Financial ServicesCompany
Truist M&A Summary
Truist has acquired 50 companies, including 3 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.
Truist’s largest acquisition to date was in 2019, when it acquired SunTrust Banks for $28.0B. It’s largest disclosed sale occurred in 2024, when it sold Sterling Capital Management to Guardian Capital Group for $70M. Truist has acquired in 17 different US states. The Company’s most targeted sectors include financial services (84%) and insurance (8%).
Truist Business Overview
Where is Truist headquartered?
Truist is headquartered in Charlotte, North Carolina.
What is Truist’s revenue?
Truist disclosed revenue of 23,390M USD for 2023 and 23,035M USD for 2022.
How many employees does Truist have?
Truist has 49,218 employees.
What sector is Truist in?
Truist is a financial services company.
When was Truist founded?
Truist was founded in 1872.
M&A Summary
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M&A Total Activity51
- M&A Buy Activity50
- M&A Sell Activity1
- Total Sectors Invested 4
- Total Countries Invested 1
- M&A Buy/Sell Connections 5
- M&A Advisors 9