Sovereign Bank - M&A Summary and Business Overview

Financial ServicesCompany

Sovereign Bank M&A Summary

Sovereign Bank has acquired 1 company.

Sovereign Bank’s largest acquisition to date was in 2004, when it acquired Waypoint Financial for $980M. Sovereign Bank has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).

Sovereign Bank Business Overview

Where is Sovereign Bank headquartered?

Sovereign Bank is headquartered in Philadelphia, Pennsylvania.

What sector is Sovereign Bank in?

Sovereign Bank is a financial services company.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1

Sovereign Bank

Sovereign Bancorp, Inc.

Philadelphia, Pennsylvania
United States,
www.sovereignbank.com

Sovereign Bank is a regional US bank serving customers in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Rhode Island. In addition to full-service retail banking, Sovereign offers a broad array of financial services and products including business and corporate banking, cash management, capital markets, trust and wealth management, and insurance. Sovereign Bank is headquartered in Philadelphia, Pennsylvania.


M&A Summary

Buy vs Sell

Year ≤ '99 '00 '01 '02 '03 '04 T
Buy (0.2/yr) # - - - - - 1 1
vol $980M $980M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Waypoint Financial Corp. 2004-03-09 980M USD Add-on Acquisition
Harrisburg, Pennsylvania
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 1 (100%) 980M (100%) - -
Total 1 $980M - -

By Geo

State/Country Buy Value Sell Value
United States 1 980M - -
  Pennsylvania 1 980M - -
Total 1 $980M - -

Deal Values

buy # Total
$100M to $1B 1 $980M
TOTAL $980M
Largest Waypoint Financial Corp.
$980M (2004-03-09)

Company Summary

SECTOR

Financial Services

 Subscribe to unlock this and 208,055
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
  • 201K 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 Sovereign Bank

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

Related Lists for Pennsylvania Companies

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