PE-backed CPI Card Group sets IPO pricing terms

By Iris Dorbian — 5 months ago

Littleton, Colorado-based CPI Card Group, a provider of financial, commercial and ID cards, has priced its IPO of over 17.6 million shares at between $16 and $18 per share. BMO Capital Markets, Goldman Sachs and CIBC are serving as the lead underwriters. CPI Card Group is backed by Tricor Pacific Capital.


Dynamics closes $70 mln Series C funding round

By Chris Witkowsky — 1 year ago

Pittsburgh-based Dynamics Inc., which provides interactive payment cards and systems, has closed a $70 million Series C funding round. New investors MasterCard and CIBC were joined by existing backers Bain Capital Ventures and Adams Capital Management. The funding from MasterCard is part of a larger expanded business partnership between the two companies to provide consumers with choice, flexibility and security when using payment cards.


CIBC Invests in StoneCastle Partners

By Luisa Beltran — 3 years ago

Canadian Imperial Bank of Commerce has made a minority investment in StoneCastle Partners. Financial terms weren’t disclosed. Charlesbank Capital Partners also holds a minority stake in StoneCastle. New York-based StoneCastle is an asset management and financial services company that invests in banks. PRESS RELEASE Canadian Imperial Bank of Commerce (“CIBC”, TSE: CM | NYSE: CM) has […]


CIBC to Acquire Advisory Firm Griffis & Small

By Connie Loizos — 3 years ago

CIBC, one of Canada’s largest banks, announced today that it has reached an agreement to acquire Griffis & Small, a Houston-based energy advisory firm specializing in acquisitions and divestitures (A&D) in the exploration and production (E&P) sector. Terms were not disclosed PRESS RELEASE: CIBC announced today that it has reached an agreement to acquire Griffis […]