Home > M&A deals 2016 > Radius Bancorp, Inc. acquires Radius Equipment Finance
Divestiture · Financial Services · December 2016

Radius Bancorp, Inc. acquires Radius Equipment Finance

On December 2, 2016, Radius Bancorp, Inc. acquired Radius Equipment Finance, a financial services company in Massachusetts, United States, from NewStar Financial, Inc.

Deal at a glance

AnnouncedDecember 2, 2016 TypeDivestiture TargetRadius Equipment Finance Buyer Radius Bancorp, Inc. Seller NewStar Financial, Inc. SectorFinancial Services LocationMassachusetts, United States ValueNot disclosed

Target company

Radius Equipment Finance
Massachusetts, United States
Financial Servicessector
-founded
Activestatus
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Buyer

Radius Bancorp, Inc.
Company · 1 deal on record
  • 1st transaction in financial services
  • 1st transaction in United States
1deals, all time
1in this sector
2016latest

Seller

NewStar Financial, Inc.
Company · 8 deals on record
8investments
2in this sector
3exits

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Questions about this deal

Who acquired Radius Equipment Finance?Radius Bancorp, Inc. acquired Radius Equipment Finance on December 2, 2016.

Who sold Radius Equipment Finance?NewStar Financial, Inc. was the seller.

What type of deal was it?It was a divestiture in the financial services sector in 2016.

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