M&A Deal Summary |
|
|---|---|
| Date | 2001-06-01 |
| Target | Fleet Mortgage |
| Sector | Financial Services |
| Buyer(s) | Mr. Cooper Group |
| Sellers(s) | FleetBoston Financial |
| Deal Type | Divestiture |
| Deal Value | 660M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2015 |
| Sector | Financial Services |
| Employees | 7,900 |
| Revenue | 3.0B USD (2024) |
Mr. Cooper Group is a provider of quality servicing, origination, and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper® and Xome®. Mr. Cooper Group was founded in 2015 and is based in Coppell, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 14 |
| Sector: Financial Services M&A | 6 of 14 |
| Type: Divestiture M&A Deals | 2 of 4 |
| State: South Carolina M&A | 1 of 1 |
| Country: United States M&A | 6 of 14 |
| Year: 2001 M&A | 3 of 3 |
| Size (of disclosed) | 7 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-02-15 |
Bank United
Houston, Texas, United States Bank United Corp., provides a range of banking services. |
Buy | $1.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-01-04 |
DIME Bancorp
New York, New York, United States DIME Bancorp is a national mortgage origination and servicing business and leading regional bank in the New York market with over 120 branches throughout New York City, Long Island, and northern New Jersey. |
Buy | $5.2B |
| Category | Company |
|---|---|
| Founded | 1791 |
| Sector | Financial Services |
| Employees | 47,500 |
FleetBoston Financial was a bank and financial services firm created in 1999 by the merger of Fleet Financial Group and BankBoston.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 3 |
| State: South Carolina M&A | 1 of 1 |
| Country: United States M&A | 2 of 3 |
| Year: 2001 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-03-15 |
BankBoston
Boston, Massachusetts, United States BankBoston Corporation was a bank serving consumers and businesses. BankBoston offered a variety of banking services and also had operations throughout Latin America. |
Buy | $16.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-04-01 |
InterPay
East Hanover, New Jersey, United States InterPay, founded in 1971, is a national payroll and human resource administrative services provider primarily focused on small- to medium-sized businesses located in 49 states. InterPay's offices encompass the Northeast and Mid-Atlantic regions of the U.S., as well as northern Illinois and Florida. InterPay provides a full range of payroll services, including payroll processing, payroll tax filing and employee pay services. Its HR administrative services include workers' compensation solutions, section 125 plans and employee benefit booklets. |
Sell | $182M |
