M&A Deal Summary

Computershare Acquires Wells Fargo - Corporate Trust Services

On March 23, 2021, Computershare acquired business services company Wells Fargo - Corporate Trust Services from Wells Fargo for 750M USD

Acquisition Highlights
  • This is Computershare’s 12th transaction in the Business Services sector.
  • This is Computershare’s largest (disclosed) transaction.
  • This is Computershare’s 18th transaction in the United States.
  • This is Computershare’s 3rd transaction in California.

M&A Deal Summary

Date 2021-03-23
Target Wells Fargo - Corporate Trust Services
Sector Business Services
Buyer(s) Computershare
Sellers(s) Wells Fargo
Deal Type Divestiture
Deal Value 750M USD

Target

Wells Fargo - Corporate Trust Services

San Francisco, California, United States
Wells Fargo's Corporate Trust Services provides a wide variety of trust and agency services in connection with debt securities issued by public and private corporations, government entities, and the banking and securities industries.

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Buyer(S) 1

Buyer

Computershare

Abbotsford, Australia

website


Category Company
Founded 1978
Sector Information Technology
Employees12,646
Revenue 2.3B USD (2020)
DESCRIPTION

Computershare specializes in the provision of software solutions and professional services to the securities industry. Computershare was founded in 1978 and is based in Abbotsford, Australia.


DEAL STATS #
Overall 26 of 26
Sector (Business Services) 12 of 12
Type (Divestiture) 10 of 10
State (California) 3 of 3
Country (United States) 18 of 18
Year (2021) 1 of 1
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-01 Verbatim Global Compliance

Wheeling, West Virginia, United States

Verbatim Global Compliance LLC is a provider of managed corporate secretarial services. Verbatim Global Compliance is based in Wheeling, West Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-01 KCC

El Segundo, California, United States

KCC is legal services provider specializing in corporate restructuring, class action and mass tort administration, and trustee and fiduciary services. KCC was formed in 2001 and is based in El Segundo, California.

Sell -

Seller(S) 1

SELLER

Wells Fargo

San Francisco, California, United States

website


Category Company
Founded 1852
Sector Financial Services
Employees264,513
Revenue 72.3B USD (2020)
DESCRIPTION
Wells Fargo's corporate headquarters in downtown San Francisco, California.
Wells Fargo's corporate headquarters in downtown San Francisco, California.

Wells Fargo is a diversified financial services company that provides retail, commercial and corporate banking services through banking stores and offices, the internet and other distribution channels to individuals, businesses and institutions in all 50 US states, the District of Columbia and in other countries. Wells Fargo provides other financial services through subsidiaries engaged in various businesses, principally: wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment. Wells Fargo was formed in 1852 and is based in San Francisco, California.


DEAL STATS #
Overall 16 of 16
Sector (Business Services) 4 of 4
Type (Divestiture) 15 of 15
State (California) 4 of 4
Country (United States) 11 of 11
Year (2021) 3 of 3
Size (of disclosed) 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-23 Wells Fargo Asset Management

San Francisco, California, United States

Wells Fargo Asset Management (WFAM) is an asset management firm with more than $600 billion in assets under management and investment capabilities across diverse asset classes.

Sell $2.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-01 Tramec

Shawnee, Kansas, United States

Tramec is a provider of a diverse range engineered components to the heavy-duty tractor and trailer OEM and aftermarket sales markets, along with the general industrial fastener market. The company’s product portfolio includes automatic brake adjusters, air brake connectors and fittings, brake hose assemblies, pressure release valves, electrical connectors and components, specialty fasteners, and a diverse range of truck and trailer components and accessories. Tramec was founded in 2008 and is based in Shawnee, Kansas.

Buy -