M&A Deal Summary

RBC Acquires Carlin Financial Group

On January 3, 2007, RBC acquired financial services company Carlin Financial Group

Acquisition Highlights
  • This is RBC’s 2nd transaction in the Financial Services sector.
  • This is RBC’s 2nd transaction in the United States.
  • This is RBC’s 1st transaction in New York.

M&A Deal Summary

Date 2007-01-03
Target Carlin Financial Group
Sector Financial Services
Buyer(s) RBC
Deal Type Add-on Acquisition

Target

Carlin Financial Group

New York, New York, United States
Carlin Financial Group is a broker-dealer known for its proprietary trade execution platform that is extremely popular with emerging hedge fund managers, professional traders and financial institutions.

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Buyer(S) 1

Buyer

RBC

Toronto, Ontario, Canada

Category Company
Founded 1864
Sector Financial Services
Employees94,480
Revenue 56.3B CAD (2023)
DESCRIPTION

RBC provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. RBC employs approximately 78,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 38 other countries. RBC was formed in 1864 and is based in Toronto. RBC was founded in 1864 and is based in Toronto, Ontario.


DEAL STATS #
Overall 2 of 7
Sector (Financial Services) 2 of 6
Type (Add-on Acquisition) 2 of 7
State (New York) 1 of 1
Country (United States) 2 of 4
Year (2007) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-26 RBC Centura Banks

Rocky Mount, North Carolina, United States

RBC Centura Banks, Inc. is a provider of a complete line of banking, investment, insurance, leasing and asset management services to individuals and businesses in North Carolina, South Carolina and Virginia.

Buy $2.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-30 Seasongood & Mayer

Cincinnati, Ohio, United States

Seasongood & Mayer LLC is a public finance firm and leading underwriter of municipal debt.

Buy -