M&A Deal Summary |
|
---|---|
Date | 2019-10-21 |
Target | Banco Santander S.A. - Puerto Rico |
Sector | Financial Services |
Buyer(s) | First Bank |
Sellers(s) | Banco Santander |
Deal Type | Add-on Acquisition |
Deal Value | 63M USD |
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Category | Company |
---|---|
Founded | 1948 |
Sector | Financial Services |
Employees | 3,168 |
Revenue | 897M USD (2023) |
First Bank is a financial holding company offering commercial banking, residential mortgage loan, finance lease, personal loan, small loan, auto loan, insurance, and broker dealer products and services to retail, commercial, and institutional customers primarily in Puerto Rico, and to a lesser extent in the U.S. and British Virgin Islands and Florida. First Bank was incorporated in 1948 and is based in San Juan, Puerto Rico.
DEAL STATS | # |
---|---|
Overall | 13 of 14 |
Sector (Financial Services) | 12 of 13 |
Type (Add-on Acquisition) | 6 of 7 |
Country (Puerto Rico) | 1 of 1 |
Year (2019) | 1 of 1 |
Size (of disclosed) | 6 of 7 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-08-21 |
Bear Insurance Service
Albemarle, North Carolina, United States Bear Insurance Service is an independent insurance agency, that offers personal, business and life & health insurance services. Bear Insurance Service is based in Albemarle, North Carolina. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-06-21 |
GrandSouth Bank
Greenville, South Carolina, United States GrandSouth Bank is a South Carolina state bank that offers a full array of commercial bank services. Deposit services include business and personal checking accounts, savings accounts, money market accounts, various term certificates of deposit, IRA accounts, and other deposit services. GrandSouth Bank was formed in 1998 and is based in Greenville. |
Buy | $181M |
Category | Company |
---|---|
Founded | 1856 |
Sector | Financial Services |
Employees | 211,141 |
Revenue | 59.9B EUR (2023) |
Banco Santander is a financial group operating principally in Spain, the UK, Portugal, and Brazil. Banco Santander is a provider of commercial and retail banking financial services. Banco Santander was founded in 1856 and is based in Madrid, Spain.
DEAL STATS | # |
---|---|
Overall | 6 of 6 |
Sector (Financial Services) | 4 of 4 |
Type (Add-on Acquisition) | 1 of 1 |
Country (Puerto Rico) | 2 of 2 |
Year (2019) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-02-18 |
Thrive Childcare and Education
Edinburgh, United Kingdom Thrive Childcare and Education operate 49 exceptional nurseries and providing a nurturing and stimulating environment where children come first every time. Thrive Childcare and Education was founded in 2001 and is based in Edinburgh, United Kingdom. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-11-04 |
Ebury Partners UK
London, United Kingdom Ebury Partners UK Ltd. is a global finance specialist operates on a unique worldwide distribution platform underpinned by a data-driven business model and offers best-in-class customer experience and product capabilities. Ebury was formed in 2009 and is based in London. |
Buy | - |