Financial ServicesCompany
Bank of America M&A Summary
Bank of America has acquired 12 companies, including 1 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 16 assets.
Bank of America’s largest acquisition to date was in 2008, when it acquired Merrill Lynch Wealth Management for $50.0B. It’s largest disclosed sale occurred in 2009, when it sold Columbia Management Investment Advisers to Ameriprise Financial for $1.0B. Bank of America has acquired in 8 different US states, and 2 countries. The Company’s most targeted sectors include financial services (75%) and information technology (17%).
Bank of America Business Overview
Where is Bank of America headquartered?
Bank of America is headquartered in Charlotte, North Carolina.
What is Bank of America’s revenue?
Bank of America disclosed revenue of 94,950M USD for 2022 and 89,113M USD for 2021.
How many employees does Bank of America have?
Bank of America has 217,000 employees.
What sector is Bank of America in?
Bank of America is a financial services company.
When was Bank of America founded?
Bank of America was founded in 1784.
M&A Summary
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M&A Total Activity28
- M&A Buy Activity12
- M&A Sell Activity16
- Total Sectors Invested 3
- Total Countries Invested 2
- M&A Buy/Sell Connections 21
- M&A Advisors 5
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