Synchrony - M&A Summary and Business Overview

Financial ServicesCompany

Synchrony M&A Summary

Synchrony has acquired 3 companies, including 1 in the last 5 years.

Synchrony has acquired in 2 different US states. The Company’s most targeted sectors include internet software and services (67%) and financial services (34%).

Synchrony Business Overview

Where is Synchrony headquartered?

Synchrony is headquartered in Stamford, Connecticut.

What is Synchrony’s revenue?

Synchrony disclosed revenue of 13,627M USD for 2023 and 11,674M USD for 2022.

How many employees does Synchrony have?

Synchrony has 20,000 employees.

What sector is Synchrony in?

Synchrony is a financial services company.

When was Synchrony founded?

Synchrony was founded in 2003.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Advisors 2

Synchrony

Synchrony Financial

777 Long Ridge Road,
Stamford, Connecticut 06902
United States,
(203) 585-2400
www.synchrony.com

Synchrony is a consumer financial services companies. Synchrony is a largest provider of private label credit cards based on purchase volume and receivables. Company provides a range of credit products through programs we have established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers to help generate growth for partners and offer financial flexibility to customers. Synchrony was founded in 2003 and is based in Stamford, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 2 - 1 - - - 3
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Allegro Credit 2021-01-26 - Add-on Acquisition
Burlingame, California · www.allegrocredit.com
Loop Commerce 2018-05-10 - Add-on Acquisition
Menlo Park, California · www.loopcommerce.com
GPShopper LLC 2017-03-20 - Add-on Acquisition
New York, New York · www.gpshopper.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
CareCredit LLC    - Citibank N.A. - Citi Health Card Portfolio 2017-02-21 2
Costa Mesa, California · www.carecredit.com New York, New York

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 2 (67%) - - -
Financial Services 1 (33%) - - -
Total 3 - - -

By Geo

State/Country Buy Value Sell Value
United States 3 - - -
  California 2 - - -
  New York 1 - - -
Total 3 - - -

Top M&A Advisors

Financial Deals
Morgan Stanley
 2
Legal Deals
Sidley
 1

Company Summary

SECTOR

Financial Services

Revenue

13,627   17% 2023
11,674   15% 2022
10,192   9% 2021
11,162   35% 2020
17,170   1% 2019
17,134   8% 2018
16,008   16% 2017
13,874   12% 2016
12,485   6% 2015
11,805   7% 2014
11,071   11% 2013
10,048   2012
(millions of USD) Show More Show Less

Employees

20,000

Established

2003

Public

NYSE: SYF

 Subscribe to unlock this and 208,718
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
  • 204K 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 Synchrony

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

Related Lists for Connecticut Companies

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