M&A Deal Summary

Branch Banking and Trust Co. Acquires Collateral Real Estate Capital

On August 23, 2007, Branch Banking and Trust Co. acquired financial services company Collateral Real Estate Capital

Acquisition Highlights
  • This is Branch Banking and Trust Co.’s 5th transaction in the Financial Services sector.
  • This is Branch Banking and Trust Co.’s 4th transaction in the United States.
  • This is Branch Banking and Trust Co.’s 1st transaction in Alabama.

M&A Deal Summary

Date 2007-08-23
Target Collateral Real Estate Capital
Sector Financial Services
Buyer(s) Branch Banking and Trust Co.
Deal Type Add-on Acquisition

Target

Collateral Real Estate Capital

Birmingham, Alabama, United States
Collateral Real Estate Capital LLC is a commercial real estate finance company.

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Buyer(S) 1

Buyer

Branch Banking and Trust Co.

Winston-Salem, North Carolina, United States

Category Company
Sector Financial Services
DESCRIPTION

Branch Banking and Trust Co. is a provider of commercial banking services.


DEAL STATS #
Overall 5 of 5
Sector: Financial Services M&A 5 of 5
Type: Add-on Acquisition M&A Deals 3 of 3
State: Alabama M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2007 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-03 AFCO Credit

New York, New York, United States

AFCO Credit Corp. is a provider in premium finance solutions for clients large and small, AFCO offers progressive solutions for lasting relationships.

Buy -