M&A Deal Summary |
|
|---|---|
| Date | 2006-12-22 |
| Target | The 401 Company |
| Sector | Financial Services |
| Buyer(s) | Charles Schwab |
| Sellers(s) | Nationwide Mutual Insurance |
| Deal Type | Divestiture |
| Deal Value | 115M USD |
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| Category | Company |
|---|---|
| Founded | 1971 |
| Sector | Financial Services |
| Employees | 32,000 |
| Revenue | 20.8B USD (2022) |
Charles Schwab engages in securities brokerage, banking, money management, and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments, Investor Services and Institutional Services. The Investor Services segment provides retail brokerage and banking services to individual investors. The Institutional Services segment provides custodial, trading, and support services to independent investment advisors. The Institutional Services segment also provides retirement plan services, specialty brokerage services, and mutual fund clearing services. Charles Schwab was founded in 1971 and is based in Westlake, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 13 |
| Sector (Financial Services) | 4 of 11 |
| Type (Divestiture) | 1 of 2 |
| State (Texas) | 2 of 4 |
| Country (United States) | 4 of 13 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 8 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-08-31 |
SoundView Technology Group
Old Greenwich, Connecticut, United States SoundView Technology Group, Inc. is the parent of SoundView Technology Corporation, a research-driven securities firm focused on technology and other growth sectors. |
Sell | $265M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-04-02 |
Schwab Retirement Plan Services
Austin, Texas, United States Schwab Retirement Plan Services Co. is a provider of mid-size and large retirement plans. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1925 |
| Sector | Insurance |
Nationwide is a diversified insurance and financial services organization that provides a full range of personalized insurance and financial services, including auto insurance, motorcycle, boat, homeowners, life insurance, farm, commercial insurance, administrative services, annuities, mortgages, mutual funds, pensions and long-term savings plans. Nationwide was formed in 1925 and is based in Columbus, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 7 |
| Sector (Financial Services) | 1 of 1 |
| Type (Divestiture) | 1 of 7 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 7 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-01-05 |
FutureHealth
Hunt Valley, Maryland, United States FutureHealth Corp. is a population risk management company located in Hunt Valley, Maryland. The Company provides utilization, case, disease and maternity management, as well as a nurse advice and triage line. FutureHealth takes a comprehensive approach, which teaches patients to work with their physicians, comply with treatment plans and become active participants in their own healthcare. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-01 |
Harleysville Group
Harleysville, Pennsylvania, United States Harleysville Group, Inc. is an insurance company. Harleysville markets its insurance products to individuals, and small and medium-sized businesses through independent agents. |
Buy | $834M |
