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  6. Peoples Trust Co. Acquires Lendful Financial

M&A Deal Summary

Peoples Trust Co. Acquires Lendful Financial

On June 19, 2018, Peoples Trust Co. acquired financial services company Lendful Financial

Acquisition Highlights
  • This is Peoples Trust Co.’s 1st transaction in the Financial Services sector.
  • This is Peoples Trust Co.’s 1st transaction in Canada.
  • This is Peoples Trust Co.’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2018-06-19
Target Lendful Financial
Sector Financial Services
Buyer(s) Peoples Trust Co.
Deal Type Add-on Acquisition

Target

Lendful Financial

Vancouver, British Columbia, Canada
Lendful Financial, Inc. is a provider of three- and five-year fixed-term loans to credit-worthy borrowers. Lendful Financial, Inc. was founded in 2015 and is based in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

Peoples Trust Co.

St. Albans, Vermont, United States
Category Company
Founded 1985
Sector Financial Services
DESCRIPTION

Peoples Trust Co. is a federally chartered financial institution that provides financial services. Peoples Trust Co. was founded in 1985 and is based in St. Albans, Vermont.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2018 M&A 1 of 1
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