Sun Bancorp - Ownership and Business Overview

Financial ServicesCompany

Sun Bancorp Ownership

Who owns Sun Bancorp?

Sun Bancorp is owned by OceanFirst Financial. It was acquired on June 30, 2017.

Sun Bancorp Business Overview

Where is Sun Bancorp headquartered?

Sun Bancorp is headquartered in Mount Laurel, New Jersey.

What is Sun Bancorp’s revenue?

Sun Bancorp disclosed revenue of 98M USD for 2015 and 108M USD for 2014.

How many employees does Sun Bancorp have?

Sun Bancorp has 362 employees.

What sector is Sun Bancorp in?

Sun Bancorp is a financial services company.

When was Sun Bancorp founded?

Sun Bancorp was founded in 1985.

Financial Services M&A Summary in 2017

Out of 60 sectors in the Mergr database, financial services ranked 12 in number of deals in 2017. The largest financial services acquisition in 2017 was Worldpay UK - which was acquired by Worldpay for $12.0B.

Join Mergr to view all 243 acquisitions of financial services companies in 2017, including 60 acquisitions by private equity firms, and 183 by strategics.

Sun Bancorp Inc.

350 Fellowship Road Suite 101,
Mount Laurel, New Jersey 08054
United States,
(856) 691-7700
www.sunnb.com

Sun Bancorp Inc. is a provider of commercial and retail banking services. Sun Bank serves the region through more than 30 community banking centers across eleven New Jersey counties, as well as through commercial lending offices in Edison and Mount Laurel, New Jersey, and Manhattan, New York.


M&A Summary

Buy vs Sell

Year ≤ '03 '04 '05 '06 '07 '08 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.2/yr) # - - - - - 1 1
  1

Most Recent M&A

Company Date Value Type
Sun National Bank - Delaware Branch Network 2008-07-28 - Divestiture
, Delaware
View All >>

M&A by Sector

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

By Geo

State/Country Buy Value Sell Value
United States - - 1 -
  Delaware - - 1 -
Total - - 1 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

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