Marathon Asset Management and Webster Bank Provide Senior Secured Financing for Littlejohn's Acquisition of Sunbelt Modular [Yahoo! Finance]
Webster Financial Corporation (WBS)
Last webster financial corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
assets under management, and Webster Bank, N.A. ("Webster Bank"), a leading commercial bank in the Northeast with $79 billion in total assets, are pleased to announce the closing of a senior-secured financing agreement for Sunbelt Modular, Inc. ("Sunbelt" or the "Company") to support its acquisition by funds advised by Littlejohn & Co., LLC ("Littlejohn"). Sunbelt is a leading designer and manufacturer of modular building solutions. Founded over 45 years ago, Sunbelt provides a robust suite of highly engineered structures for custom and fleet applications that serve a diverse set of commercial end markets. The Company will continue to be led by CEO Ron Procunier, an executive with more than 35 years of experience in the modular industry, supported by a team of 1,300-plus employees. "Sunbelt's in-house technical expertise, comprehensive product offering, and nationwide footprint uniquely position the Company to capitalize on favorable industry trends and deliver a superior value pr
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WBS
News
- Webster Lowers Prime Lending Rate to 7.50 PercentBusiness Wire
- Webster Financial Co. (NYSE: WBS) is now covered by analysts at UBS Group AG. They set a "buy" rating on the stock.MarketBeat
- Webster Financial (NYSE:WBS) Eyes Growth in Health Savings Accounts Amid CRE Challenges and Shareholder Returns [Yahoo! Finance]Yahoo! Finance
- Webster Financial Co. (NYSE: WBS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Institutional owners may ignore Webster Financial Corporation's (NYSE:WBS) recent US$372m market cap decline as longer-term profits stay in the green [Yahoo! Finance]Yahoo! Finance
WBS
Earnings
- 10/17/24 - Miss
WBS
Sec Filings
- 12/3/24 - Form 4
- 11/29/24 - Form 144
- 11/27/24 - Form 4
- WBS's page on the SEC website