Vantage Financial Announces Strategic Sale to Peoples Bank
The Barack Ferrazzano Financial Institutions Group served as legal counsel to Vantage Financial, in its definitive merger agreement to be acquired by Peoples Bank in a stock and cash transaction valued at approximately $54 million. Vantage Financial provides mid-ticket equipment leases primarily for information technology equipment and had lease assets of approximately $147 million as of December 31, 2021. Barack Ferrazzano’s legal team was led by Joseph T. Ceithaml and Nicholas M. Brenckman.
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