has acquired Atlanta-area employee benefits firm Capstone Benefits Consulting, its first deal in employee benefits and an extension beyond Medicare and individual plans.
Senators Chris Van Hollen and Elizabeth Warren urged nonbank lender OppFi to withdraw its application to acquire Arizona-based BNCCORP and its subsidiary BNC National Bank, alleging OppFi's model relies on predatory lending with APRs as high as 195%. The push follows Enova's termination of its Grasshopper Bank bid weeks earlier. OppFi pushed back on the senators' characterization of its business.
Stripe agreed to acquire Parafin, a San Francisco embedded financing company serving small businesses, marking its second acquisition in as many months. Founded in 2020, Parafin has extended $3 billion in credit to roughly 60,000 businesses in the U.S. and Canada since 2021. Stripe says SMB capital demand across its 18,000 platform partners is a revenue opportunity.
Bloomberg closed its purchase of Canoe Intelligence, an AI-powered private markets data management platform, to feed validated fund data into Bloomberg PORT Enterprise.
Randolph-Brooks Federal Credit Union closed its merger with Oklahoma City-based True Sky, creating a credit union with more than 1.1 million members and nearly $20 billion in assets.