M&A Deal Summary

GBank Acquires BankCard Services

On December 14, 2023, GBank acquired financial services company BankCard Services

Acquisition Highlights
  • This is GBank’s 1st transaction in the Financial Services sector.
  • This is GBank’s 1st transaction in the United States.
  • This is GBank’s 1st transaction in Nevada.

M&A Deal Summary
Date 2023-12-14
Target BankCard Services
Sector Financial Services
Buyer(s) GBank
Deal Type Merger

Target

BankCard Services

Las Vegas, Nevada, United States
BankCard Services provides the bank necessary, g-bank, to issue the discover general reloadable prepaid card, branded for each of sightline distributors. BankCard Services was formed in 2014 and is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

GBank

Las Vegas, Nevada, United States
Category Company
Founded 2007
Sector Financial Services
Revenue 45M USD (2023)
DESCRIPTION

GBank operates two full-service commercial branches in Las Vegas, Nevada, with primary lending activities focused on engaging clients. GBank also provides general commercial banking services with an emphasis on serving the needs of small- and medium-sized businesses, high net worth individuals, professionals, and investors. GBank also offers a full complement of consumer deposit products. GBank was founded in 2007 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Merger) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

Product

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