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%).
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