RJF - Mergers and acquisitions

New York, NY, May 12, 2026 (GLOBE NEWSWIRE) -- South Street Securities Holdings Inc. ("South Street") today announced that it acquired 100% of the outstanding equity in Lime Funding, LLC ("Lime Funding") on February 28, 2026. Lime Funding is an asset‑backed commercial paper ("ABCP") conduit designed to make loans to corporate and other institutional borrowers, with funding provided through the issuance of ABCP to investors. The commercial paper program is supported by Sumitomo Mitsui Trust Bank, Limited ("SuMi TRUST"), as the administrative agent and liquidity provider while GreensLedge Advisors LLC ("GreensLedge") serves as the sub-administrator responsible for overseeing the commerci

First Northern Advisors, a division of First Northern Bank, is pleased to announce the acquisition of Beacon Wealth Strategies, a well-respected independent financial advisory firm owned and operated by Tom Cicchini. This acquisition ensures the continued delivery of personalized wealth management services to Beacon Wealth Strategies' clients while strengthening First Northern Bank's wealth management platform through increased assets under management. As part of this transition, Cicchini, the founder of Beacon Wealth Strategies, will join First Northern Advisors and work closely with clients and staff ahead of his planned retirement on June 30, 2026. During this transition period, client

Raymond James is deepening its capital markets capabilities through the acquisition of a majority stake in GreensLedge Holdings LLC, a boutique investment bank known for its leadership in structured credit and securitization. Founded in 2008, GreensLedge has built a reputation for excellence combining strategic advisory services with arranging CLOs, CDOs, Rated Feeders, CFOs, ABS and debt offerings. The acquisition formalizes a longstanding relationship between the two firms, built on mutual respect, shared values and a commitment to client success. Raymond James will acquire a majority ownership stake, while Sumitomo Mitsui Trust Group, Inc., a trusted GreensLedge partner, will retain a