Regions Bank Acquires Ascentium Capital

Regions Bank Acquires EnerBank USA

October 1, 2021

Financial Services

Regions Bank (a subsidiary of Regions Financial Corporation) has completed its acquisition of Salt Lake City-based home improvement lender EnerBank USA from CMS Energy Corporation. EnerBank — a specialized point-of-sale lender serving homeowners and contractors with digital and contractor-delivered lending solutions and roughly 485 employees — will join Regions' Consumer Banking Group and continue operating from Salt Lake City as it transitions into the Regions brand.

Regions Bank Acquires Sabal Capital Partners

December 2, 2021

Financial Services

Regions Bank completed the acquisition of the lending and servicing segments of Sabal Capital Partners, integrating Sabal into its Real Estate Capital Markets division to expand agency multifamily and non‑agency lending and servicing capabilities. The deal excludes Sabal's investment management business, which remains with sellers including CEO Pat Jackson and funds managed by Stone Point Capital LLC.

Anser Advisory Acquires Ascent

September 2, 2020

Engineering Services

Anser Advisory, a portfolio company of RTC Partners, has acquired Ascent, a 30-employee capital program delivery and project management consultancy headquartered in Chicago, Illinois. The acquisition expands Anser's capabilities and geographic coverage across healthcare, transportation and education markets and brings Ascent's program controls and finance consulting expertise into Anser's national platform.

ACS Group Acquires The Ascent Services Group

December 1, 2019

Staffing & HR

ACS Group (formerly American Cybersystems) acquired The Ascent Services Group, a national IT and life sciences consulting and staffing firm, in a transaction that closed in December 2019. The acquisition — from Ascent's financial sponsor Sycamore Hill Capital Partners — expands ACS Group's geographic footprint and strengthens its IT and life-sciences staffing capabilities as ACS pushes toward the $1 billion revenue milestone.

Atlas Merchant Capital-Led Group Acquires ~25% Stake in Ascensus

February 19, 2019

Financial Services

A group of new investors led by Atlas Merchant Capital LLC, including GIC, will acquire just under 25% of Ascensus from existing owners Genstar Capital and Aquiline Capital Partners. The minority investment is a growth-capital/secondary transaction to support Ascensus' continued growth and provide liquidity to existing sponsors; terms were not disclosed and the deal was expected to close in Q1 2019.

Edgewater Equity Partners Acquires Ascent Technologies

January 18, 2024

Cloud & SaaS

Edgewater Equity Partners, a Boston-based private equity firm, has acquired Ascent Technologies, a Chicago-headquartered provider of AI-enabled compliance automation for financial services. The acquisition will support accelerated development of Ascent's regulatory compliance platform and expansion of its AI-driven capabilities for financial institutions.