M&A Deal Summary

CompuCredit Acquires The Citadel Group

On April 15, 2000, CompuCredit acquired financial services company The Citadel Group from Citadel Capital Management for 64M USD

Acquisition Highlights
  • This is CompuCredit’s 1st transaction in the Financial Services sector.
  • This is CompuCredit’s largest (disclosed) transaction.
  • This is CompuCredit’s 1st transaction in the United States.
  • This is CompuCredit’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2000-04-15
Target The Citadel Group
Sector Financial Services
Buyer(s) CompuCredit
Sellers(s) Citadel Capital Management
Deal Type Merger
Deal Value 64M USD

Target

The Citadel Group

Wayne, New Jersey, United States
The Citadel Group, Inc. is a provider of diversified financial services.

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Buyer(S) 1

Buyer

CompuCredit

Atlanta, Georgia, United States
Category Company
Sector Financial Services
Employees900
DESCRIPTION

CompuCredit Corp. is a financial services company that uses sophisticated analytical techniques and computer models to target sub-prime consumer credit.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Merger) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2000) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Citadel Capital Management

Winter Park, Florida, United States

Investor

Category Private Equity Firm
Founded 1986
Size Small
Type Sector Agnostic
DESCRIPTION

Citadel Capital Management is a private investment firm that seeks private equity and venture investments. Citadel focuses on lower middle-market opportunities with an emphasis on real estate. Citadel is based in Maitland, Florida.

DEAL STATS #
Overall 2 of 2
Sector (Financial Services) 1 of 1
Type (Merger) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 2 of 2
Year (2000) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1990-01-01 Biodental Technologies

Rancho Cordova, California, United States

Biodental Technologies Corp. is a dental device manufacturer.

Sell -
Mergr

Product

Company

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