M&A Deal Summary

First Citizens Bank Acquires Butterfield Bank

On August 27, 2012, First Citizens Bank acquired financial services company Butterfield Bank

Acquisition Highlights
  • This is First Citizens Bank’s 1st transaction in the Financial Services sector.
  • This is First Citizens Bank’s 1st transaction in Barbados.

M&A Deal Summary
Date 2012-08-27
Target Butterfield Bank
Sector Financial Services
Buyer(s) First Citizens Bank
Deal Type Add-on Acquisition

Target

Butterfield Bank

Bridgetown, Barbados
Butterfield Bank (Barbados) Limited provides financial banking services.

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Buyer(S) 1

Buyer

First Citizens Bank

Port of Spain, Trinidad and Tobago
Category Company
Sector Financial Services
DESCRIPTION

Citizens Group is one of the prime financial services groups in Trinidad & Tobago. Citizens Group offer a full range of retail, corporate and merchant banking services as well as asset management, trustee and brokerage services.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Barbados) 1 of 1
Year (2012) 1 of 1
Mergr

Product

Company

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