Accord Financial Sells 60% Interest in BondIt Media Capital

Capital Bancorp Acquires Integrated Financial Holdings in $66 Million Deal

March 29, 2024

Financial Services

Capital Bancorp will acquire Integrated Financial Holdings in a cash-and-stock merger agreement valued at $66 million. The deal is expected to expand Capital Bancorp’s nationwide government-guaranteed lending capabilities across USDA and SBA programs.

Ambac Financial Group Acquires 60% Stake in Beat Capital Partners for $282M

June 6, 2024

Insurance

Ambac Financial Group has agreed to acquire a 60% controlling interest in London-based Beat Capital Partners for approximately $282 million, with up to $40 million payable in Ambac stock and the remainder in cash. Bain Capital and Beat's management will each retain about 20% ownership; the deal strengthens Ambac's specialty property & casualty underwriting and MGA incubation capabilities and is expected to close in Q3 2024 subject to regulatory approvals.

Charlesbank and Motive Partners Make Majority Growth Investment in Accordion

September 8, 2022

Consulting

Charlesbank Capital Partners and Motive Partners have completed a majority growth investment in Accordion, a New York–based financial and technology consulting firm focused on the Office of the CFO. FFL Partners exited its investment after a nearly four-year partnership that helped Accordion scale through hires and three strategic acquisitions; financial terms were not disclosed.

First Financial Bancorp to Acquire BankFinancial Corporation

January 1, 2026

Financial Services

First Financial Bancorp agreed to acquire Chicago-based BankFinancial Corporation in an all-stock transaction valued at approximately $142 million. The deal is intended to expand First Financial’s presence in the Chicago market, adding 18 financial centers and BankFinancial’s consumer, trust/wealth management, and selected commercial lending capabilities.

MCAP Inc. Acquires QwickBonds from Monroe Financial Partners / QwickRate

February 2, 2023

Financial Services

MCAP Inc. acquired the QwickBonds trading platform from Monroe Financial Partners, Inc. and its affiliate QwickRate, LLC. The deal adds a fixed-income trading marketplace and related application software to MCAP’s fintech product suite, expanding its capabilities and distribution to community banks, credit unions and institutional investors.

Mutual Capital Group / Mutual Capital Holdings Acquires ICC Holdings, Inc. for $73.8M

March 13, 2025

Insurance

Mutual Capital Holdings, a subsidiary of Mutual Capital Group, has closed its all-cash merger to acquire ICC Holdings, Inc., the parent of Illinois Casualty Company, for approximately $73.8 million. ICC Holdings will operate as an independent subsidiary under Mutual Capital, with Arron K. Sutherland remaining as President and CEO.