Payment firm Billtrust moving to Lawrenceville, adding 200 jobs
Payment-cycle software company Billtrust is moving to Lawrenceville.
Billtrust expects to create 200 new jobs and retain 228 employees in connection with Grow New Jersey tax credits awarded by the New Jersey Economic Development Authority.
Vision...
Trading-services company hires chief operating officer
GAIN Capital Holdings Inc. has a new chief operating officer.
Alastair Hine was appointed to the position this week, and will be based in GAIN Capital's London office, reporting directly to CEO Glenn Stevens.
Headquartered in...
1st Constitution takes over N.J. Community Bank in $7.6M merger
New Jersey Community Bank will now be part of 1st Constitution Bancorp in a cash sale valued at about $7.6 million.
The merger — worth about $4 per share — was unanimously approved by both...
Rising Tide Capital honors challenge-winning companies
A Jersey City market that specializes in things from jewelry made of animal bones to taxidermy was the big winner of an annual competition by Rising Tide Capital.
The nonprofit is dedicated to transforming disadvantaged...
Spencer Savings Bank to buy Wawel Bank for $3.4M
Two New Jersey banks have merged.
Elmwood Park’s Spencer Savings Bank will acquire Garfield’s Wawel Bank in an all-cash transaction worth about $3.4 million, or $4 per publicly held share.
The agreement provides for a seamless...
Valley National Bancorp CEO to retire; successor named
Wayne-based Valley National Bancorp, parent of Valley National Bank, announced this week that CEO Gerald H. Lipkin and President Rudy E. Schupp are retiring this winter.
Lipkin, who will retire effective Dec. 31, will be...
Peapack-Gladstone finalizes deal for Quadrant
Peapack-Gladstone Financial Corp. has finished acquiring Fairfield boutique financial firm Quadrant Capital Management LLC.
Quadrant’s founders, Chairman Jeff Fisher and President Jim Kearney, will stay on in those positions.
Their employees will also stay with the...
Kearny Bank to acquire Clifton Savings Bank for $408M
The parent companies of two New Jersey banks have signed a $408 million acquisition agreement, they announced Wednesday.
Fairfield-based Kearny Financial Corp., holding company for Kearny Bank, and Clifton-based Clifton Bancorp Inc., holding company for...
U.S. execs see M&A staying steady; N.J. remains popular spot
American executives expect mergers and acquisitions activity to remain steady over the next year, as companies work through a spate of recent deals, according to a new survey from EY.
Ernst & Young LLP’s semiannual...
PHH promotes two to general counsel, corporate secretary
PHH Corp. announced two management changes that will begin the new year.
Madeline Flanagan will become senior vice president and general counsel for the company. She has served in that capacity for PHH’s mortgage subsidiary...
