Financial Services Acquisitions in Vermont

Fiduciary Services Group (FSG) has acquired Future Planning Associates, Inc. (FPA), a Vermont-based third-party administrator and recordkeeper, and will integrate the business into DWC, FSG’s national TPA platform. The acquisition strengthens FSG’s New England footprint, adds recordkeeping capability, and addresses FPA’s upcoming technology transition by leveraging PCS Retirement’s modernization experience.

AMF Holdings, LLC completed a management buyout of US Aircraft Finance, LLC, a national specialist in light aircraft lending and loan servicing. The transaction transfers ownership from the company's shareholders (following the recent passing of founder David Savoie) to AMF Holdings, which will continue USAF's aircraft lending and servicing operations from Richmond, Vermont.

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 has acquired the assets of North Star Leasing of Burlington, Vermont from Copley Equity Partners and North Star management. The acquisition brings equipment leasing capabilities and a 42-person originations platform to Peoples Bank to support growth in commercial equipment financing across multiple end markets.