Franklin BSP Realty Trust Acquires Capstead Mortgage Corporation

Franklin BSP Realty Trust Acquires NewPoint Holdings JV L.L.C.

July 1, 2025

Financial Services

Franklin BSP Realty Trust, Inc. (FBRT) has closed its acquisition of NewPoint Holdings JV L.L.C. (NewPoint) for $425 million. The deal expands FBRT's multifamily and agency lending capabilities, adding NewPoint's commercial real estate lending platform to FBRT's debt origination and servicing business.

CAPTRUST Acquires $5 Billion Boston Financial Management

November 29, 2024

Wealth Management

CAPTRUST Financial Advisors has acquired Boston Financial Management, adding nearly $5 billion of client assets and 45 colleagues across Boston, Cape Cod (Massachusetts) and Portland (Maine). As part of the transaction BFM founder Richard H. Morse will retire; Berkshire Global Advisors served as BFM's financial advisor.

Franklin BSP BDCs Acquire Encina Equipment Finance

January 5, 2022

Financial Services

Franklin BSP Lending Corporation and Franklin BSP Capital Corporation, BDCs advised by Benefit Street Partners, acquired substantially all equity interests of Encina Equipment Finance, LLC. Encina will remain headquartered in Westport, Connecticut with management, including CEO Rick Matte, continuing to lead the business and retaining a minority stake; the acquisition provides a permanent capital base to support growth of Encina's equipment finance platform across the U.S. and Canada.

Community National Bank & Trust of Texas Acquires CapTex Bank

July 6, 2025

Financial Services

Community National Bank & Trust of Texas (CNB&T) completed the acquisition of CapTex Bank, adding five branches in Fort Worth, Bonham, Leonard, Melissa and Trenton and expanding CNB&T's Texas footprint to 18 branches. The deal increases CNB&T's assets to approximately $1.7 billion, broadens its retail and commercial banking capabilities (including wealth management and mortgage origination), and was supported by SRM Corp as strategic advisor.

Bridge Investment Group Acquires 60% of Gorelick Brothers Capital and Recapitalizes SFR Portfolio

January 31, 2022

Real Estate

Bridge Investment Group Holdings Inc. acquired a 60% stake in Charlotte-based Gorelick Brothers Capital, LLC and its asset & property management business for $50 million, funded with approximately 50% cash and 50% units. Concurrently, Bridge-sponsored fund vehicles completed a $660 million recapitalization of the single-family rental (SFR) portfolio of more than 2,700 homes across 14 U.S. markets; the GBC team has joined Bridge to launch an SFR strategy on Bridge's platform.

Bradley, Foster & Sargent Merges with Napatree Capital

April 17, 2025

Wealth Management

Bradley, Foster & Sargent (BFS) has completed a merger with Napatree Capital, bringing Napatree’s approximately $350 million in assets under management into BFS’s platform (BFS manages roughly $8 billion AUM). The Napatree team will join BFS and retain offices in Westerly, Rhode Island and Longmeadow, Massachusetts as BFS expands its presence and advisory capabilities in Southern New England.