M&A Deal Summary |
|
|---|---|
| Date | 2021-06-08 |
| Target | EnerBank |
| Sector | Financial Services |
| Buyer(s) | Regions Financial |
| Sellers(s) | CMS Energy |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1971 |
| Sector | Financial Services |
| Employees | 20,101 |
| Revenue | 7.6B USD (2023) |
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 | 5 of 7 |
| Sector (Financial Services) | 5 of 6 |
| Type (Divestiture) | 1 of 2 |
| State (Utah) | 1 of 1 |
| Country (United States) | 5 of 7 |
| Year (2021) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-04-01 |
Ascentium Capital
Kingwood, Texas, United States Ascentium Capital LLC provides financing of essential-use equipment for small business customers through a technology-enabled model that delivers same-day credit decisions and funding. The company specializes in loan and lease products for IT and office machines, medical equipment, specialty vehicles, industrial equipment, and franchise assets. Ascentium Capital was formed in 2011 and is based in Kingwood, Texas. |
Buy | - |
| 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. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Utilities |
| Employees | 8,356 |
| Revenue | 7.5B USD (2023) |
CMS Energy is an energy company and is the parent holding company of several subsidiaries, including Consumers, an electric and gas utility, and CMS Enterprises, primarily a domestic independent power producer. Consumers serves individuals and businesses operating in the alternative energy, automotive, chemical, metal, and food products industries, as well as a diversified group of other industries. CMS Enterprises is engaged primarily in independent power production and owns power generation facilities fueled mostly by natural gas and biomass. CMS Energy was founded in 1987 and is based in Jackson, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Financial Services) | 1 of 1 |
| Type (Divestiture) | 3 of 3 |
| State (Utah) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-08-10 |
Goldfields Gas Transmission Pipeline
Australia Goldfields Gas Transmission Pipeline engages in distribution of gas services. |
Sell | - |
