Peoples Bank Acquires North Star Leasing from Copley Equity Partners and Management

Copley Equity Partners Completes Majority Investment in North Star Leasing

March 31, 2021

Financial Services

Copley Equity Partners has completed a majority investment in North Star Leasing, a Burlington, Vermont-based provider of equipment financing solutions. North Star Leasing CEO Daniel Feeney will remain in place; financial terms were not disclosed and Copley will be represented on the board to support the company's aggressive growth and consolidation strategy in the micro-ticket leasing market.

Peoples Bank (Peoples Bancorp) Acquires Vantage Financial

February 16, 2022

Financial Services

Peoples Bank, a wholly owned subsidiary of Peoples Bancorp Inc., acquired Vantage Financial for $54 million in cash and agreed to repay approximately $21 million of Vantage recourse debt; the deal closed in March 2022. Vantage will continue to operate under its name as a subsidiary, with the majority of its leadership staying in place while co-founder Bob Murphy retires.

Penske Truck Leasing Acquires Star Truck Rentals, Inc.

April 26, 2023

Trucking & Fleet

Penske Truck Leasing agreed to acquire Star Truck Rentals, Inc., a Michigan-based transportation services company that offers full-service leasing, commercial truck rental, contract maintenance and used truck sales. The acquisition adds Star’s ~1,900 vehicles and 18 locations across Michigan and Indiana to Penske’s network; financial terms were not disclosed and the transaction was expected to close in Q2 2023 subject to customary approvals.

I Squared Capital Acquires Star Leasing Company

March 24, 2021

Logistics & Distribution

I Squared Capital, through its ISQ Global Infrastructure Fund II, has acquired Star Leasing Company, a Columbus, Ohio-based trailer lessor with a fleet of approximately 19,000 trailers and about 300 employees. The acquisition creates a U.S. semi-trailer platform for I Squared, enabling geographic expansion, enhanced service offerings (rentals, leasing, maintenance, sales, and breakdown services), and opportunities for bolt-on acquisitions.

Keweenaw Financial Corp (Superior National Bank) Acquires North Star Financial Holdings and Main Street Bank

February 20, 2020

Financial Services

Keweenaw Financial Corp., parent of Superior National Bank and Trust, completed the acquisition of North Star Financial Holdings, Inc. and its subsidiary Main Street Bank on February 4, 2020, in an all-cash transaction in which North Star shareholders received $42 million. The deal expands Superior National's geographic footprint into Southeast Michigan, increases overall assets and lending capacity, and broadens product offerings including mortgage capabilities.

CoStar Group Acquires Visual Lease

November 6, 2024

Cloud & SaaS

CoStar Group has completed its acquisition of Visual Lease, a lease administration and accounting SaaS platform. The deal enhances CoStar's Real Estate Manager business by integrating Visual Lease's lease management, accounting, and ESG capabilities to expand product functionality for mid‑market and enterprise customers.