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

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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

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