Discover - M&A Summary, Ownership, and Business Overview

Financial ServicesCompany

Discover M&A Summary

Discover has acquired 5 companies of its own.

Discover’s largest acquisition to date was in 2010, when it acquired The Student Loan for $600M. Discover has acquired in 5 different US states. The Company’s most targeted sectors include financial services (100%).

Discover Ownership

Who owns Discover?

Discover is owned by Capital One Financial. It was acquired on February 19, 2024.

Discover Business Overview

Where is Discover headquartered?

Discover is headquartered in Riverwoods, Illinois.

What is Discover’s revenue?

Discover disclosed revenue of 13,337M USD for 2022 and 12,087M USD for 2021.

How many employees does Discover have?

Discover has 20,200 employees.

What sector is Discover in?

Discover is a financial services company.

When was Discover founded?

Discover was founded in 1960.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity5
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 1

Discover

Discover Financial Services

2500 Lake Cook Road,
Riverwoods, Illinois 60015
United States,
(224) 405-0900
www.discover.com

Discover is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. The Company issues the Discover card and offers home loans, private student loans, personal loans, home equity loans, checking and savings accounts, certificates of deposit and money market accounts through its direct banking business. Discover was founded in 1960 and is incorporated in Riverwoods, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 5 - - - - - 5
vol $1.1B $1.1B
Sell (0.0/yr) # - - - - - - 0
  5

Most Recent M&A

Company Date Value Type
Home Loan Center, Inc. 2012-06-06 - Divestiture
Irvine, California · www.homeloancenter.com
First National Bank Alaska 2010-10-13 - Add-on Acquisition
Anchorage, Arkansas · www.fnbalaska.com
The Student Loan Corp. 2010-09-17 600M USD Add-on Acquisition
Salt Lake City, Utah · www.studentloan.com
Diners Club International Ltd. 2008-04-07 165M USD Divestiture
Chicago, Illinois · www.dinersclub.com
PULSE payments network 2004-11-15 311M USD Add-on Acquisition
Houston, Texas · www.pulsenetwork.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Diners Club International Ltd. 2008-04-07 Dinit d.o.o. 2015-05-06 2
Chicago, Illinois · www.dinersclub.com Izola, Slovenia · www.dinitcs.com
Diners Club International Ltd. 2008-04-07 Diners Club Italia S.r.l. 2015-05-06 1
Chicago, Illinois · www.dinersclub.com Milan, Italy · www.dinersclub.it

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 5 (100%) 1.1B (100%) - -
Total 5 $1.1B - -

By Geo

State/Country Buy Value Sell Value
United States 5 1.1B - -
  Utah 1 600M - -
  Texas 1 311M - -
  Illinois 1 165M - -
  California 1 - - -
  Arkansas 1 - - -
Total 5 $1.1B - -

Top M&A Advisors

Financial Deals
Morgan Stanley
 1

Deal Values

buy # Total
$100M to $1B 3 $1.1B
TOTAL $1.1B
Largest The Student Loan Corp.
$600M (2010-09-17)

M&A Connections

Deals
Acquired from
Strategic(s)
40%
2 (40%)

Company Summary

SECTOR

Financial Services

Revenue

13,337   11% 2022
12,087   10% 2021
11,088   4% 2020
11,459   8% 2019
10,709   9% 2018
9,897   9% 2017
9,099   5% 2016
8,739   4% 2015
8,477   2014
(millions of USD) Show More Show Less

Employees

20,200

Established

1960

 Subscribe to unlock this and 207,390
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 200K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Discover

Illinois Companies , Financial Services Companies , United States Companies , Illinois Financial Services Companies , Illinois Financial Services with Acquisitions , Illinois Financial Services with Divestitures

Related Lists for Illinois Companies

Largest Illinois Companies , Acquisitive Illinois Companies , Recently Acquired Illinois Companies , Recently Sold Illinois Companies , Private Illinois Companies , Public Illinois Companies , Acquired Illinois Companies , PE Backed Illinois Companies

Related Lists for Financial Services Companies

Largest Financial Services Companies , Acquisitive Financial Services Companies , Recently Acquired Financial Services Companies , Recently Sold Financial Services Companies , Private Financial Services Companies , Public Financial Services Companies , Acquired Financial Services Companies , PE Backed Financial Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal