M&A Deal Summary |
|
|---|---|
| Date | 2016-04-07 |
| Target | GE Capital - Canadian Franchise Financing Business |
| Sector | Financial Services |
| Buyer(s) | CWB |
| Sellers(s) | GE Capital |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1984 |
| Sector | Financial Services |
| Revenue | 1.1B CAD (2023) |
CWB is a full-service bank that offers full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. CWB was incorporated in 1984 and is based in Edmonton, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Financial Services M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Ontario M&A | 2 of 2 |
| Country: Canada M&A | 4 of 4 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-21 |
Maxium Financial Services
Richmond Hill, Ontario, Canada Maxium Financial Services, Inc. provides loans, equipment leases and structured financing solutions to more than 35,000 clients, with the majority of business sourced in Ontario. Specialized financing solutions are primarily provided in areas of healthcare, golf, transportation, real estate, and general corporate financing. |
Buy | $120M |
| Category | Company |
|---|---|
| Founded | 1932 |
| Sector | Financial Services |
| Employees | 47,000 |
GE Capital is the financing division of General Electric Co and is currently comprised of GE Capital Aviation Services and GE Energy Financial Services. These entities provide commercial lending and leasing, as well as a range of financial services for commercial aviation, energy, and support for GE's industrial business unit.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 12 |
| Sector: Financial Services M&A | 4 of 6 |
| Type: Divestiture M&A Deals | 8 of 10 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 2 of 2 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-01 |
General Electric Capital Corp - Healthcare Financial Services Lending Business
United States General Electric Capital Corp - Healthcare Financial Services Lending Business is a provider of financial services healthcare industry. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-21 |
SBI Cards and Payment Services
Gurgaon, India SBI Cards and Payment Services engages in marketing and distribution of credit cards. The company offers lifestyle, reward, shopping, travel, and banking partnership cards for personal needs; and corporate, central travel, utility, and purchase cards for corporate needs. SBI Cards and Payment Services was founded in 1998 and is based in Gurugram, Haryana. |
Sell | - |
