Financial ServicesCompany
CIT M&A Summary
CIT has acquired 3 companies, including 1 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 5 assets.
CIT’s largest acquisition to date was in 2015, when it acquired OneWest Bank for $3.4B. It’s largest disclosed sale occurred in 2010, when it sold CIT Group to Bank Of Queensland for $374M. CIT has acquired in 2 different US states. The Company’s most targeted sectors include financial services (100%).
CIT Business Overview
Where is CIT headquartered?
CIT is headquartered in New York, New York.
What is CIT’s revenue?
CIT disclosed revenue of 2,399M USD for 2020 and 2,316M USD for 2019.
How many employees does CIT have?
CIT has 4,085 employees.
What sector is CIT in?
CIT is a financial services company.
When was CIT founded?
CIT was founded in 1908.
M&A Summary
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M&A Total Activity7
- M&A Buy Activity2
- M&A Sell Activity5
- Total Sectors Invested 1
- Total Countries Invested 1
- M&A Buy/Sell Connections 6
- M&A Advisors 4
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