M&A Deal Summary

Regions Financial Acquires Clearsight Advisors

On December 17, 2021, Regions Financial acquired business services company Clearsight Advisors

Acquisition Highlights
  • This is Regions Financial’s 1st transaction in the Business Services sector.
  • This is Regions Financial’s 7th transaction in the United States.
  • This is Regions Financial’s 1st transaction in Virginia.

M&A Deal Summary

Date 2021-12-17
Target Clearsight Advisors
Sector Business Services
Buyer(s) Regions Financial
Deal Type Add-on Acquisition
Advisor(s) Holland & Knight (Legal)

Target

Clearsight Advisors

McLean, Virginia, United States
Clearsight Advisors is a mergers and acquisitions firm serving clients in the technology, professional services, data and information services, and digital and technology-enabled services industries. It combines deep market insights across software, services and data. Clearsight Advisors was formed in 2011 and is based in McLean, Virginia.

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Buyer(S) 1

Buyer

Regions Financial

Birmingham, Alabama, United States

Category Company
Founded 1971
Sector Financial Services
Employees19,644
Revenue 7.1B USD (2024)
DESCRIPTION
Regions' headquarters in downtown Birmingham, Alabama.
Regions' headquarters in downtown Birmingham, Alabama.

Regions Financial is a full-service provider of consumer and commercial banking, wealth management, mortgage, and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,700 banking offices and 2,000 ATMs. Regions Financial was founded in 1971 and is based in Birmingham, Alabama.


DEAL STATS #
Overall 7 of 7
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
State: Virginia M&A 1 of 1
Country: United States M&A 7 of 7
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-04 Sabal Capital Partners - Lending and servicing segments

Irvine, California, United States

Sabal Capital Partners' Lending and servicing segments provide lending in the small-balance commercial real estate market for clients nationwide. Sabal Capital Partners' Lending and servicing segments are based in Irvine, California.

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